Silver Bow Mining to grant CEO 2,000,000 performance warrants pending shareholder approval
SBMT•Silver Bow Mining authorized 2,000,000 performance warrants for its CEO in an unregistered offering, subject to NYSE American and shareholder approval. Vesting depends on resource growth, market capitalization targets or production milestones; exercise prices start at $12 per share, or $18 for production-linked warrants, and may rise to the market price at grant.
1. Warrants await approval
Silver Bow Mining authorized 2,000,000 new performance warrants for its chief executive on October 14, 2026, through an unregistered offering. NYSE American approval, including shareholder approval, is required, and the shareholder vote will establish the grant date.
2. Vesting and exercise terms
Vesting depends on mineral resource growth, market capitalization targets or production milestones. Exercise prices start at $12 per share, or $18 for production-linked warrants, rising to the market price at grant if higher. Separately, 200,000 existing performance warrants exercisable at US$3.10 will vest upon NYSE American approval following replacement of their performance milestone.
