Silver Bow Mining signs $88M term sheet with Ocean Partners for funding, bond guarantees, offtake

SILVER BOW MINING CORP.

Non-binding term sheet with Ocean Partners UK: $40M prepayment facility, $43.1M bond guarantees, $5M bridge, $5M equity lead.
Prepayment facility at 12-mo SOFR+6.75%, three tranches ($10M/$20M/$10M), maturities 36/24 months; no production-timing covenants.
Bond guarantees expected to release ~$42M cash collateral: $40.9M Complex bond and $1.1M Rainbow Block cash collateral.
$5M pre-closing bridge funded within 5 business days; credited against first tranche; repayable by Mar 31, 2027 if Complex deal fails.
Ten-year zinc/lead offtake: 100% Rainbow Block & non-M-Pit Montana Tunnels, 1/3 M-Pit; no minimum tonnages, no take-or-pay.

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