Silver Bull Announces Private Placement of CDN$1,700,000, with Commitments of CDN$1,330,000 Including CDN$200,000 from Sprott

http://www.silverbullresources.com/s/news.asp?ReportID=793668

VANCOUVER, BC – (June 23, 2017) – Silver Bull Resources, Inc. (TSX: SVB; OTCQB: SVBL) (“Silver Bull” or the “Company“) is pleased to announce its intention to complete a private placement (the “Private Placement“) of up to 21,398,550 units (the “Units“) of the Company at a price of CDN$0.08 per Unit. Each Unit will consist of one common share in the capital of the Company (a “Common Share“) and one Common Share purchase warrant (a “Warrant“). Each Warrant entitles the holder to acquire one Common Share at a price of CDN$0.13 until the second anniversary of closing of the Private Placement.

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