Silver Bull terminates Sierra Mojada option with South32; receives $518K cash

SILVER BULL RESOURCES, INC.

Option Agreement with South32 subsidiary terminated effective Aug 31, 2022.
South32 pays Silver Bull $518,000 in cash as reimbursement for project costs.
Sierra Mojada project in Coahuila, Mexico has been under illegal blockade since Sept 2019.
CEO Tim Barry cites inability to access site despite attempts at resolution.
Silver Bull will pursue other opportunities outside Mexico.

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