Silver Bull of Delphi

Silver Bull Announces Execution of Key Persons Retention Agreement

Retrieved on: 
Saturday, October 14, 2023
OTCQB, MRA, TSX, Silver Bull of Delphi, Toronto Stock Exchange, MI, NAFTA, Exchange, Multilateral, Silver, Minority, News, CFO, SVB, Security (finance)

Each participant must satisfy specific Claim related duties and if they do so, each participant may be entitled to a pre-defined percentage of the proceeds received by the MRA.

Key Points: 
  • Each participant must satisfy specific Claim related duties and if they do so, each participant may be entitled to a pre-defined percentage of the proceeds received by the MRA.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.
  • Any forward-looking statements reflect Silver Bull's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance.
  • There is no guarantee that the Company will be successful in obtaining TSX or shareholder approval in respect of the MRA.

Silver Bull Secures US$9.5M Litigation Funding to Pursue Damages Claim Against the Mexican Government

Retrieved on: 
Wednesday, September 6, 2023
International Centre for Settlement of Investment Disputes, Zinc, Resource, Miner, Natural Resources, SVB, Investment, Sierra Mojada, News, North American Free Trade Agreement, BSF, King's Bench Walk, London, OTCQB, NAFTA, Government, Silver, SEDAR, TSX, Silver Bull of Delphi, LLP, Reko Diq, Disclosure, Convention, LFA, Definition, US, Nationalization, International law, Nationals, Regulation, Mineral Resources Limited, ICSID, World Bank, Metallurgy, Settlement, Mining, Silver mining, Insurance, Cryptocurrency, Agreement, Indication (medicine)

Litigation Funding Agreement (“LFA”) signed with Bench Walk Advisors LLC (“Bench Walk”) to pursue international arbitration claims against Mexico for breaches of its obligations under NAFTA.

Key Points: 
  • Litigation Funding Agreement (“LFA”) signed with Bench Walk Advisors LLC (“Bench Walk”) to pursue international arbitration claims against Mexico for breaches of its obligations under NAFTA.
  • “The substantial litigation funding secured under the LFA is a testament to the strength of Silver Bull’s claims.
  • The US$9.5 million funding facility is non-dilutive to Silver Bull shareholders and will cover the full legal budget of the claim, expert, and ancillary costs, as well as Silver Bull’s operating expenses.
  • Silver Bull held a meeting with Mexican government officials in Mexico City on May 30, 2023, in an attempt to explore amicable settlement options and avoid arbitration.

Silver Bull Announces Filing of Request for Arbitration with International Centre for Settlement of Investment Disputes

Retrieved on: 
Thursday, June 29, 2023
Agreement, International Centre for Settlement of Investment Disputes, LLP, ICSID, Arbitration, OTCQB, Convention, NAFTA, Silver, Natural Resources, Settlement, SVB, Investment, Nationalization, Mining, SEDAR, Nationals, TSX, North American Free Trade Agreement, International law, Silver Bull of Delphi, Security (finance)

The Arbitration arises from Mexico’s unlawful expropriation and other unlawful treatment of Silver Bull and its investments resulting from the illegal blockade of Silver Bull’s Sierra Mojada project.

Key Points: 
  • The Arbitration arises from Mexico’s unlawful expropriation and other unlawful treatment of Silver Bull and its investments resulting from the illegal blockade of Silver Bull’s Sierra Mojada project.
  • The arbitration has been initiated under the Convention on the Settlement of Investment Disputes between States and Nationals of Other States process, which falls under the auspices of the World Bank’s International Centre for Settlement of Investment Disputes (ICSID), to which Mexico is a signatory.
  • Silver Bull held a meeting with Mexican government officials in Mexico City on May 30, 2023, in an attempt to explore amicable settlement options and avoid arbitration.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.

Silver Bull Provides Update on Its US$178 Million Legacy NAFTA Claim Against Mexico

Retrieved on: 
Tuesday, June 6, 2023
Notice of Intent to Lien, NAFTA, Silver, Mining, SEDAR, Silver Bull of Delphi, Ridesharing

On March 2, 2023, the Company served a Notice of Intent with Mexico to initiate a legacy NAFTA claim, seeking damages resulting from the unlawful blockade of its project.

Key Points: 
  • On March 2, 2023, the Company served a Notice of Intent with Mexico to initiate a legacy NAFTA claim, seeking damages resulting from the unlawful blockade of its project.
  • In conformity with NAFTA’s dispute resolution provisions, Mexico extended an invitation for Company representatives to a meeting held in Mexico City on May 30, 2023.
  • The claim filed by Silver Bull will be for not less than US$178 million dollars.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.

Silver Bull Provides Update on Legacy NAFTA Claim Against Mexico and Management Changes

Retrieved on: 
Tuesday, April 25, 2023
International Centre for Settlement of Investment Disputes, Notice of Intent to Lien, ICSID, Metallurgy, Azerbaijan International Mineral Resources Operating Company, North American Free Trade Agreement, Resource, Arbitration, OTCQB, International Centre, NAFTA, Settlement, SVB, Annual report, Sierra Mojada, Annex, Frustration, TSX, United, Federal government of Mexico, News, Silver Bull of Delphi, Silver

VANCOUVER, British Columbia, April 25, 2023 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (OTCQB: SVBL, TSX: SVB) (“Silver Bull” or the “Company”) is providing an update regarding its legacy North American Free Trade Agreement (NAFTA) claim against Mexico.

Key Points: 
  • VANCOUVER, British Columbia, April 25, 2023 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (OTCQB: SVBL, TSX: SVB) (“Silver Bull” or the “Company”) is providing an update regarding its legacy North American Free Trade Agreement (NAFTA) claim against Mexico.
  • Silver Bull has been unable to access the project since the illegal blockade commenced in September 2019.
  • Silver Bull will be seeking to recover no less than US$178 million in damages that it has suffered as a result of Mexico’s breach of its NAFTA obligations.
  • These statements are based on current expectations, estimates, forecasts, and projections about Silver Bull’s and Arras’s exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bull’s management.

Silver Bull Announces Voting Results of Annual Meeting of Shareholders

Retrieved on: 
Monday, April 24, 2023
Smythe, Metallurgy, Bull, Minerals Resource Rent Tax, Resource, EDGAR, Annual report, Sierra Mojada, SEDAR, News, Silver Bull of Delphi, Holding company, Audit, Silver

The Company’s shareholders also voted to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers (7,931,514 or 94.0% voted “For”, 352,052 or 4.2% voted “Against”, and 157,394 or 1.8% abstained from voting).

Key Points: 
  • The Company’s shareholders also voted to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers (7,931,514 or 94.0% voted “For”, 352,052 or 4.2% voted “Against”, and 157,394 or 1.8% abstained from voting).
  • Cautionary note regarding forward looking statements: This news release contains forward-looking statements regarding future events and Silver Bull’s and Arras’s future results that are subject to the safe harbors created under the U.S.
  • Forward-looking statements include, among others, statements regarding the Mineral Resource estimates for the Sierra Mojada projects and the development of the project.
  • These statements are based on current expectations, estimates, forecasts, and projections about Silver Bull’s and Arras’s exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bull’s management.

Silver Bull Announces Board Changes

Retrieved on: 
Tuesday, March 14, 2023
Annual general meeting, Mining, OTCQB, TSX, Audit committee, SVB, Silver, Silver Bull of Delphi, Management

VANCOUVER, British Columbia, March 13, 2023 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (OTCQB: SVBL, TSX: SVB) (“Silver Bull”) wishes to announce changes to its Board of Directors.

Key Points: 
  • VANCOUVER, British Columbia, March 13, 2023 (GLOBE NEWSWIRE) -- Silver Bull Resources, Inc. (OTCQB: SVBL, TSX: SVB) (“Silver Bull”) wishes to announce changes to its Board of Directors.
  • Effective March 2, 2023, Daniel Kunz has resigned from the Board of Directors, as he was not standing for re-election at the Company’s upcoming Annual General Meeting.
  • Brian Edgar, Chairman of Silver Bull commented, “We’d like to thank Dan for his insight and many contributions over the past 12 years and wish him well in the future.
  • Bill has been a supporter of Silver Bull for many years, and we look forward to having his expertise and contributions on the Silver Bull Board going forward.”

Silver Bull Announces Commencement of Legacy NAFTA Claim Against Mexico

Retrieved on: 
Thursday, March 2, 2023
NAFTA, North American Free Trade Agreement, Annex, Sierra Mojada, TSX, United, OTCQB, SVB, SEDAR, Notice of Intent to Revoke, Silver, Silver Bull of Delphi, Risk management

Silver Bull has been unable to access the project since the illegal blockade commenced in September 2019.

Key Points: 
  • Silver Bull has been unable to access the project since the illegal blockade commenced in September 2019.
  • Despite numerous demands and requests for action by the company, Mexican governmental agencies have allowed this unlawful behaviour to continue and, as such, failed to protect Silver Bull’s investment.
  • Silver Bull will be seeking to recover no less than US$178 million in damages that it has suffered as a result of Mexico’s breach of its NAFTA obligations.
  • Any forward-looking statements in this document are intended to provide Silver Bull security holders and potential investors with information regarding Silver Bull, including management's assessment of Silver Bull’s future plans and financial outlook.

Silver Bull Announces Termination of Option Agreement With South32 at Sierra Mojada

Retrieved on: 
Thursday, September 1, 2022
Mineral resource estimation, Securities Exchange Act of 1934, Securities Act of 1933, National instrument, Metallurgy, Regulation, Definition, Disclosure, Ministry of Oil and Mineral Reserves (Syria), Silver Bull of Delphi, SEC, Resource management, U.S. Securities and Exchange Commission, National Instrument 43-101, Sierra Mojada, Company, News, Annual report, Private Securities Litigation Reform Act, Industry, Forward-looking statement, Cryptocurrency, Silver

The Company will be required to comply with these new rules in its disclosures for the fiscal year ending October31, 2022, and thereafter.

Key Points: 
  • The Company will be required to comply with these new rules in its disclosures for the fiscal year ending October31, 2022, and thereafter.
  • While the terms are substantially similar to the same terms defined under S-K 1300, there are differences in the definitions.
  • Forward-looking statements include, among others, statements regarding the Companys assessment of the situation at Sierra Mojada and other opportunities outside of Mexico, the Mineral Resource estimates for the Sierra Mojada project and the development of the project.
  • These statements are based on current expectations, estimates, forecasts, and projections about Silver Bulls and Arrass exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bulls management.

Silver Bull Announces Voting Results of Annual Meeting of Shareholders

Retrieved on: 
Thursday, April 28, 2022
Mineral resource estimation, National Instrument 43-101, Securities Exchange Act of 1934, Forward-looking statement, Securities Act of 1933, Silver Bull of Delphi, Private Securities Litigation Reform Act, Sierra Mojada, Annual report, News, NI, Resource management, Metallurgy, National instrument, Inference, Industry, SEC, Cryptocurrency, Security (finance), Silver

The estimation of measured, indicated and inferred resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves.

Key Points: 
  • The estimation of measured, indicated and inferred resources involves greater uncertainty as to their existence and economic feasibility than the estimation of proven and probable reserves.
  • U.S. investors are cautioned not to assume that measured and indicated mineral resources will be converted into reserves.
  • Under Canadian securities laws, estimates of inferred mineral resources may not form the basis of feasibility or other economic studies.
  • These statements are based on current expectations, estimates, forecasts, and projections about Silver Bulls and Arrass exploration projects, the industry in which Silver Bull operates and the beliefs and assumptions of Silver Bulls management.