---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-21-001007"
form_type: "8-K"
ticker: "SVBL"
cik: "0001031093"
company_name: "SILVER BULL RESOURCES, INC."
filed_at: "2021-10-05T23:59:59+00:00"
generated_at: "2026-06-28T22:48:42.987201+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001079973-21-001007
- form_type: 8-K
- ticker: SVBL
- cik: 0001031093
- company_name: SILVER BULL RESOURCES, INC.
- filed_at: 2021-10-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031093/000107997321001007/0001079973-21-001007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031093/000107997321001007/svbl_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-21-001007
- JSON: https://secwatch.observer/filing/0001079973-21-001007.json
- Plain text: https://secwatch.observer/filing/0001079973-21-001007.txt

## Key facts
- Executive change
  Timothy Barry changed role as President at SILVER BULL RESOURCES, INC..
  - Action: replaced
  - Role: President
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031093/000107997321001007/0001079973-21-001007-index.htm
- Executive change
  Darren Klinck was appointed as President at SILVER BULL RESOURCES, INC..
  - Action: appointed
  - Role: President
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031093/000107997321001007/0001079973-21-001007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.