Silver Bow Mining to acquire Montana Tunnels Mine via Chapter 11 asset purchase

SILVER BOW MINING CORP.

Acquires Montana Tunnels Mine and Diamond Hill Mill from Montana Goldfields via Section 363 sale; MTMI is in Chapter 11.
Will fund $28.6M into escrow for creditor payments ($4.27M Jefferson County, $20.8M Montana DEQ) pending bankruptcy court final order.
Consideration includes extinguishing $1M prior note, issuing 3.5M final CVRs and 11.5M deferred CVRs convertible to common shares.
Also grants 2% NSR royalty (buydown $10M), toll milling with 15% markup, and net profits interests (25%/50% tailings, 25%/75% Clancy Creek).
Company to fund $5M M-Pit feasibility study and $3M Clancy Creek bypass; closing after court approval, target by Nov 30, 2026.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.