Silver BULL Reminds Shareholders of the Annual Meeting of
April 6, 2021 OTCQB: SVBL, TSX: SVB
SILVER BULL REMINDS SHAREHOLDERS OF THE ANNUAL MEETING OF
SHAREHOLDERS ON APRIL 12, 2021
VANCOUVER, BC – (April 6, 2021) – Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (“Silver Bull” or the
“Company”) reminds all shareholders to vote in advance of the annual meeting of shareholders ( the
“Meeting”) on Monday, April 12, 2021 at 10:00 a.m. PT.
The Company’s b oard of directors STRONGLY RECOMMENDS that all shareholders vote “ FOR” all
proposals, particularly the proposal to increase the number of authorized shares.
President and CEO Tim Barry states,
We have recently announced the private placement into our British Columbia incorporated subsidiary
“Arras Minerals Corp.” which holds the option agreement for the Beskauga Project, and the Stepnoe and
Ekidos mineral licenses in Ka zakhstan. This structure allows us to move forward and finance the
Kazakhstan projects. We still need to be able to fund the costs of the Sierra Mojada Project. To do this we
need to increase the C ompany’s authorized share capital. To ensure the Company can continue the
development of the Sierra Mojada project, and ensure shareholders continue to have exp osure to silver
and zinc, it is vital that the Company has access to capital.
Without shareholder approval, the Company will have virtually no shares available for issuance to cover
the costs of maintaining its interest in the Sierra Mojada project or cover the costs of its general corporate
overhead. Management would need to immediately investigate all available options, including, but not
limited to, seeking to dispose of the Company’s assets or engag e in a business combination. Any such
transaction may not be on terms that are favorable to the Company. Continuing in business with virtually
no shares available for issuance is not a sustainable path for the Company.
YOUR VOTE IS IMPORTANT – PLEASE VOTE TODAY
The proxy voting deadline is 11:59 p.m. ET on April 11, 2021.
We encourage you to vote well in advance of the deadline.
For any questions or assistance with voting, please contact management by email at
On behalf of Silver Bull’s management and board, we thank you for your support on this very important
matter.
Authorized Share Increase Proposal
By increasing the number of authorized shares of Silver Bull common stock now, the Company will be able
to act in a timely manner when the need to raise equity capital arises or when the Company’s b oard of
directors believes it is in the best interests of the Company and shareholders to take action, without the
delay and expense that would be r equired at that time to obtain shareholder approval to increase the
authorized shares. Business purposes for which the Company could seek to raise additional capital include
furthering the development of the Sierra Mojada project in Mexico. Virtually all j unior exploration
companies like the Company remain as viable companies and conduct their mineral exploration activities
by raising funds by issuing shares from time to time. In the absence of an affirmative vote to increase the
number of authorized shares of Silver Bull common stock, the Company will have an insufficient number
of authorized shares to raise funds to fund general corporate overhead or cover the costs associated
with maintaining its interests in the Sierra Mojada project in Mexico.
Silver Bull Annual Meeting of Shareholders
The Meeting is scheduled for 10:00 a.m. PT on Monday, April 12, 2021, at the Company’s offices at 777
Dunsmuir Street, Suite 1610, Vancouver, British Columbia.
Additional information concerning the proposals can be found in the definitive proxy statement dated
February 23, 2021. 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.
How to Vote Your Shares
• By Internet: If you received a Notice of Internet Availability of Proxy Materials (the “Notice”), you can
access the Company’s proxy materials and vote online at www.proxyvote.com . Further instructions
to vote online are provided in the Notice.
• By Telephone: You may vote your shares by calling 1 -800-690-6903. You will need to follow the
instructions on your proxy card and the voice prompts.
Due to the essence of time, shareholders are encouraged to vote by I nternet or telephone as set out
above.
The board of directors of Silver Bull UNANIMOUSLY recommends that Silver Bull shareholders
vote FOR all proposals.
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 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: 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 and the completion of due diligence in resp ect of the Beskauga Option Agreement . 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.