Silver Bull Resources enters new CEO & exec consulting agreements; amends retention plan

SILVER BULL RESOURCES, INC.

CEO Timothy Barry gets annual fee of CDN$60,000, bonus target up to 50% of fee, and eligibility for retention plan.
President Darren Klinck receives same annual fee plus potential retention bonuses up to CDN$2M based on market cap milestones (CDN$250M/500M/1B).
CFO Christopher Richards amended employment: base salary CDN$240,000 (Silver Bull pays CDN$60k, Arras Minerals pays rest); bonus up to 50% of company portion.
Management Retention Bonus Plan amended: trigger changed from successful takeover bid to change of control; share issuance pricing adjusted to 5-day VWAP.

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