Silver BULL Announces Closing of a Private Placement FOR Proceeds of C$500,000 and Change of Transfer Agent
June 28, 2021 OTCQB: SVBL, TSX: SVB
SILVER BULL ANNOUNCES CLOSING OF A PRIVATE PLACEMENT FOR
PROCEEDS OF C$500,000 AND CHANGE OF TRANSFER AGENT
VANCOUVER, BC – (June 28, 2021) – Silver Bull Resources, Inc. (TSX: SVB; OTCQB: SVBL) ( “Silver Bull” or
the “Company”) is pleased to announce the completion a of a private placement of 500,000 shares of
common stock of the Company (the “Shares”) at a price o f C$1.00 per Share for gross proceeds of
C$500,000. (the “Private Placement”).
No placement agent or finder’ s fees were paid in connection with the Private Placement, and the net
proceeds of the Private Placement will be used by Silver Bull for general working capital purposes.
All securities issued pur suant to the Private Placement are subj ect to a h old period under applicable
Canadian securit ies laws, which will expire four months plus one day from the date of closing of the
Private Placement, and will be restricted securities for purposes of U.S. securities laws.
The securities issued unde r the Priv ate Placem ent have not been registered under the United States
Securities Act of 1933, as amended (th e “ U.S. Securities Act ”), or any state securities laws, and
accordingly, may not be offere d or s old within the United States except in compliance with the
registration requirements of the U.S. Securi ties Act and applicable state securities requirements or
pursuant to exemptions therefrom. This news release does not constitute an offer to sell or a solicitation
of an offer to buy any of Silver Bull’s securities in the United States.
Change of Transfer Agent
The Company also announces that Olympia Trust Company has replaced Equiniti Trust Company and TSX
Trust Company as the registrar and transfer agent of the Company. Shareholders need not take action in
respect of the change in transfer agent.
In all jurisdictions, all inquiries and correspondence relating to shareholders’ records, transfer of shares,
lost certificates and or change of address should now be directed to Olympia Trust Company at the
contact information below:
Olympia Trust Company
Attn: Corporate & Shareholder Services
PO Box 128, STN M
Calgary AB T2P 2H6
Tel: 1-833-684-1546 (toll free in North America)
Fax: (403) 668-8307
Email: [email protected]
Website: https://css.olympiatrust.com
About Silver Bull
Silver Bull is a Vancouver-based mineral exploration company whose shares are listed on the TSX and
trade on the OTCQB in the United States. Silver Bull owns the Sierra Mojada Project which is located 150
kilometers north of the city of Torreon in Coahuila , Mexico, and i s highly prospective for silver and zinc.
Sierra Mojada is currently under a joint venture opti on with South32 International Investm ent Holdings
Pty Ltd. In addition, Silver Bull’s majority-owned subsidiary, Arras Minerals Corp., holds an Option
Agreement to acquire the Beskauga Copper-Gold Project, located in North Eastern Kazakhstan.
On behalf of the Board of Directors
“Tim Barry”
Tim Barry, CPAusIMM
Chief Executive Officer, President and Director
INVESTOR RELATIONS:
+1 604 687 5800
Cautionary note regarding forward -looking statements: This news release conta ins forward -looking statements regard ing
future events and Silver Bull's future results that are subject to the safe harbors created under the U.S. Private Secur ities
Litigation Reform Act of 1995, the U.S. Securities Act, and the U.S. Securities Exchange Act of 1934, as amended, and applicab le
Canadian securities laws. Words such as "expects," "anticipates," "targets," "goals," "p rojects," "intends," "plans," "believes,"
"seeks," "estimates," "continues," "may," variations of such words, and similar expres sions and references to future periods, are
intended to identify such forward -looking statements. Forward-looking statements in this news release include, among others,
statements regarding the expected use of proceeds from the Private Placement . These sta tements are based on current
expectations, estimates, forecasts, and projections about Silver Bull's exploration projects, the i ndustry in which S ilver Bull
operates and the beliefs and assumptions of Silver Bull's management. Forward -looking statements are subject to a number of
assumptions, risks and uncertainties, many of which are beyond our control, including such factors as t he results of exploration
activities and whether the results continue to support continued exploration activities, unexpected va riations in ore grade, types
and meta llurgy, volatility and level of commodity prices, the availability of sufficient future fin ancing, and other matters
discussed under the caption "Risk Factors" in Silver Bull's Annual Report on Form 10-K for the fiscal year ended October 31, 2020
and our o ther periodic and current reports filed with the SEC and available on www.sec.gov and with the Canadian securities
commissions available on www.sedar.com. Readers are cautioned that forward-looking statements are not guarantees of future
performance and th at actu al r esults or deve lopments may differ materially from those expressed or implied in the forward -
looking statements. Any forward -looking statement made by us in this news release is based only on information curre ntly
available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward -
looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, futur e
developments or otherwise.