Brief: Silver Bow Mining Signs Definitive Agreement To Acquire The Jefferson County Metallurgical Complex In Montana
BRIEF-Silver Bow Mining Signs Definitive Agreement To Acquire The Jefferson County Metallurgical Complex In Montana Aug 24 (Reuters) - Silver Bow Mining Corp SBMT.A:
SILVER BOW MINING SIGNS DEFINITIVE AGREEMENT TO ACQUIRE THE JEFFERSON COUNTY METALLURGICAL COMPLEX IN MONTANA
SILVER BOW MINING CORP - TO PAY $28.60 MILLION CASH TO CREDITORS INCLUDING $4.27 MILLION TO JEFFERSON COUNTY, $20.80 MILLION TO MONTANA DEQ
SILVER BOW MINING CORP - DEAL INCLUDES 2% NET SMELTER RETURN ROYALTY ON M-PIT PRODUCTION WITH $10 MILLION BUYBACK RIGHT
SILVER BOW MINING CORP - POST-CLOSING COMMITMENTS INCLUDE $5 MILLION FEASIBILITY STUDY AND $3 MILLION FOR CLANCY CREEK BYPASS CHANNEL
SILVER BOW MINING CORP - DEAL INCLUDES 50% NET PROFITS INTEREST FOR TAILINGS REPROCESSING AND 75% FOR CLANCY CREEK PLACER PRODUCTION
Source text: ID:nBw2pylqVa
Further company coverage: SBMT.A
((Reuters.Briefs@thomsonreuters.com;))
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