Silver Bow Mining enters $5 million secured note agreement with Ocean Partners UK
SBMT•Silver Bow Mining entered a $5 million secured note agreement with Ocean Partners UK on Oct. 2, 2026. Proceeds are restricted to its Rainbow Block project and the complex; the note matures March 31, 2027, and carries interest at SOFR plus 6.75%.
1. Note terms
Silver Bow Mining entered the secured note agreement with Ocean Partners UK on Oct. 2, 2026, according to an SEC filing. The proceeds will be used solely for the Rainbow Block project and the complex. The note matures March 31, 2027, and interest at SOFR plus 6.75% is payable monthly starting Nov. 1, 2026.
