---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-26-002667"
form_type: "8-K"
ticker: "SBMT"
cik: "0002067674"
company_name: "SILVER BOW MINING CORP."
filed_at: "2026-10-08T21:19:14+00:00"
generated_at: "2026-10-12T15:22:25.349266+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Silver Bow Mining issues $5M note at SOFR+6.75% due March 31, 2027; raises CEO pay to $350K

## Summary
- On Oct. 2, 2026, Silver Bow sold a $5.0M secured promissory note to Ocean Partners UK Limited for $5.0M cash; it matures March 31, 2027, and pays 12-month SOFR +6.75%, monthly from Nov. 1, 2026.
- First-priority senior interest in the $28.58M Montana Goldfields note under the Aug. 21, 2026 asset purchase agreement for the Jefferson County Metallurgical Complex and Montana Tunnels Mine.
- Note does not amortize; if Complex closing precedes maturity, principal and interest credit against Ocean Partners' tranche A draw under the prepayment facility; otherwise lump sum due at maturity.
- Proceeds must be used solely to advance the Rainbow Block project and, when acquired, the Jefferson County Metallurgical Complex including the Montana Tunnels Mine.
- Compensation Committee set CEO C. Travis Naugle's salary at $350,000 effective May 1, 2026, plus a $250,000 one-time bonus and $100,000 annual Executive Chairman fee effective Oct. 3, 2026.

## SEC filing metadata
- accession: 0001539497-26-002667
- form_type: 8-K
- ticker: SBMT
- cik: 0002067674
- company_name: SILVER BOW MINING CORP.
- filed_at: 2026-10-08T21:19:14+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2067674/000153949726002667/0001539497-26-002667-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2067674/000153949726002667/n5138_x42-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-26-002667
- JSON: https://secwatch.observer/filing/0001539497-26-002667.json
- Plain text: https://secwatch.observer/filing/0001539497-26-002667.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.