Mr. Tim Barry reports

SILVER BULL ANNOUNCES VOTING RESULTS OF ANNUAL MEETING OF SHAREHOLDERS

Silver Bull Resources Inc. has released the detailed voting results of the proposals considered at its annual meeting of shareholders held on April 20, 2023. A total of 12,669,434 shares, or 36.14 per cent of the company's issued and outstanding shares, were represented at the meeting.

The nominees, as listed in Silver Bull's proxy statement, were re-elected as directors of the company.

Silver Bull's shareholders have ratified and approved the appointment of Smythe LLP as the company's independent registered public accounting firm for the fiscal year ending Oct. 31, 2023 (12,597,725 shares, or 99.4 per cent, voted for; 62,217 shares, or 0.5 per cent voted against; and 9,492 shares, or 0.1 per cent, abstained from voting).

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 shares, or 94.0 per cent, voted for; 352,052 shares, or 4.2 per cent, voted against; and 157,394 shares, or 1.8 per cent, abstained from voting).

Full details of the proposals are fully described in the company's definitive proxy statement filed on Feb. 28, 2023, available on SEDAR and on EDGAR.

We seek Safe Harbor.