Silver BULL Announces Voting Results of Annual Meeting of Shareholders
April 24, 2023 OTCQB: SVBL, TSX: SVB
SILVER BULL ANNOUNCES VOTING RESULTS OF ANNUAL MEETING OF
SHAREHOLDERS
VANCOUVER, BC – (April 24, 2023) – Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL ) (“Silver Bull” or
the “ Company”) is pleased to announce the detailed voting results of the proposals considered at its
annual meeting of shareholders held on April 20, 2023 (the “Meeting”). A total of 12,669,434 or 36.14%
of the Company’s issued and outstanding shares were represented at the Meeting.
The following nominees, as listed in Silver Bull’s p roxy statement, were re -elected as directors of the
Company:
Director Votes For % Withheld Votes %
Brian Edgar 8,309,550 98.4% 131,410 1.6%
Timothy Barry 8,319,507 98.6% 121,453 1.4%
David Underwood 8,328,566 98.7% 112,394 1.3%
William Matlack 8,338,181 98.8% 102,779 1.2%
Silver Bull is also pleased to announce that the Company’s s hareholders have ratified and approved the
appointment of Smythe LLP, as the Company ’s independent registered p ublic accounting firm, for the
fiscal year ending October 31, 2023 (12,597,725 or 99.4% voted “For”, 62,217 or 0.5% voted “ Against”
and 9,492 or 0.1% abstained from voting).
The Company’s shareholders also voted to approve, on a non -binding advisory basis, the compensation
of th e Company’s named executive officers (7,931,514 or 94.0% voted “Fo r”, 352,052 or 4.2% voted
“Against”, and 157,394 or 1.8% abstained from voting).
Full details of the proposals are fully described in the Company’s definitive proxy st atement filed on
February 28, 2023 available on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov.
On behalf of the Board of Directors
“Tim Barry”
Tim Barry, CPAusIMM
Chief Executive Officer and Director
INVESTOR RELATIONS:
+1 604 687 5800
Cautionary note regarding forward looking statements: This news release contains forward- looking statements regarding
future events and Silver Bull’s and Arras’s future results that are s ubject to the safe harbors created under t he U .S. Private
Securities Litigation Reform Act of 1995, the Securities Act of 1933, as amended, and the Exchange Act, and applicable Canadian
securities laws. Forward -looking statements include, among others, statements regarding the Mineral Resource est imates for
the Sierra Mojada projects and the development of the project. These statements are based on current expectations , estimates,
forecasts, and projections about Silver Bull’s and Arras’s exploration projec ts, the industry in which Silver Bull oper ates and the
beliefs and assumptions of Silver Bull’s management. Words such as “expects,” “anticipates,” “targets,” “goals, ” “projects,”
“intends,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “may,” va riations of such words, and similar expres sions and
references to future periods, are intended to identify such forward -looking statements. Forward-looking statements are subject
to a number of assumptions, risks and uncertainties, many of which are beyond our control, including such factors as whethe r
management’s focus will be as described in this news release, the results of exploration activities and whether the re sults
continue to support continued exploration activities, unexpected variations in ore grade, types and metallurgy, volatility and
level of commodity prices, the availability of sufficient future financing, and other matters discussed under the caption “ Risk
Factors” in Silver Bull’s Annual Report on Form 10 -K for the fiscal year ended Octobe r 31, 2022 and our other 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 futur e performance and that
actual results or d evelopments may differ materially from those expressed or implied in the forward- looking statements. Any
forward-looking statement made by us in this release is based only on information currently available to us a nd speaks only as
of the date on which it is m ade. 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, future developments or otherwise.