Tim Barry, President and CEO of Silver Bull states, "We are very pleased to close this financing and strengthen our relationship with Coeur d'Alene as well as other investors. This transaction is extremely positive for the company moving forward and will allow us to continue aggressively developing the Sierra Mojada project in Mexico."About Silver Bull: Silver Bull is a US registered mineral exploration company listed on both the NYSE Amex and TSX stock exchanges and based out of Vancouver, Canada. The flag ship " Sierra Mojada" project is located 150 kilometers north of the city of Torreon in Coahuila, Mexico and is highly prospective for silver and zinc. Silver Bull also owns three mineral exploration licences in Gabon, West Africa, two of which are currently under joint venture with AngloGold Ashanti. These licences are prospective for gold, manganese, and iron ore.
Silver Bull Announces $US 7.5 Million Non-Brokered Common Stock Offering With A $US 5 Million Lead Order By Coeur D'Alene Mines
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