secwatch.observer — SEC 8-K summary
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Issuer:     SILVER BULL RESOURCES, INC. (SVBL)
CIK:        0001031093
Form:       8-K
Filed at:   2023-10-31T23:59:59+00:00
Accession:  0001079973-23-001507
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Silver Bull Resources closes C$1.285M private placement of 11.685M units at C$0.11/unit
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- Aggregate gross proceeds of C$1,285,350 from sale of 11,685,000 units at C$0.11 per unit.
- Each unit: one common share + one-half warrant (exercisable at C$0.13 for five years).
- Insiders (two directors and entity affiliated with Chairman) purchased 2,100,000 units for C$231,000.
- Finder's fees of C$19,656.30 paid to PI Financial, Research Capital, and Haywood Securities.
- Securities restricted under U.S. laws; no Canadian hold period except for insiders per TSX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1031093/000107997323001507/0001079973-23-001507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1031093/000107997323001507/svbl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-23-001507

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer