svbr_8k.htm
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
 
Date of Report (Date of earliest event reported): April 11, 2012
 
SILVER BULL RESOURCES, INC.
(Exact name of registrant as specified in its charter)
 
Nevada
  
001-33125
  
91-1766677
(State or other jurisdiction of incorporation)
  
(Commission File Number)
  
(I.R.S. Employer
Identification Number)
         
925 West Georgia Street, Suite 1908
Vancouver, B.C. V6C 3L2
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code:  604-687-5800

885 West Georgia Street, Suite 2200
Vancouver, B.C. V6C 3E8
(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:
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 
 
ITEM 5.02.   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 11, 2012, Silver Bull Resources, Inc. (the “Company”) held its 2012 annual meeting of shareholders (the “2012 Annual Meeting”).  As previously disclosed, Dr. Nicole Adshead-Bell and Mr. Duncan Hsia informed the Board of Directors on February 22, 2012 of their decision not to stand for re-election as directors of the Company at the 2012 Annual Meeting.  Accordingly, Dr. Adshead-Bell and Mr. Hsia ceased being directors of the Company at the conclusion of the 2012 Annual Meeting.

The disclosure in Item 5.02 in the Current Report on Form 8-K filed on February 28, 2012 regarding the foregoing decisions not to stand for re-election as directors of the Company at the 2012 Annual Meeting is incorporated by reference into this Item 5.02.

ITEM 5.07.   Submission of Matters to a Vote of Security Holders.

At the 2012 Annual Meeting held on April 11, 2012, two proposals were submitted to the shareholders for approval as set forth in the Company’s definitive proxy statement filed on February 27, 2012.  As of the record date, February 24, 2012, a total of 136,160,157 shares of Company common stock were outstanding and entitled to vote.  In total, 83,932,040 shares of Company common stock were present in person or represented by proxy at the 2012 Annual Meeting, representing 61.64% of the shares outstanding and entitled to vote as of the record date.

At the 2012 Annual Meeting, the shareholders elected the entire slate of directors presented to them and approved the ratification of Hein & Associates LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 31, 2012.  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 them.  As a result, the Company’s Board of Directors now consists of the six persons elected at the 2012 Annual Meeting.

 
   For     Withheld    
Broker Non-Votes
                 
Timothy Barry
   58,814,359     461,708     24,655,973
Joshua Crumb
   58,813,847     462,220     24,655,973
Brian Edgar
   56,790,962     2,485,105     24,655,973
Murray Hitzman
   56,489,691     2,786,376     24,655,973
Daniel Kunz
   56,693,372     2,582,695     24,655,973
John McClintock
   58,888,669     387,398     24,655,973

2.           Proposal No. 2 - Ratification and Approval of Hein & Associates LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 31, 2012.
 
For the Resolution
Against the Resolution
Abstain
Broker Non-Votes
83,491,089
19,768
421,183
0

 
 
 


 
SIGNATURE
 
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.
 
Date: April 17, 2012
    
     
 
SILVER BULL RESOURCES, INC.
     
     
 
By:
/s/ Sean Fallis
   
Sean Fallis
   
Chief Financial Officer