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SVBL Silver Bull Resources Inc (QB)

0.11
-0.0025 (-2.22%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Silver Bull Resources Inc (QB) USOTC:SVBL OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.0025 -2.22% 0.11 0.10 0.1239 0.1103 0.11 0.1103 11,250 21:00:00

Statement of Changes in Beneficial Ownership (4)

10/11/2020 9:38pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Barry Timothy T.
2. Issuer Name and Ticker or Trading Symbol

SILVER BULL RESOURCES, INC. [ SVBL ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

C/O SILVER BULL RESOURCES, INC., 777 DUNSMUIR STREET, SUITE 1610
3. Date of Earliest Transaction (MM/DD/YYYY)

11/9/2020
(Street)

VANCOUVER BC, A1 V7Y1K4
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/9/2020  P  319000 A (1)319000 I By spouse 
Common Stock         127875 (2)D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Warrants (Right to Buy) $0.59 11/9/2020  P   159500    11/9/2020 11/9/2025 Common Stock 159500  (1)159500 I By spouse 

Explanation of Responses:
(1) The reported securities are included within 319,000 SVBL Units purchased by the reporting person's spouse for $0.47 per Unit. Each Unit consists of one share of SVBL common stock and one half of one common share purchase warrant. 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.
(2) On September 18, 2020, Silver Bull Resources, Inc. completed a one-for-eight reverse stock split of the shares of SVBL common stock, resulting in the ownership of 895,125 fewer shares of SVBL common stock held directly by the reporting person.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Barry Timothy T.
C/O SILVER BULL RESOURCES, INC.
777 DUNSMUIR STREET, SUITE 1610
VANCOUVER BC, A1 V7Y1K4
X
President and CEO

Signatures
/s/ Timothy T. Barry11/10/2020
**Signature of Reporting PersonDate

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