Silver Bow Mining Corp. (SBMT) director Andrew Richard Holloway reported an award of 2,850 restricted stock units on September 30, 2026. All are to vest and become convertible into Common Shares upon the earliest of a change in control, a sale of a majority of the issuer’s assets, or his departure from the board. His reported Common Shares following the award were 31,467.
On August 26, 2026, Holloway was granted 30,000 stock options with an exercise price of $8.86. They vest one-third on the first anniversary of the grant date and one-third on each subsequent anniversary, subject to continued service.
Silver Bow Mining Corp. Vice President of Exploration Phillip Anson Nickerson purchased 500 common shares at $8.86 per share on September 29, 2026. No Rule 10b5-1 plan is reported for the transaction.
Silver Bow Mining Corp. amended and restated President Doug Stiles’s employment agreement. He serves as the company’s senior operating executive, reports to the CEO and leads day-to-day operations while retaining regulatory and external affairs responsibilities. The agreement has a three-year term beginning February 17, 2026, unless terminated earlier.
Mr. Stiles’s annual base salary is $240,000. The Board will review it during the fourth quarter of 2026 and increase it by an amount the Board determines no later than December 31, 2026. He is eligible for an annual performance bonus of up to 50% of base salary, based on Board-determined criteria.
Silver Bow Mining Corp. (SBMT) reported that it has signed a non-binding term sheet with Ocean Partners UK Limited for an integrated funding, credit support and offtake package totaling approximately US$88 million tied to the Rainbow Block Project and the planned acquisition of the Jefferson County Metallurgical Complex.
The package contemplates a US$40 million concentrate prepayment facility in three tranches, approximately US$43.1 million of reclamation bond guarantees, and Ocean Partners acting as lead investor for US$5 million in a potential future equity financing. A separate binding US$5 million pre-closing bridge note, to be funded within five business days, will be credited against the first tranche. Bond guarantees are expected to release about US$42 million of existing cash reclamation collateral. The facility would carry interest at 12‑month SOFR plus 6.75% with a 1.0% arrangement fee on draws, while guarantees would carry a 3.0% annual fee payable in cash, shares or warrants. The term sheet remains largely non-binding and is subject to definitive agreements and completion of the Complex acquisition, and the company also plans to seek shareholder approval for contingent value rights (CVRs) and underlying common shares via a future proxy process.
SILVER BOW MINING CORP. (SBMT) director and Chief Executive Officer Charles Travis Naugle filed an amended Form 3 to correct his reported holdings of common shares. The amendment adds 33,020 common shares that were unintentionally omitted from his original Form 3 and subsequent five Forms 4. His total direct holdings are now reported as 148,131 common shares as of the date of this Form 3/A, with no new buy or sell transaction disclosed.
Silver Bow Mining Corp. (SBMT) reports that a U.S. Bankruptcy Court order on September 4, 2026 approved the sale of specified Montana Tunnels Mining, Inc. assets under an Asset Purchase Agreement, triggering the Initial Closing. Silver Bow released approximately $28.58 million from escrow to pay designated creditors, including $4.27 million to Jefferson County, Montana and $20.78 million to the Montana Department of Environmental Quality, with any excess going to the seller. In exchange, Silver Bow received a $28.58 million senior secured promissory note from the selling parent, secured by its assets, a guarantee from Montana Tunnels Mining, Inc. and a mortgage over certain of its real property and fixtures. The note carries no interest unless unpaid at maturity, when it accrues 10% per annum, and matures no later than November 30, 2026 if not extinguished at the final closing.
Separately, Silver Bow entered into note purchase agreements with the seller on September 4 and 10, 2026, buying senior secured notes of $3 million and $2 million, respectively. These $5 million notes bear 8% annual interest, mature six months after issuance, and may be repaid by surrendering 1,155,555 contingent value rights to be issued at the final closing, or in cash if that closing has not occurred. The notes are secured by those contingent value rights and shares of the seller’s Elkhorn Goldfields subsidiary. Silver Bow also obtained a support agreement from key shareholders of the seller to back the acquisition and plans to seek its own shareholder approval for issuing the contingent value rights and underlying common shares.
SILVER BOW MINING CORP. (SBMT) reported that Chief Executive Officer and director Charles Travis Naugle purchased 1,500 Common Shares on September 8, 2026 in an open market or private transaction at $8.28 per share. Following this transaction he directly owns 115,111 Common Shares and indirectly holds 43,799 Common Shares through a 401(k) plan.
No Rule 10b5-1 trading plan is reported for this transaction.
Silver Bow Mining Corp. (SBMT) reports that on September 8, 2026 it received court approval and completed the first closing of its previously announced acquisition transaction involving Montana Goldfields, Inc. and Montana Tunnels Mining, Inc.
The company plans a shareholders meeting to seek approval for issuing contingent value rights (CVRs) and underlying common shares related to this transaction. Silver Bow Mining will file a proxy statement with the SEC, and investors will be able to access the materials via the SEC and company websites.
Silver Bow Mining Corp. (SBMT) reported that on August 26, 2026, its board granted new equity awards under its long-term incentive plan to key executives. The grants include 150,000 stock options and 3,611 RSUs to CEO C. Travis Naugle, 50,000 options to President Doug Stiles, 10,000 options to CFO Wade Black, and 20,000 options to COO Kevin Shiell.
All options vest in three equal annual installments and are exercisable at US$8.86 per share until August 26, 2031. The 3,611 RSUs for Mr. Naugle vest upon the earlier of a change in control, a sale of a majority of the company’s assets, or his departure from the board.
SILVER BOW MINING CORP. (SBMT) reported that its Chief Financial Officer, Wade Newton Black, received a grant of stock options for 10,000 common shares. The options have an exercise price of $8.86 per share, expire on August 26, 2031, and vest one-third on each anniversary of the grant date, subject to continued service. Following this grant, Black holds 10,000 stock options directly.