Silver Bull appoints Darren Klinck as President; consulting deal includes market-cap-linked retention bonuses

SILVER BULL RESOURCES, INC.

Darren Klinck named President effective Oct 1, 2021, replacing Timothy Barry; Barry remains CEO.
Consulting agreement with Westcott Management Ltd. (Klinck's corp) provides C$50,000 annual fee.
Retention bonuses of up to C$2M total if market cap reaches C$250M, C$500M, C$1B by Apr 15, 2027.
Klinck previously President/CEO of Bluestone Resources (2017–2021) and held roles at OceanaGold.
Agreement includes 6-month post-termination non-compete and non-solicitation covenants.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Timothy Barry

President

SVBL · SILVER BULL RESOURCES, INC.

Effective: 2021-10-01
Successor: Darren Klinck
Filed: October 5, 2021, 7:59 PM ET

Darren Klinck was appointed by the board of directors of Silver Bull Resources, Inc. (the “Company”) as its President, effective as of October 1, 2021, replacing Timothy Barry in such role on that date.

Appointed

Darren Klinck

President

SVBL · SILVER BULL RESOURCES, INC.

Effective: 2021-10-01
Filed: October 5, 2021, 7:59 PM ET

Darren Klinck was appointed by the board of directors of Silver Bull Resources, Inc. (the “Company”) as its President, effective as of October 1, 2021, replacing Timothy Barry in such role on that date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy Barry changed role as President at SILVER BULL RESOURCES, INC..

Action: replaced
Role: President

Exact text from the filing

Darren Klinck was appointed by the board of directors of Silver Bull Resources, Inc. (the “Company”) as its President, effective as of October 1, 2021, replacing Timothy Barry in such role on that date.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Darren Klinck was appointed as President at SILVER BULL RESOURCES, INC..

Action: appointed
Role: President

Exact text from the filing

Darren Klinck was appointed by the board of directors of Silver Bull Resources, Inc. (the “Company”) as its President, effective as of October 1, 2021, replacing Timothy Barry in such role on that date.

View on SEC.gov

SILVER BULL RESOURCES, INC. filing history →

Source: SEC EDGAR

accession 0001079973-21-001007

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