Silver Bow Mining signs term sheet for up to US$88M funding
Silver Bow Mining has signed a term sheet with Ocean Partners for potential US$88M funding and a credit support package, alongside 10-year zinc and lead concentrate off-take agreements.
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Silver Bow Mining signs ~$88M term sheet with Ocean Partners
Silver Bow Mining signed a non-binding term sheet with Ocean Partners for an ~$88M package including a $40M concentrate prepayment facility, ~$43.1M reclamation bond guarantees, and 10-year zinc/lead offtakes; a $5M bridge note is due within five business days.