Brian D. Edgar - 30 Oct 2023 Form 4 Insider Report for SILVER BULL RESOURCES, INC. (SVBL)

Role: Chairman, Director
Signature: /s/ Brian D. Edgar
Issuer symbol: SVBL
Transactions as of: 30 Oct 2023
Net transactions value: $0
Form type: 4
Filing time: 31 Oct 2023, 16:31:28 UTC
Previous filing: 22 Feb 2022
Next filing: 30 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SVBL	Common Stock	Purchase		+600,000	+240%		849,602	30 Oct 2023	By Tortuga Investments Corp.	F1
holding	SVBL	Common Stock						425,000	30 Oct 2023	By 0893306 B.C. Ltd.	F2
holding	SVBL	Common Stock						845,102	30 Oct 2023	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SVBL	Warrants (Right to Buy)	Purchase		+300,000			300,000	30 Oct 2023	Common Stock	300,000	$0.0940	By Tortuga Investments Corp.	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported securities are included within 600,000 SVBL units (the "Units") purchased by Tortuga Investments Corp., a private company wholly owned by the reporting person, for CDN$0.11 per Unit. Each Unit consists of one share of SVBL common stock and one half of one common share purchase warrant.
F2	The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F3	Warrants were priced in CDN$ at CDN$0.13. Exercise price shown is in USD$ and was converted based on the foreign currency exchange rate as of October 30, 2023 (CDN$1.00=US$0.7229).