Filing Details

Accession Number:
0001140361-16-068805
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-06-06 17:51:06
Reporting Period:
2016-06-03
Filing Date:
2016-06-06
Accepted Time:
2016-06-06 17:51:06
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1031093 Silver Bull Resources Inc. SVBL Metal Mining (1000) 911766677
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1487940 D. Brian Edgar C/O Silver Bull Resources, Inc.
925 West Georgia Street, Suite 1908
Vancouver A1 V6C 3L2
Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2016-06-03 192,810 $0.00 292,810 No 4 P Indirect By Tortuga Investments Corp.
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect By Tortuga Investments Corp.
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Warrants (Right to Buy) Acquisiton 2016-06-03 192,810 $0.00 192,810 $0.12
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
192,810 2016-06-03 No 4 P Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 664,962 Indirect By 0893306 B.C. Ltd.
Common Stock 5,650,815 Direct
Footnotes
  1. The reported securities are included within 192,810 SVBL units (the "Units") purchased by the reporting person for C$0.13 per Unit. Each Unit consists of one share of SVBL common stock and one warrant to purchase one share of SVBL common stock.
  2. Represents SVBL common stock purchased and held by Tortuga Investments Corp., a private company wholly owned by the reporting person.
  3. The reporting person disclaims beneficial ownership of these securities, which are held by 0893306 B.C. Ltd., a private company wholly owned by the reporting person's spouse, except to the extent of his pecuniary interest therein for purposes of Section 16 or for any other purpose.
  4. Warrants were priced in Canadian dollars at C$0.16. Exercise price shown is in US$ and was converted based on the foreign currency exchange rate as of June 6, 2016 (C$1.00=US$0.77266).
  5. Each warrant entitles the reporting person to acquire one share of SVBL common stock until June 5, 2017, but if the closing price of the shares of SVBL common stock on the OTCQB Venture Marketplace is US$0.18 or higher for five consecutive trading days, then the warrants will expire 30 trading days from such fifth consecutive day.