SILVER BULL RESOURCES, INC.

Secured up to $9.5 million in litigation funding from Bench Walk 23P, L.P. to pursue an ICSID/NAFTA arbitration claim against Mexico over the Sierra Mojada blockade, giving up a share of any award (up to 3.5x Bench Walk's outlay, or 1x plus 30% of proceeds) in exchange for the funding and legal-cost coverage.

material agreement

South32 terminated its option agreement on Sierra Mojada after roughly three years under force majeure from the local blockade, paying Silver Bull $518,000 and mutually releasing all claims - ending the company's largest-ever partnership and funding source for the project.

material agreement termination

Spun off Arras Minerals Corp - which holds an option (via a 2020 agreement with Copperbelt AG and Dostyk LLP) on the Beskauga copper-gold project in Kazakhstan - distributing about 34.3 million Arras shares to Silver Bull shareholders one-for-one, unlocking a separate growth vehicle outside the stalled Sierra Mojada project.

material agreement

Arras Minerals Corp, the Silver Bull subsidiary formed to hold the Beskauga option, raised C$2.52 million in its own private placement (including C$207,500 from Silver Bull/Arras insiders) months before Silver Bull spun Arras off to its shareholders in August/September 2021.

capital raising announcement

Silver Bull raised $1.7 million in a private placement (3.62 million units at $0.47) with heavy insider participation (directors, the CFO, and the chairman's affiliate bought $390,100 of it), helping fund the exploration spending required to keep the new Beskauga option alive.

capital raising announcement

Silver Bull optioned 100% of the Beskauga copper-gold property in Kazakhstan from Copperbelt AG and its subsidiary Dostyk LLP, paying $30,000 upfront with staged exploration-spending commitments up to $15 million over four years to keep the option alive - the real origin of what became the Arras Minerals spinoff a year later.

capital raising announcement

Declared force majeure on the South32 option agreement after a cooperative of local miners (Mineros Norteños) blockaded the Sierra Mojada site, halting all work; Mineros Norteños holds a capped 2% production royalty on part of the deposit and has separately been suing the company since 2014 over that royalty.

joint venture update

Released an updated Sierra Mojada resource estimate (superseding the 2015 report): about 70.4 million tonnes at 38.6 g/t silver and 3.4% zinc in an optimized pit, based on over 1,300 drill holes and 9,000+ channel samples.

resource reserve update

Silver Bull raised $2.83 million in a private placement (21.78 million units at $0.13) around the same time it was finalizing its major South32 option deal, with a Sprott-managed fund taking 8.1 million units - more than a third of the raise.

capital raising announcement

Signed a major option agreement with global miner South32: South32 can earn up to 70% of the Sierra Mojada project by funding at least $10 million of exploration over four years, and up to $100 million to fully exercise the option - by far the largest partner and funding commitment in the project's history.

material agreement

Released an updated NI 43-101 technical report on Sierra Mojada drawing on over 1,300 drill holes and 9,000+ channel samples: about 56.8 million tonnes at 50 g/t silver and 3.4% zinc in an optimized pit, plus a smaller higher-grade underground zone at 9.4% zinc.

resource reserve update

SILVER BULL RESOURCES, INC.'s securities were notified for removal from listing and registration on its exchange.

listing compliance notice

Launched a $9.1 million public offering of units (shares plus warrants) through PI Financial, Stifel Nicolaus Canada, and Roth Capital Partners to fund further Sierra Mojada work.

material agreement

Raised $7.5 million by selling 15.05 million shares at $0.50 in a registered direct offering, earmarked mainly for drilling and metallurgical work at Sierra Mojada.

material agreement

Now renamed Silver Bull Resources, the company released an NI 43-101 technical report on the Shallow Silver Zone at Sierra Mojada: about 28.6 million tonnes at 50.4 g/t silver in a potential open pit, plus higher-grade underground mineralized material at 110.9 g/t silver.

resource reserve update

Metalline Mining's stock began trading on the Toronto Stock Exchange (as "MMZ", alongside its existing NYSE Amex listing as "MMG"), a step toward the dual US/Canadian listing the post-Dome-merger company was pursuing, alongside a small $120,000 private placement.

capital raising announcement

Completed the merger with Dome Ventures Corporation, whose mineral properties are in Gabon, Africa: Dome shareholders received about $60.1 million worth of Metalline stock, the board expanded to seven members, and Dome's CEO Brian Edgar became Metalline's Executive Chairman.

asset acquisition disposition

Filed a joint prospectus/proxy statement for the Dome merger that included a new NI 43-101 inferred resource estimate for Sierra Mojada, prepared to meet Canadian disclosure standards ahead of the combined company's planned dual US/Canadian listing.

resource reserve update

Filed the Form S-4 registration statement covering the shares to be issued to Dome Ventures' shareholders in the merger, along with the joint proxy statement/prospectus needed for both companies' shareholder votes.

business combination

Metalline closed a $2.99 million private placement (6.5 million units at $0.46) - satisfying the exact funding condition its December 4, 2009 merger agreement with Dome Ventures required it to meet before the deal could close.

capital raising announcement

Agreed to merge with Dome Ventures Corporation, a company with mineral properties in Gabon, Africa, issuing about 47.7 million shares to Dome's shareholders; the deal is contingent on Metalline raising $2.99 million and Dome raising $13.01 million by early 2010 - a lifeline transaction as the company faced a possible AMEX delisting.

material agreement

NYSE Amex warned the company it no longer met minimum continued-listing standards due to inadequate stockholders' equity and sustained losses, giving it until June 2009 to submit a compliance plan or face delisting.

listing compliance notice

A new resource model more than doubled the estimated zinc content at the Sierra Mojada project, prompting the company to shelve its underground mine plan and evaluate a much larger open-pit operation - potentially 5x the production rate - that could also capture silver by-product credits.

resource reserve update

Adopted a shareholder rights plan ('poison pill'): one purchase right per share that triggers if any person or group acquires 20% or more of the company without board approval, a standard anti-takeover defense set to run through 2017 if shareholders approve it.

security holder rights change

the American Stock Exchange certified SILVER BULL RESOURCES, INC.'s securities for listing, clearing them to begin trading.

listing compliance notice

Metalline Mining closed an $11.2 million private placement (13.95 million shares at $0.80 plus five-year warrants at $1.25) with 148 accredited investors, an offering that had been open since March 2005.

capital raising announcement