Silver Bull announces Sept 24 distribution of Arras Minerals shares; one Arras per SVBL share

SILVER BULL RESOURCES, INC.

Record date Sept 10, 2021; Distribution date Sept 24, 2021; each SVBL share gets one Arras share.
Shareholders to own ~84% of Arras post-distribution; Silver Bull retains ~4%; April placement holders ~12%.
TSX to implement due-bill trading Sept 9-24; ex-distribution trading starts Sept 27.
Arras shares initially unlisted and may be illiquid; Silver Bull to focus on Mexico's Sierra Mojada, Arras on Kazakhstan's Beskauga.
Distribution treated as taxable dividend for U.S. and Canadian holders; non-U.S. holders subject to 30% withholding.

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