SILVER BULL RESOURCES Business Summary

Silver Bull Resources, Inc. (SVBL) is a pre-revenue mineral exploration company primarily focused on the acquisition and development of silver, lead, zinc, and copper deposits. The company’s business model is centered on the technical de-risking and resource definition of its flagship asset, the Sierra Mojada property in Coahuila, Mexico, which represents one of the largest undeveloped silver resources in North America. As an exploration-stage entity, Silver Bull does not generate traditional operational revenue; instead, it sustains its activities through equity financing, warrant exercises, and strategic funding arrangements, such as its litigation and operating cost reimbursement agreement with Bench Walk. The company currently operates within a high-risk market segment characterized by significant jurisdictional and operational hurdles, including a long-standing blockade at its primary project site. Its direct competitors include junior explorers such as Clifton Mining Company, Solitario Resources Corp., and Westwater Resources, Inc., with Silver Bull positioning itself as a specialized silver-zinc play with substantial leverage to base metal price recoveries. Leadership is spearheaded by Timothy T. Barry, who has served as President and CEO since 2011. A Chartered Professional Geologist, Barry brings extensive international experience from his previous roles as Chief Geologist for Dome and exploration geologist for Homestake Mining Company. The financial strategy is managed by CFO Christopher Richards, a CPA with over 20 years of mining industry experience, including a former tenure as VP of Finance for Great Panther Mining. The board is chaired by Brian Edgar, a corporate securities expert and former CEO of Dome, whose background in natural resource law and M&A provides critical oversight for the company’s strategic initiatives. Notable institutional support includes Bench Walk, which provides specialized funding to navigate the company's ongoing legal and environmental permitting challenges in Mexico.