---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-23-000343"
form_type: "8-K"
ticker: "SVBL"
cik: "0001031093"
company_name: "SILVER BULL RESOURCES, INC."
filed_at: "2023-03-14T23:59:59+00:00"
generated_at: "2026-06-18T02:47:30.901340+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Silver Bull Resources board change: Kunz resigns, Matlack appointed

## Summary
- Daniel Kunz resigned from board; not standing for re-election at April 20, 2023 AGM.
- William Matlack appointed director effective March 2, 2023; 20+ yrs mining, former interim CEO of Klondex Mines.
- Matlack granted 150,000 options at C$0.195, 5-year term, vesting 1/3 on grant, 1/3 in 2024, 1/3 in 2025.
- No family relationships or transactions between Matlack and company requiring disclosure.

## SEC filing metadata
- accession: 0001079973-23-000343
- form_type: 8-K
- ticker: SVBL
- cik: 0001031093
- company_name: SILVER BULL RESOURCES, INC.
- filed_at: 2023-03-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1031093/000107997323000343/0001079973-23-000343-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1031093/000107997323000343/svbl_8k-031423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-23-000343
- JSON: https://secwatch.observer/filing/0001079973-23-000343.json
- Plain text: https://secwatch.observer/filing/0001079973-23-000343.txt

## Key facts
- Executive change
  Daniel Kunz resigned as Director at SILVER BULL RESOURCES, INC..
  - Action: resigned
  - Role: Director
  source text: On March 2, 2023, Mr. Daniel Kunz resigned from and Mr. William Matlack was appointed to the board of directors (the “Board”) of Silver Bull Resources, Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031093/000107997323000343/0001079973-23-000343-index.htm
- Executive change
  William Matlack was appointed as Director at SILVER BULL RESOURCES, INC..
  - Action: appointed
  - Role: Director
  source text: On March 2, 2023, Mr. Daniel Kunz resigned from and Mr. William Matlack was appointed to the board of directors (the “Board”) of Silver Bull Resources, Inc. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1031093/000107997323000343/0001079973-23-000343-index.htm

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