Silver Bow Mining (NYSE American: SBMT) elevates Doug Stiles to President role
Rhea-AI Filing Summary
Silver Bow Mining Corp. appointed Doug Stiles as President, effective July 27, 2026. He previously served as Vice President of Regulatory and External Affairs since February 2026 and brings more than 25 years of experience in permitting, environmental management, regulatory affairs and stakeholder engagement in the U.S. mining sector.
The company states that no new material compensation plan or contract for Mr. Stiles has been entered into as of that date and that an amendment will be filed within four business days after any compensatory terms are determined. There are no arrangements, family relationships, or related-party transactions tied to his appointment. Silver Bow Mining is advancing the high-grade silver-zinc Rainbow Block Project in Montana’s Butte Mining District, where it holds approximately 4,193 acres of patented mineral claims and 1,410 acres of surface lands.
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8-K Event Classification
Key Figures
Key Terms
Superfund regulatory
Regulation FD regulatory
patented mineral claims financial
forward-looking statements regulatory
Exploration License No. 00857 regulatory
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FAQ
What leadership change did Silver Bow Mining (SBMT) announce on July 27, 2026?
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Did Silver Bow Mining (SBMT) approve a new compensation arrangement for Doug Stiles as President?
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How large is Silver Bow Mining’s (SBMT) land position in the Butte Mining District?
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On July 27, 2026, Silver Bow Mining Corp. (the “Company”) announced that, effective July 27, 2026, Doug Stiles, Vice President of Regulatory and External Affairs of the Company, was appointed President of the Company.
Mr. Stiles has extensive experience in environmental permitting, regulatory compliance, and government relations in the mining sector in the United States. He has worked closely with federal and state regulatory agencies, including the U.S. Environmental Protection Agency and state environmental departments, on complex permitting and remediation matters affecting mining operations. Prior to joining the Company as Vice President of Regulatory and External Affairs in February 2026, Mr. Stiles held senior roles focused on environmental management, regulatory affairs and stakeholder engagement within the natural resources industry, including concurrent service as Vice President of Sustainability & Environment with Lion Copper and Gold Corp since 2024. From July 2015 to January 2024, Mr. Stiles served as Director of Environmental Operations for Hecla Mining Company and General Manager for Hecla Montana, a wholly owned subsidiary of Hecla Mining Company from July 2015 to January 2024. Mr. Stiles brings significant expertise in Superfund matters, mine permitting, water rights, and public and community engagement in Montana and the broader western United States. Mr. Stiles holds a degree in Environmental Engineering from Montana Technological University and an MBA from Washington State University's Carson College of Business.
As of the date of this Current Report on Form 8-K, the Company has not entered into any new material compensation plan, contract or arrangement with Mr. Stiles in connection with his appointment as President, and the terms of any such arrangement have not yet been determined. The Company will file an amendment to this Current Report on Form 8-K within four business days after the material terms of any such compensatory arrangement are determined, as required by Instruction 2 to Item 5.02 of Form 8-K.
There is no arrangement or understanding between Mr. Stiles and any other persons pursuant to which Mr. Stiles was appointed as President. There are no family relationships between Mr. Stiles and any director or executive officer of the Company, and he has no direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
On July 27, 2026, the Company issued a press release announcing the leadership update described in Item 5.02 above. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits
| 99.1 | Press Release dated July 27, 2026 |
| 104 | Cover Page Interactive Data File--the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SILVER BOW MINING CORP. | ||
| By: | /s/ C. Travis Naugle | |
| C. Travis Naugle | ||
| Chief Executive Officer | ||
| Dated: July 29, 2026 | ||
Exhibit 99.1
FOR IMMEDIATE RELEASE
Silver Bow Mining Appoints Montana Mining Executive
Doug Stiles as President
Travis Naugle, Chairman and CEO: “Doug’s appointment reflects our commitment to building a leadership team with deep Montana mining experience as we advance our Rainbow Block Project.”
BUTTE, MONTANA – July 27, 2026 – Silver Bow Mining Corp. (NYSE American: SBMT) (“Silver Bow Mining” or the “Company”), a minerals exploration company advancing the Butte Mining District of Montana, today announced the appointment of Doug Stiles as President of the Company. Mr. Stiles, who has served as Vice President of Regulatory and External Affairs since February 2026, will continue to report to Travis Naugle, Chairman and Chief Executive Officer.
Mr. Stiles’ appointment further strengthens the Company’s executive leadership team by aligning its technical, regulatory, operational, and stakeholder engagement functions under a seasoned Montana mining executive with more than 25 years of experience advancing mining projects through permitting, development, and operations. His leadership will be instrumental as Silver Bow Mining advances exploration, permitting, and development at its flagship Rainbow Block Project.
“Doug’s appointment reflects our commitment to building a leadership team with deep Montana mining experience as we advance our Rainbow Block Project,” said Travis Naugle. “He is a Montana native, a Montana Tech graduate, and a mining executive who has successfully navigated every stage of a mining project’s life cycle – from permitting and development through operations and closure. With the Rainbow Block Project located entirely on private patented lands under the jurisdiction of the Montana Department of Environmental Quality, we have a clear and well-defined permitting pathway. Doug’s leadership, experience, and deep understanding of Montana’s regulatory and community landscape significantly strengthen our ability to execute our strategy and responsibly advance the Rainbow Block.”
“I was born and raised in Montana and earned my engineering degree in Butte, so helping advance the Rainbow Block Project is both professionally rewarding and personally meaningful,” said Mr. Stiles. “Throughout my career, I have believed that successful mining is built on technical excellence, environmental responsibility, and earning the trust of regulators, local communities, and other stakeholders. Returning to the Butte Mining District to help build the next generation of mines here is an honor. As President, my focus
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will be on safely advancing the Rainbow Block Project while delivering on every commitment we make to the State of Montana, the communities of Butte and Walkerville, and our shareholders.”
Proven Track Record in Montana Mine Development
Mr. Stiles holds a BS in environmental engineering from Montana College of Mineral Science and Technology (now Montana Technological University), an MBA from Washington State University, and has spent more than 25 years permitting, developing, operating, and remediating mining projects in Montana, including the Rock Creek copper-silver project, the Montanore copper-silver project, and the Troy Mine.
As Silver Bow Mining’s Vice President of Regulatory and External Affairs, Mr. Stiles has been responsible for regulatory strategy, permitting, compliance, government relations, and public and community engagement activities in the Butte Mining District. He serves as the Company’s principal interface with the Montana Department of Environmental Quality and key stakeholders.
Mr. Stiles previously served as Director of Environmental Operations for Hecla Mining Company, the largest primary silver producer in the United States, and as General Manager of Hecla Montana, a wholly owned subsidiary. At Hecla, he directed state and federal permitting for the Rock Creek and Montanore copper-silver projects in northwest Montana. As project lead for both, he managed the subsequent state and federal legal challenges, providing expert witness and hearing testimony. He also led the closure of the Troy Mine, including an early modification of the mine’s state-approved Plan of Operations that improved closure outcomes for both the site and the surrounding environment.
About Silver Bow Mining Corp.
Silver Bow Mining Corp. is a minerals exploration company advancing the high-grade silver-zinc Rainbow Block Project in Montana’s historic Butte Mining District, while targeting a broader suite of U.S.-designated Critical Minerals including copper, manganese, germanium, gallium, indium, antimony, and bismuth. The Company holds approximately 4,193 acres of patented mineral claims and approximately 1,410 acres of surface lands across multiple claim blocks in this historically prolific district, including the flagship Rainbow Block.
On Behalf of Silver Bow Mining Corp.,
Travis Naugle, Chairman and Chief Executive Officer
For More Information, Contact:
Investor Relations
Silver Bow Mining Corp.
Email: ir@silverbowmining.com
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Forward-Looking Statements
This news release contains forward-looking statements within the meaning of the U.S. Securities Act of 1933, as amended, the U.S. Securities Exchange Act of 1934, as amended, and forward-looking information within the meaning of applicable Canadian securities laws. All statements, other than statements of historical fact, included in this news release that address activities, events or developments that we expect or anticipate will or may occur in the future are forward-looking statements and forward-looking information. These forward-looking statements and forward-looking information include, but are not limited to, statements regarding the effective date of Mr. Stiles’ appointment as President, the alignment of the Company’s executive officers’ experience with the Company’s efforts to advance its project, the Company’s exploration, permitting and community engagement plans and activities at the Rainbow Block Project, and the Company’s expectations regarding underground exploration. When used in this news release or elsewhere, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “project,” “target,” “will,” “could,” “should,” and similar expressions, or statements that certain actions, events or results “may,” “could,” “would,” “should,” “might” or “will” occur or be achieved, often, but not always, identify forward-looking statements and forward-looking information. These statements are based on the Company’s current expectations, estimates, assumptions and beliefs as of the date of this news release, including assumptions regarding the availability of personnel, equipment, permits, services and financing; regulatory requirements; and general business, market and economic conditions.
These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance or achievements of the Company to differ materially from those expressed or implied by such statements. Such factors include, among others, risks relating to reliance on key personnel and third-party contractors and consultants; risks relating to the retention and transition of executive officers; uncertainty of resource estimates; risks that exploration activities may not result in the definition of mineral resources or support further technical or economic studies; uncertainty as to the Company’s future capital costs, operating costs, non-operating costs, and ability to raise capital on terms acceptable to the Company or at all; risks relating to the Company’s exploration activities in Butte, Montana; risks related to the Company’s mineral claims, including the validity, title and maintenance of mineral claims and property rights; risks in obtaining, maintaining or amending permits, licenses and future permitting and regulatory approvals, including matters relating to Exploration License No. 00857; risks of delays resulting in timelines disclosed in this news release not being met; the risk that the Rainbow Block Project may not advance beyond the exploration stage or be developed into a commercially viable mining operation; and the inherently hazardous nature of mining-related activities and other operational and environmental risks inherent in mineral exploration and mining-related activities. Additional risk factors are discussed under the headings “Forward-Looking Statements” and “Risk Factors” in the Company’s Registration Statement on Form S-1, as amended, filed with the U.S. Securities and Exchange Commission on April 24, 2026, the Company’s Canadian prospectus dated April 29, 2026, filed on SEDAR+, and in other documents filed by the Company with the U.S. Securities and Exchange Commission and Canadian securities regulatory authorities.
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Although the Company has attempted to identify important factors that could cause actual results to differ materially from those described in forward-looking statements and forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned not to place undue reliance on forward-looking statements and forward-looking information, which speak only as of the date of this news release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise.
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