On February 23, 2016, Joshua Crumb informed the Board of Directors of Silver Bull Resources, Inc. of his decision not to stand for re-election as a director of the company at the Company's 2016 annual meeting of shareholders. Mr. Crumb serves as the Chair of the Corporate Governance and Nominating Committee of the Board and as a member of each of the Audit Committee and the Compensation Committee of the Board. Mr. Crumb will continue to serve as a director of the Company until the company's 2016 annual meeting of shareholders.