Silver Bull Resources Inc (SVBL)

[californiagold]

Brian Edgar Bought 192,810 Shares in the 2nd Tranche of the Private Placement for SVBL on June 3, 2016. He purchased these shares and receive the accompanying warrant for each share through his private company Tortuga Investments. See link and footnotes for details.

http://www.insidermonkey.com/insider-trading/filing/5501887

Nice to see an insider put further money towards the stock. Through the three tranches of this placement SVBL raised $1.1 million USD (11.36 million shares @ $0.13 CDN) and if the stock trades above $0.18 USD for 5 days which seems close at hand, SVBL will likely raise another $1.4 million USD (11.36 million warrants @ $0.16 CDN). That is a nice $2.5 million USD in their coffers. Opens up likelihood of drilling some of their high target sights peripheral and releasing additional information about how extensive deposit might be. These drilling tests were expected to run about $500,000 and should allow a number of press releases in the coming months. This will be very exciting and I am sure Tim Barry is excited to be doing some geological work again and drilling.