Silver Bull Announces $US 7.5 Million Non-Brokered Common Stock Offering With a $US 5 Million Lead Order by Coeur d'Alene Mines

Silver Bull Resources SVBL today announced that it has received commitments from various investors for the sale of 15,050,000 shares of common stock at a price of $US 0.50 per share, resulting in gross proceeds of $US 7,525,000 including the sale of 10,000,000 shares for gross proceeds of $US 5,000,000 to Coeur d'Alene Mines Corporation and 1,055,000 shares to Silver Bull management and directors for gross proceeds of $US 527,500.