Day: June 18, 2024

Silver Bull’s CEO, Mr. Tim Barry commented, “Whilst it had been Silver Bull’s intention to continue developing the Sierra Mojada Project, an illegal blockade by a local mining cooperative trying to force an underserved royalty payment from the Company began in September 2019 and continues to this day. Despite multiple favourable rulings by the Mexican Courts that Silver Bull did not owe the blockaders a royalty payment, and numerous requests to the Mexican Government to uphold the law and end the illegal blockade, the Government failed to take any action, preventing Silver Bull from accessing the site for over four years and preventing the Company from conducting its lawful business in Mexico.

“On behalf of the Board, management and staff, I would like to thank outgoing director, Dan MacInnis, for his 19 years of commitment and service to the Company,” said George Paspalas, President and CEO of MAG.