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SVB.TO ·

Silver BULL Appoints Chief Financial Officer

Management Changes

4758739.6

September 28, 2020 OTCQB: SVBL, TSX: SVB

SILVER BULL APPOINTS CHIEF FINANCIAL OFFICER

VANCOUVER, BC – (September 28, 2020) – Silver Bull Resources, Inc. (TSX: SVB; OTCQB: SVBL) ( "Silver

Bull" or the " Company") is pleased to announce the appointment of Christopher Richards as Chief

Financial Officer effective September 28, 2020, replacing Sean Fallis in that role.

Mr. Richards has a distinguished 20 year career in the mining industry and as a C PA (Chartered

Professional Accountant , British Columbia), CA, bringing broad experience in all aspects of financial

management, reporting, technical accounting, risk advisory, corporate finance and tax management.

Prior to jo ining the Company, Mr. Richards m ost recently served as the Vice President of Finance for

Great Panther Mining Limited , a U.S. and Canadian dual -listed gold and silver producer . Prior to Great

Panther, he served as a senior financial consultant at various p ublic and private mining companies in

Vancouver, providing his expertise to merging and n ewly formed project development -staged entities.

Prior to that, he spent 7 years as the Vice Presiden t Finance and Corporate Secretary of K azakhstan-

focused Kyzyl Gold Ltd., was Corporate Controller at NovaGold Resources I nc. and a Senior Manager at

KPMG LLP.

Mr. Richards h olds a Bachelor of Business Administration degree from Simon Fraser University and a

Certificate in Mining Studies from the Norman B. Keevil Institute of Mining Engineering at the University

of British Columbia.

Silver Bull would like to thank Mr. Sean Fallis for his years of service as Chief Financial Officer. Brian

Edgar, Chairman and director of Silver Bull states , “Mr. Fallis has been an outstanding member of our

core management team for nearly 10 years. During his tenure as our C hief Financial Officer he has

proven to be a consummate professional meeting all challenges in a c alm and confident manner. We

wish him the very best in his new role as Vice President of Finance for Sierra Wireless.“

About Silver Bull : Silver Bull is a mineral exploration comp any whose shares are listed on the Toronto

Stock Exchange and trade on the OTCQB in the United States, and is based out of Vancouver, Canada .

Silver Bull recently signed an option to purchase agreement for the "Beskauga" copper-gold project in

Kazakhstan. This agreement is still subject to on the ground due diligence when safe travel due to COVID

to the region allows. In addition, Silver Bull owns the S ierra Mojada Project which is located 150

kilometers north of the city of Torreon in Coahuila, Me xico, and is highly prospective for silver and zinc

and is currently under a joint venture option with South32 Ltd.

On behalf of the Board of Directors

"Tim Barry"

Tim Barry, CPAusIMM

Chief Executive Officer, President and Director

INVESTOR RELATIONS:

+1 604 687 5800

[email protected]