Silver Bull Resources, Inc. announced changes to its Board of Directors. Effective March 2, 2023, Daniel Kunz has resigned from the Board of Directors, as he was not standing for re-election at the Company's upcoming Annual General Meeting. Mr. Kunz has been a member of the Board since 2011.

To replace Mr. Kunz, Mr. William Matlack has been appointed to the Board. Mr. Matlack, 68, is a veteran geologist over a 20-year career in the mining industry, working primarily with Santa Fe Pacific Gold Corp. (now Newmont Mining) and Gold Fields.

Mr. Matlack was involved in the exploration and development of several world-class gold discoveries in Nevada and California. Later, he was an equity research analyst in metals & mining with Citigroup and BMO Capital Markets, and an investment banker in metals & mining with Scarsdale Equities. From 2012 to 2018, he was interim CEO and a director of Klondex Mines Limited during its transformation from an explorer to gold producer in Nevada.

Mr. Matlack has served as a director of Timberline Resources Corp. since October 2019.