{"id":478961,"date":"2021-04-20T09:18:06","date_gmt":"2021-04-20T13:18:06","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\/"},"modified":"2021-04-20T09:18:06","modified_gmt":"2021-04-20T13:18:06","slug":"silver-bull-announces-voting-results-of-annual-meeting-of-shareholders","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\/","title":{"rendered":"Silver Bull Announces Voting Results of Annual Meeting of Shareholders"},"content":{"rendered":"
\n

VANCOUVER, British Columbia, April 20, 2021 (GLOBE NEWSWIRE) — Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (\u201cSilver<\/strong>Bull<\/strong>\u201d or the \u201cCompany<\/strong>\u201d) announces the detailed voting results of the proposals considered at its annual meeting of shareholders held on April 19, 2021 (the \u201cMeeting<\/strong>\u201d). A total of 18,265,547 or 54.17% of the Company\u2019s issued and outstanding shares were represented at the Meeting.<\/p>\n

Most critically, the Meeting included a proposal for shareholders to approve and adopt amended and restated articles of incorporation of the Company to increase the number of authorized shares of Silver Bull common stock from 37.5 million to 150.0 million and to make certain non-substantive amendments, which required the approval from a majority of the outstanding shares of Silver Bull common stock. The voting results were as follows:<\/p>\n\n\n\n\n
\n Proposal<\/strong>\n <\/td>\n\n Votes For<\/strong>\n <\/td>\n\n Votes For as a %
of Outstanding
Shares<\/strong>
\n \n <\/td>\n		\n Votes
Against<\/strong>\n <\/td>\n		\n Votes Against
<\/strong>
\n as a % of
Outstanding
Shares<\/strong>\n <\/td>\n		\n Votes
Abstain<\/strong>\n <\/td>\n		\n Votes
Abstained as a
% of
Outstanding <\/strong>\n <\/td>\n<\/tr>\n
Increase Authorized
Shares of Common Stock<\/td>\n		16,880,642<\/td>\n50.07%<\/td>\n1,275,301<\/td>\n3.78%<\/td>\n109,604<\/td>\n0.32%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

As a majority of the outstanding shares of Silver Bull common stock was received in favour of the proposal, it was approved.<\/p>\n

President and CEO, Tim Barry stated: \u201cWe would like to thank those shareholders who took the time to vote on this matter, which is vital to the future growth and advancement of the Company. We see great potential for the Company\u2019s Sierra Mojada project, and with the ability to seek equity financing at Silver Bull, we will be focused on continuing its advancement.<\/p>\n

\u201cAdditionally, we look forward to advancing the Beskauga project in Kazakhstan in our new subsidiary, Arras Minerals Corp., for which we recently completed a private placement financing, and are commencing a drill program in the coming months.\u201d<\/p>\n

In addition to the above-noted proposal, the following nominees, as listed in Silver Bull\u2019s proxy statement, were re-elected as directors of the Company:<\/p>\n\n\n\n\n\n\n\n
\n Director<\/strong>\n <\/td>\n\n Votes For<\/strong>\n <\/td>\n\n %<\/strong>\n <\/td>\n\n Withheld Votes<\/strong>\n <\/td>\n\n %<\/strong>\n <\/td>\n<\/tr>\n
Timothy Barry<\/td>\n13,204,076<\/td>\n96.83%<\/td>\n429,612<\/td>\n3.17%<\/td>\n<\/tr>\n
Brian Edgar<\/td>\n13,126,121<\/td>\n97.00%<\/td>\n406,131<\/td>\n3.00%<\/td>\n<\/tr>\n
Daniel Kunz<\/td>\n13,127,731<\/td>\n97.01%<\/td>\n404,521<\/td>\n2.99%<\/td>\n<\/tr>\n
John McClintock<\/td>\n13,192,038<\/td>\n97.49%<\/td>\n340,214<\/td>\n2.51%<\/td>\n<\/tr>\n
\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

Silver Bull is also pleased to announce that the Company\u2019s shareholders have ratified and approved the appointment of Smythe LLP, as the Company\u2019s independent registered public accounting firm, for the fiscal year ending October\u00a031, 2021 (18,080,515 or 98.98% voted \u201cFor\u201d, 66,260 or 0.36% voted \u201cAgainst\u201d and 118,772 or 0.65% abstained from voting).<\/p>\n

Finally, the Company\u2019s shareholders voted to approve, on a non-binding advisory basis, the compensation of the Company\u2019s named executive officers (12,538,304 or 92.65% voted \u201cFor\u201d, 740,928 or 5.47% voted \u201cAgainst\u201d, and 253,020 or 1.86% abstained from voting).<\/p>\n

Full details of the proposals are fully described in the Company\u2019s definitive proxy statement filed on February 23, 2021 available on SEDAR at www.sedar.com<\/a>, and on EDGAR at www.sec.gov<\/a>.<\/p>\n

\n
\n About Silver Bull<\/u>
\n <\/strong>\n <\/p>\n

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\u2019s subsidiary, Arras Minerals Corp., holds an Option Agreement to acquire the Beskauga Copper-Gold Project, located in North Eastern Kazakhstan.<\/p>\n

On behalf of the Board of Directors
\u201cTim Barry\u201d<\/em><\/p>\n

\n Tim Barry, CPAusIMM<\/strong>
\n
Chief Executive Officer, President and Director<\/p>\n

\n INVESTOR RELATIONS:<\/strong>
\n
+1 604 687 5800
info@silverbullresources.com<\/a><\/p>\n

\n
\n Cautionary note regarding forward looking statements: <\/em>
\n <\/strong>Certain statements in this news release are \u201cforward-looking\u201d within the meaning of applicable securities legislation. Forward-looking statements can generally be identified by the use of forward-looking terminology such as \u201cmay\u201d, \u201cwill\u201d, \u201cexpect\u201d, \u201cintend\u201d, \u201cestimate\u201d, \u201canticipate\u201d, \u201cbelieve\u201d, \u201ccontinue\u201d, \u201cplans\u201d or similar terminology. Forward-looking statements include, but are not limited to, statements relating to the potential for the Company\u2019s Sierra Mojada project, the ability to seek equity financing at Silver Bull, and the future advancement of the Company\u2019s Sierra Mojada and Beskauga projects. 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\u2019s 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 \u201cRisk Factors\u201d in the Annual Report on Form\u00a010-K for the year ended October\u00a031, 2020, which is available on SEDAR at www.sedar.com<\/u><\/a>. Investors are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty therein.<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

VANCOUVER, British Columbia, April 20, 2021 (GLOBE NEWSWIRE) — Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (\u201cSilverBull\u201d or the \u201cCompany\u201d) announces the detailed voting results of the proposals considered at its annual meeting of shareholders held on April 19, 2021 (the \u201cMeeting\u201d). A total of 18,265,547 or 54.17% of the Company\u2019s issued and outstanding shares were represented at the Meeting. Most critically, the Meeting included a proposal for shareholders to approve and adopt amended and restated articles of incorporation of the Company to increase the number of authorized shares of Silver Bull common stock from 37.5 million to 150.0 million and to make certain non-substantive amendments, which required the approval from a majority of the outstanding shares of Silver … <\/p>\n

Continue reading “Silver Bull Announces Voting Results of Annual Meeting of Shareholders”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-478961","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSilver Bull Announces Voting Results of Annual Meeting of Shareholders - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Silver Bull Announces Voting Results of Annual Meeting of Shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, April 20, 2021 (GLOBE NEWSWIRE) — Silver Bull Resources, Inc. (TSX: SVB, OTCQB: SVBL) (\u201cSilverBull\u201d or the \u201cCompany\u201d) announces the detailed voting results of the proposals considered at its annual meeting of shareholders held on April 19, 2021 (the \u201cMeeting\u201d). A total of 18,265,547 or 54.17% of the Company\u2019s issued and outstanding shares were represented at the Meeting. Most critically, the Meeting included a proposal for shareholders to approve and adopt amended and restated articles of incorporation of the Company to increase the number of authorized shares of Silver Bull common stock from 37.5 million to 150.0 million and to make certain non-substantive amendments, which required the approval from a majority of the outstanding shares of Silver … Continue reading "Silver Bull Announces Voting Results of Annual Meeting of Shareholders"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-20T13:18:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIyMDEwOSM0MTI5MjEzIzIwOTE0NDk=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Silver Bull Announces Voting Results of Annual Meeting of Shareholders\",\"datePublished\":\"2021-04-20T13:18:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\\\/\"},\"wordCount\":770,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIyMDEwOSM0MTI5MjEzIzIwOTE0NDk=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/silver-bull-announces-voting-results-of-annual-meeting-of-shareholders\\\/\",\"name\":\"Silver Bull Announces Voting Results of Annual Meeting of Shareholders - 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