VANCOUVER, British Columbia, April 20, 2018 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (TSX:SVB) (SVBL, Financial) (“Silver Bull” or the ”Company”) is pleased to announce the detailed voting results on the items of business considered at its Annual General Meeting of Shareholders held on April 19, 2018 (the “Meeting”). A total of 97,611,450 or 48.66% of the Company’s issued and outstanding shares were represented at the Meeting. The following nominees, as listed in Silver Bull’s Management Information Circular, were re-elected as directors of the Company.
| Director | Votes For | % | Withheld Votes | % | ||
| Timothy Barry | 45,785,204 | 96.24% | 1,790,459 | 3.76% | ||
| Brian Edgar | 46,277,904 | 97.27% | 1,297,759 | 2.73% | ||
| Daniel Kunz | 46,233,954 | 97.18% | 1,341,709 | 2.82% | ||
| John McClintock | 46,235,954 | 97.18% | 1,339,709 | 2.82% | ||
Silver Bull is pleased to announce that the Shareholders have ratified and approved the appointment of Smythe LLP, as auditors of the Company (91,342,467 or 93.58% voted “For”, 2,251,299 or 2.31% voted “Against” and 4,017,684 or 4.11% abstained from voting) until the next annual meeting of shareholders or until their successor is appointed, at a remuneration to be fixed by the Company’s directors.
The Shareholders voted to approve, on a non-binding advisory basis, the Company’s executive compensation package (44,009,961 or 92.51% voted “For”, 3,016,841 or 6.34% voted “Against”, and 548,861 or 1.15% abstained from voting).
Full details of all proposals are fully described in the Company’s Management Information Circular available on SEDAR at www.sedar.com, and on EDGAR at www.sec.gov.
About Silver Bull: Silver Bull is a mineral exploration company 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. The “Sierra Mojada” project is located 150 kilometers north of the city of Torreon in Coahuila, Mexico, and is highly prospective for silver and zinc.
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]
