Silver Bull Resources, INC.: insider trades · United States · SEC (Form 4)

About Silver Bull Resources, INC.

Silver Bull Resources, Inc. is a North American mineral exploration company registered in the United States, with shares quoted on the OTCQB under the ticker SVBL; historically, the stock was also listed on the NYSE MKT before moving back to OTCQB trading. For investors in French-speaking Europe, this is best understood as a highly speculative junior mining name rather than a producing miner. The company is incorporated in Nevada, has its principal office in Vancouver, British Columbia, Canada, and its economic exposure is tied primarily to Mexico through its flagship Sierra Mojada project in Coahuila. Silver Bull was formed on August 20, 1993, and filed its Form 10SB with the SEC in 1999, establishing a long reporting history under U.S. securities regulations. The core business has been the exploration and attempted development of Sierra Mojada, a land package in a historic silver-lead-zinc district discovered in 1879. The project contains a NI 43-101-compliant global resource of silver and zinc oxide mineralization, including higher-grade silver and zinc zones, and the company has also identified sulphide mineralization that it believes could be metallurgically more attractive. However, Silver Bull is not a diversified operating miner with multiple producing assets, processing plants, or a broad product portfolio; its value proposition is concentrated in a single project and the optionality embedded in that asset. In competitive terms, the company sits in the junior exploration segment, where success depends on geology, permitting, access to site, financing, legal outcomes, and eventual transaction or development milestones. A key recent development is the ICSID arbitration against Mexico, launched under the USMCA framework after the illegal blockade of the Sierra Mojada property prevented access to the project. The company’s 2026 proxy materials describe this arbitration as the central focus of the business. That is an important analytical point for investors: Silver Bull today is less a conventional exploration story and more a litigation-and-asset-recovery case backed by a mineral project. Recent public filings also show ongoing governance activity, including the April 2026 annual meeting and board re-election matters. Overall, Silver Bull should be viewed as a micro-cap minerals company with a single-asset profile, meaningful geopolitical and legal risk, and upside primarily linked to the outcome of the arbitration and any future reactivation of Sierra Mojada.