Silver Bull Resources Files 2024 Annual Report
Ticker: SVBL · Form: 10-K · Filed: Jan 29, 2025 · CIK: 1031093
| Field | Detail |
|---|---|
| Company | Silver Bull Resources, Inc. (SVBL) |
| Form Type | 10-K |
| Filed Date | Jan 29, 2025 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $0.01, $518,000, $408 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-report, mining, sec-filing
TL;DR
Silver Bull Resources filed its 2024 10-K. All systems go.
AI Summary
Silver Bull Resources, Inc. filed its annual report for the fiscal year ended October 31, 2024. The company, incorporated in Nevada, operates in the Metal Mining sector. Its principal executive offices are located at 777 Dunsmuir Street, Suite 1605, Vancouver, B.C. V7Y 1K4, with a phone number of (604) 687-5800. The company previously operated under the name Metalline Mining Co. before changing its name on October 13, 1999.
Why It Matters
This filing provides stakeholders with a comprehensive overview of Silver Bull Resources' financial performance and operational status for the fiscal year 2024, crucial for investment decisions.
Risk Assessment
Risk Level: low — This filing is a standard annual report and does not contain immediate high-risk indicators.
Key Numbers
- 1031093 — Central Index Key (Unique identifier for the filer)
- 001-33125 — Commission File Number (SEC's file number for the company)
Key Players & Entities
- SILVER BULL RESOURCES, INC. (company) — Registrant
- October 31, 2024 (date) — Fiscal year end
- Nevada (jurisdiction) — State of incorporation
- 777 Dunsmuir Street, Suite 1605 Vancouver, B.C. V7Y 1K4 (address) — Principal executive offices
- METALLINE MINING CO (company) — Former company name
- 19991013 (date) — Date of name change
FAQ
What is the primary business of Silver Bull Resources, Inc.?
Silver Bull Resources, Inc. operates in the Metal Mining sector, as indicated by its Standard Industrial Classification code [1000].
When is the fiscal year end for Silver Bull Resources, Inc.?
The fiscal year end for Silver Bull Resources, Inc. is October 31, as stated in the filing.
Where are the principal executive offices of Silver Bull Resources, Inc. located?
The principal executive offices are located at 777 Dunsmuir Street, Suite 1605, Vancouver, B.C. V7Y 1K4.
Has Silver Bull Resources, Inc. operated under any other names?
Yes, the company was formerly known as METALLINE MINING CO, with a name change date of October 13, 1999.
Are there any securities registered pursuant to Section 12(b) of the Act for Silver Bull Resources, Inc.?
No, the filing explicitly states that there are no securities registered pursuant to Section 12(b) of the Act.
Filing Stats: 4,479 words · 18 min read · ~15 pages · Grade level 15.6 · Accepted 2025-01-29 16:56:07
Key Financial Figures
- $0.01 — Section 12(g) of the Act: Common Stock, $0.01 Par Value Indicate by check mark if t
- $518,000 — y South32 and the Company. South32 paid $518,000 to the Company as a final payment for t
- $408 million — exico as well as damages for the sum of $408 million. The Arbitration hearing is set to comm
Filing Documents
- svbl-20241031.htm (10-K) — 986KB
- ex3x2_1.htm (EX-3.2) — 2KB
- ex4x1.htm (EX-4.1) — 15KB
- ex19x1.htm (EX-19.1) — 34KB
- ex19x2.htm (EX-19.2) — 21KB
- ex21x.htm (EX-21.1) — 6KB
- ex23x1.htm (EX-23.1) — 2KB
- ex23x2.htm (EX-23.2) — 7KB
- ex23x3.htm (EX-23.3) — 5KB
- ex31x1.htm (EX-31.1) — 10KB
- ex31x2.htm (EX-31.2) — 10KB
- ex32x1.htm (EX-32.1) — 5KB
- ex32x2.htm (EX-32.2) — 5KB
- map1.jpg (GRAPHIC) — 33KB
- image_002.gif (GRAPHIC) — 22KB
- 0001079973-25-000156.txt ( ) — 6487KB
- svbl-20241031.xsd (EX-101.SCH) — 67KB
- svbl-20241031_cal.xml (EX-101.CAL) — 42KB
- svbl-20241031_def.xml (EX-101.DEF) — 299KB
- svbl-20241031_lab.xml (EX-101.LAB) — 547KB
- svbl-20241031_pre.xml (EX-101.PRE) — 322KB
- svbl-20241031_htm.xml (XML) — 674KB
and 2
Item 1 and 2. BUSINESS AND PROPERTIES 8 Item 1A.
RISK FACTORS
RISK FACTORS 16 Item 1B. UNRESOLVED STAFF COMMENTS 23 Item 1C. CYBERSECURITY 23 Item 3.
LEGAL PROCEEDINGS
LEGAL PROCEEDINGS 23 Item 4. MINE SAFETY DISCLOSURES 24 PART II Item 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES 25 Item 6. [RESERVED] 26 Item 7.
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 26 Item 7A.
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 32 Item 8.
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 32 Item 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 33 Item 9A.
CONTROLS AND PROCEDURES
CONTROLS AND PROCEDURES 33 Item 9B. OTHER INFORMATION 33 Item 9C. DISCLOSURE REGARDING FOREIGN JURISDICTIONS THAT PREVENT INSPECTIONS 33 PART III Item 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 34 Item 11.
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 34 Item 12.
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 34 Item 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 34 Item 14. PRINCIPAL ACCOUNTING FEES AND SERVICES 34 PART IV Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES 35 Item 16. FORM 10-K SUMMARY 36
SIGNATURES
SIGNATURES 37 3 The terms "Silver Bull," and the "Company," are used to refer to Silver Bull Resources, Inc. and its subsidiaries, unless the context otherwise requires. Technical terms have been included that are important to an understanding of the business under "Glossary of Common Terms" at the end of this section. Throughout this document statements are made that are classified as "forward-looking." Please refer to the "Cautionary Statement Regarding Forward-Looking Statements" section of this document for an explanation of these types of assertions. Cautionary Statement Regarding Forward-Looking This Annual Report on Form 10-K includes certain statements that may be deemed to be "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the United States Private Securities Litigation Reform Act of 1995, and "forward-looking information" within the meaning of applicable Canadian securities legislation. Words used such as "anticipate," "continue," "likely," "estimate," "expect," "may," "will," "projection," "should," "believe," "potential," "could," or similar words suggesting future outcomes (including negative and grammatical variations) to identify forward-looking statements. These statements include statements regarding the following, among other things: The sufficiency of existing cash resources to enable the Company to continue operations for the next 12 months as a going concern; The prospects of the claim process, or award, under the North American Free Trade Agreement ("NAFTA"); The Funding Agreement (as defined in the "Management's Discussion and Analysis of Financial Condition and Results of Operations" section), and continued payment of legal, tribunal and external expert costs, and reimbursement of corporate operating expenses, under its terms; Prospects of entering th