Silver BULL Announces Postponement of Annual Meeting of Shareholders
4785289.4
April 12, 2021 OTCQB: SVBL, TSX: SVB
SILVER BULL ANNOUNCES POSTPONEMENT OF ANNUAL MEETING OF
SHAREHOLDERS
VANCOUVER, BC – (April 12, 2021) – Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“ Silver Bull” or
the “ Company”) today announced that it is postponing its 202 1 annual meeting of shareholders (the
“Meeting”) to April 19, 2021 to provide its shareholders with additional time to vote on the proposals
submitted for shareholder approval at the Meeting. Shareholders are a dvised that because one of the
proposals involves proposed amendments to the Company’s articles of incorporation , the holders of a
majority of the outstanding shares of Silver Bull common stock must approve such proposal.
The record date for determining the shareholders eligible to vote at the Meeting will remain the close of
business on February 18, 2021. Shareholders who have already submitted a proxy do not need to vote
again for the postponed Meeting rescheduled for Monday, April 19, 2021 at 10:00 a.m. Pacific time at
the Company’s offices at 777 Dunsmuir Street, Suite 1610, Vancouver, British Columbia , as the proxies
submitted will remain valid.
Of particular importance, the Company’s board of directors strongly recommends that all shareholders to
vote “FOR” the proposal to increase the number of authorized shares. In the absence of an affirmative
vote to increase the number of authorized shares of Silver Bull common stock, t he Company will have
virtually no shares available for issuance to raise funds to fund general corporate overhead or cover the
costs associated with maintaining its mining interests, including in the Sierra Mojada project in Mexico.
Silver Bull shareholders as of close of business on February 18, 2021 who have not voted are encouraged
to vote online at www.proxyvote.com or by telephone at 1 -800-690-6903. The proxy voting deadline to
vote by Internet or telephone is April 18, 2021 at 11:59 p.m. Eastern time . Silver Bull shareholders who
require assistance with voting their shares or have questions may contact the Company by email at
Shareholders who have already submitted proxies and want to change their proxy can update their vote
at any time before the votes are cast at the Meeting . Your vote will be rec orded at the Meeting in
accordance with your most recently submitted proxy.
Important Information
This communication may be deemed to be solicitation material in connection with the proposals to be
considered at the Meeting. In connection with the proposals, Silver Bull filed a definitive proxy statement
on Schedule 14A with the U.S. Securities and Exchange Commission (the “ SEC”) on February 23, 2021.
Shareholders are urged to read the definitive proxy statement and all other relevant documents filed with
the SEC because they contain important information about the proposals. An electronic copy of the
definitive proxy statement is available on the Company’s website at www.silverbullresources.com, on the
Company’s EDGAR profile at www.sec.gov, and on its SEDAR profile at www.sedar.com.
Participants in the Solicitation
Silver Bull and its directors and executive officers may be deemed to be participants in the solicitation of
proxies from Silver Bull shareholders in respect of the proposals to be considered at the Meeting.
Information about the directors and executive officers of Silver Bull can be found in its Annual Report on
Form 10-K for the year ended October 31, 2020 filed with the SEC on January 28, 2021, filings on Form 3,
4 and 5 filed with the SEC, and the Company’s definitive proxy statement for the Meeting fil ed with the
SEC on February 23, 2021.
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 is highly prospective for silver and zinc.
Sierra Mojada is currently under a joint venture option with South32 International Investment Holdings
Pty Ltd. In addition, Silver Bull’s subs idiary, 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: Certain statements in this news release are
“forward-looking” within the meaning of applicable securities legislation. Forward-looking statements can
generally be identified by the use of forward -looking terminology such as “may”, “will”, “expect”,
“intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking
statements include, but are not limited to, statements relating to the proposals to be considered at the
Meeting. Forward-looking statements are necessarily based upon the current belief, opinions and
expectations of management that, while considered reasonable by the Company, are inherently subject
to significant business, economic, competitive, political and social uncertainties and other contingencies.
Many factors could cause the Company’s actual results to differ materially from those expressed or
implied in the forward -looking statements. These factors include, among others, market prices, metal
prices, availability of capital and financing, general economic, market or business conditions, as well as
other risk factors set out under the heading “Risk Factors” in the Annual Report on Form 10-K for the year
ended October 31, 2020, which is available on SEDAR at www.sedar.com. Investors are cautioned not to
put undue reliance on forward-looking statements due to the inherent uncertainty therein.