---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-22-000188"
form_type: "8-K"
ticker: "SVBL"
cik: "0001031093"
company_name: "SILVER BULL RESOURCES, INC."
filed_at: "2022-02-23T23:59:59+00:00"
generated_at: "2026-06-27T05:14:45.294867+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001079973-22-000188
- form_type: 8-K
- ticker: SVBL
- cik: 0001031093
- company_name: SILVER BULL RESOURCES, INC.
- filed_at: 2022-02-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031093/000107997322000188/0001079973-22-000188-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031093/000107997322000188/svbl_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-22-000188
- JSON: https://secwatch.observer/filing/0001079973-22-000188.json
- Plain text: https://secwatch.observer/filing/0001079973-22-000188.txt

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