LegalJun 10, 2026, 06:07 AM
Silver Bull Resources' Arbitration Against Mexico Dismissed; Ordered to Pay $998K
AI Summary
Silver Bull Resources, Inc. announced the dismissal of its arbitration case against Mexico. The tribunal found it lacked jurisdiction and/or the claims were time-barred, ordering Silver Bull to pay approximately US$998,000 in legal costs to Mexico. The company is considering an annulment process, which could take 18-36 months, and is evaluating other strategic options, including resolving the ongoing blockade of its Sierra Mojada project.
Key Highlights
- Silver Bull Resources' arbitration case against Mexico has been dismissed in its entirety.
- The company has been ordered to pay Mexico approximately US$998,000 in legal costs.
- The tribunal cited lack of jurisdiction and/or time-barred claims as reasons for dismissal.
- Silver Bull is assessing the decision for potential annulment, which could take 18-36 months.
- The company is evaluating strategic options, including resolving the ongoing blockade of its Sierra Mojada property.
Price Impact
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