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Silver Bull Resources, Inc.

11:44 AM EST - Silver Bull Resources, Inc. : has received commitments from various investors for the sale of 21,050,000 shares of common stock at a price of $0.50 U.S. per share. Silver Bull is pleased to announce the closing of the sale of 20,755,000 shares of common stock at a price of $0.50 U.S. per share for gross proceeds of $10,377,500 U.S. Silver Bull expects to close the sale of the remaining 295,000 shares of common stock this week. Silver Bull Resources, Inc. shares T.SVB are trading up $0.03 at $0.58.