UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported):
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April 18, 2019
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SILVER BULL RESOURCES, INC.
(Exact name of registrant as specified in its charter)
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Nevada
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001-33125
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91-1766677
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(State or other jurisdiction of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification Number)
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777 Dunsmuir Street, Suite 1610
Vancouver, B.C.
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V7Y 1K4
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code:
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604-687-5800
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.07 |
Submission of Matters to a Vote of Security Holders.
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Silver Bull Resources, Inc. (the “Company”) held its annual general meeting of shareholders (the “Meeting”) on April 18, 2019. At the Meeting, four proposals were submitted to the shareholders for approval as set forth in the Company’s definitive proxy statement filed with the SEC on February 27, 2019. As of the record date, February 22, 2019, a total of 235,868,214 shares of Silver Bull common stock were outstanding and entitled to vote. In total, 129,904,401 shares of Silver Bull common stock were present in person or represented by proxy at the Meeting, which represented approximately 55.07% of the shares outstanding and entitled to vote as of the record date.
At the Meeting, shareholders approved each of the four proposals that were submitted, electing the slate of four persons to the Company’s Board of Directors, approving and adopting the Company’s 2019 Stock Option and Stock Bonus Plan (the “2019 Plan”), ratifying and approving Smythe LLP, Chartered Professional Accountants, as the Company’s independent registered public accounting firm, and approving, by non-binding advisory vote, the compensation of the Company’s named executive officers. In connection with each of the election of directors, the vote on the 2019 Plan, and the non-binding advisory vote on executive compensation, there were a total of 64,332,611 broker non-votes. The votes on the proposals were cast as set forth below:
1. Proposal No. 1 – Election of Directors. The shareholders elected the entire slate of directors presented to the shareholders. As a result, the Company’s Board of Directors consists of the four persons elected at the Meeting.
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Name
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For
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Withheld
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Timothy T. Barry
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64,117,854
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1,453,936
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Brian D. Edgar
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61,709,754
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3,862,036
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Daniel J. Kunz
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61,641,904
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3,929,886
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John A. McClintock
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61,594,904
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3,976,886
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2. Proposal No. 2 – Approval and adoption, on a on a disinterested basis (i.e., excluding any votes of directors and executive officers of the Company), of the 2019 Plan.
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For
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Against
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Abstain
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53,811,808
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4,362,963
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902,809
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3. Proposal No. 3 – Ratification and approval of the appointment of Smythe LLP, Chartered Professional Accountants, as the Company’s independent registered public accounting firm for the fiscal year ending October 31, 2019.
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For
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Against
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Abstain
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125,495,838
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2,433,884
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1,974,679
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4. Proposal No. 4 – Approval, on a non-binding advisory basis, of the compensation of the Company’s named executive officers.
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For
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Against
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Abstain
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61,248,610
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2,953,469
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1,369,711
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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SILVER BULL RESOURCES, INC.
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Date: April 19, 2019
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By:
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/s/ Sean Fallis
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Name:
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Sean Fallis
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Title:
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Chief Financial Officer
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