other material
confidence high
sentiment neutral
materiality 0.40
Shareholders approve amendment to 2019 stock plan, increasing share reserve to 10% of outstanding
SILVER BULL RESOURCES, INC.
- Shareholders approved amendment to 2019 Stock Option and Stock Bonus Plan on April 19, 2022.
- Share reserve increased from lower of 750k or 10% outstanding to 10% of outstanding at any time.
- Incentive stock option pool expanded from 2,948,352 to 15,000,000 shares, subject to overall 10% cap.
- All four director nominees elected; all five proposals passed with strong majority support.
- Approximately 44.49% of outstanding shares (15.6M of 35.1M) represented at the meeting.