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 17, 2025. A total of 13,269,249 shares, or 28 per cent of the company's issued and outstanding shares, were represented at the meeting.

The nominees listed in Silver Bull's proxy statement were re-elected as directors of the company (see an attached table).

Silver Bull 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, 2025 (12,746,226 (or 96.4 per cent) voted for, 478,088 (or 3.6 per cent) voted against, and 44,935 abstained from voting).

The company's shareholders also voted to approve the unallocated entitlements under the company's 2019 stock option and stock bonus plan (6,403,581 (or 93.1 per cent) voted for, 475,930 (or 6.9 per cent) voted against, and 160,879 abstained from voting).

Full details of the proposals are fully described in the company's definitive proxy statement filed on Feb. 27, 2025, available on SEDAR+ and on EDGAR.