UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of
The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported) April 20, 2011

Silver Bull Resources, Inc.
(Exact name of registrant as specified in its charter)

Nevada
001-33125
91-1766677
(State or other jurisdiction
(Commission
(IRS Employer
of incorporation)
File Number)
Identification No.)

885 West Georgia Street, Suite 2200
Vancouver, B.C. V6C 3E8
604-687-5800
Telephone number, including
Area code

Metalline Mining Company
(Former name or former address if changed since last report)
 

 
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 


 
 

 
 
Item 5.03.  Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On April 20, 2011 the shareholders of Silver Bull Resources, Inc. (the “Company” and formerly Metalline Mining Company) approved an amendment to the Company’s Articles of Incorporation to change the Company’s name to Silver Bull Resources, Inc.   On April 21, 2011 the Company filed a Certificate of Amendment with the Nevada Secretary of State to effect the amendment.

Item 5.07.  Submission of Matters to a Vote of Security Holders

On April 20, 2011, the Company held its annual meeting of shareholders (the “Meeting”).  At the Meeting, five proposals were submitted to the shareholders for approval as set forth in the Company’s definitive proxy statement dated March 15, 2011.   As of the record date, February 24, 2011, a total of 106,151,402 shares of Company common stock were outstanding and entitled to vote.  In total, 81,678,185 shares of Company common stock were present in person or represented by proxy at the Meeting, which represented approximately 77% of the shares outstanding and entitled to vote as of the record date.

At the meeting, the shareholders approved all of the proposals submitted, elected the slate of six persons to the Company’s Board of Directors, approved (through an advisory vote) the compensation of the Company’s executive officers, and recommended (through an advisory vote) the frequency at which the Company intends to seek shareholder approval of executive compensation as three years.  The votes on the proposals were cast as set forth below:

1.             Proposal No. 1 – Election of Directors.  The shareholders elected the entire slate of directors presented to the shareholders.  As a result, the Company’s Board of Directors now consists of the six persons elected at the Meeting.

Name
For
Withheld
Brian Edgar
58,169,162
2,200,056
Timothy Barry
59,442,841
926,377
Nicole Adshead-Bell
58,206,848
2,162,370
Murray Hitzman
60,108,933
260,285
Duncan Hsia
58,796,498
1,572,720
Daniel Kunz
59,402,692
966,526

2.           Proposal No. 2 - Approval of an Amendment to the Company’s Articles of Incorporation to change the Company’s name to Silver Bull Resources, Inc.

For
Against
Abstain
80,664,508
914,985
98,692
     

 

 
 
 

 
3.           Proposal No. 3 - Ratification and Approval of Hein & Associates LLP as the Company’s independent registered public accounting firm.
 
 
For
Against
Abstain
80,575,844
349,838
752,503

4.           Proposal No. 4 – Approval, by non-binding vote, of the compensation of the Company’s executive officers.
 
 
For
Against
Abstain
58,016,561
2,035,661
316,996

5.           Proposal No. 5 – Recommendation, by non-binding vote, of the frequency of executive officer compensation votes.

One Year
Two Years
Three Years
Abstain
25,508,599
924,992
35,531,702
403,925

Item 8.01 Other Events
 
News Release

On April 21, 2010 the Company issued a news release regarding the Meeting.  A copy of that news release is filed herewith as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.
 
(d)   Exhibits
 
3.1 
Certificate of Amendment.

99.1 
News Released Dated April 21, 2011.

 
 
SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
Metalline Mining Company
 
(Registrant)
   
Date: April 26, 2011
/s/ Tim Barry
 
Name: Tim Barry
 
Title: Chief Executive Officer
   

Exhibit 3.1
 
 
DEAN HELLER
Secretary of State
204 North Carson Street, Suite 1
Carson City, Nevada 89701-4299
(775) 684 5708
Website: secretaryofstate.biz
 
Certificate of Amendment
(PURSUANT TO NRS 78.385 and 78.390)

 
Certificate of Amendment to Articles of Incorporation
For Nevada Profit Corporations

(Pursuant to NRS 78.385 and 78.390 - After Issuance of Stock)

1. Name of corporation:  Metalline Mining Company.

2. The articles have been amended as follows (provide article numbers, if available):

No. 4

NAME

The name of the corporation shall be:  Silver Bull Resources, Inc.


3. The vote by which the stockholders holding shares in the corporation entitling them to exercise at least a majority of the voting power, or such greater proportion of the voting power as may be required in the case of a vote by classes or series, or as may be required by the provisions of the articles of incorporation have voted in favor of the amendment is:   80,575,844.*

4. Effective date of filing (optional): ________________________________
                                              (must not be later than 90 days after the certificate is filed)

5. Officer Signature (required): /s/ Brian Edgar

*If any proposed amendment would alter or change any preference or any relative or other right given to any class or series of outstanding shares, then the amendment must be approved by the vote, in addition to the affirmative vote otherwise required, of the holders of shares representing a majority of the voting power of each class or series affected by the amendment regardless of limitations or restrictions on the voting power thereof.

IMPORTANT: Failure to include any of the above information and submit the proper fees may cause this filing to be rejected.

This form must be accompanied by appropriate fees.                                                                                                                     
    Nevada Secretary of State AM 78.385 Amend 2003
 Revised on: 09/29/05

 
Exhibit 99.1
 
 

 

 
 
April 21, 2011   TSX: MMZ, AMEX: MMG
 
 
Metalline Reports Results of Annual General Meeting
 
Vancouver, British Columbia – Metalline Mining Company (TSX: MMZ, AMEX: MMG) (“Metalline”) is pleased to announce that all resolutions proposed at its annual general meeting held on April 20, 2011 (the "Annual Meeting") were duly passed with an overwhelming majority.
 
The shareholders have reappointed Tim Barry, Dr. Murray Hitzman, Dr. Nicole Adshead-Bell, and Duncan Hsia as directors. Brian Edgar has been reappointed Chairman of Metalline. Also, Mr. Daniel Kunz was newly appointed as a director of Metalline.
 
Mr. Kunz has over 30 years of experience in all areas of engineering, management, accounting, finance and operations. Mr. Kunz holds a Masters of Business Administration, Bachelor of Science in Engineering Science and an Associate of Accounting degree. Mr. Kunz has held positions in Ivanhoe Mines (President), MK Gold Company (President & CEO) and Morrison Knudsen Corporation (Vice President & Controller, and as CFO to the Mining Group).
 
At the conclusion of the meeting Greg Hahn, Wesley Pomeroy and Robert Kramer ceased serving as directors.  Metalline would like to thank Messrs. Hahn, Pomeroy and Kramer for their years of service as directors of Metalline.
 
The shareholders overwhelmingly approved the resolution to change the name of Metalline to Silver Bull Resources, Inc. Metalline has taken steps to effect the name change under state law and the name change is expected to be reflected in the financial markets and on the NYSE Amex and the Toronto Stock exchange in the near future. A news release will be issued when the Company’s website is updated and new trading symbols are assigned to the Company’s common stock.
 
"We are pleased that our shareholders responded so positively to the new name and we expect it to have a positive impact on investor and market perception", said Tim Barry, President & CEO.
 
Metalline has posted the corporate presentation from the Annual General Meeting to the website at http://www.metallinemining.com/s/Presentations.asp .
 
About Metalline Mining Company
 
Metalline Mining Company is focused on the acquisition, exploration and development of mineral properties. Metalline currently owns mineral concessions in the municipality of Sierra Mojada, Coahuila, Mexico and holds licenses in Gabon, Africa. Metalline conducts its operations in Mexico through its wholly owned Mexican subsidiaries, Minera Metalin S.A. de C.V. and Contratistas de Sierra Mojada S.A. de C.V. To obtain more information on Metalline Mining Company, visit the web site at www.metallinemining.com .
 
On behalf of the Board of Directors
 
“Tim Barry”
 
Tim Barry, MAusIMM
Chief Executive Officer, President and Director
 
INVESTOR RELATIONS CONTACT INFO:
Anthony Srdanovic, B.A. Comm
Manager Corporate Communications
Direct Line: (604) 895-7429
Office Line: (604) 687-5800
 
info@metallinemining.com
 
Cautionary note regarding forward looking statements. This news release contains forward-looking statements regarding future events and Metalline’s future results that are subject to the safe harbours created under the Securities Act of 1933 (the “Securities Act”) and the Securities Exchange Act of 1934 (the “Exchange Act”). These statements are based on current expectations, estimates, forecasts, and projections about the industry in which Metalline operates and the beliefs and assumptions of Metalline’s management. Words such as “expects,” “anticipates,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “continues,” “may,” variations of such words, and similar expressions, are intended to identify such forward-looking statements. In addition, any statements that refer to projections of Metalline’s future financial performance, Metalline’s anticipated growth and potential in its business and other characterizations of future events or circumstances are forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, including such factors as the volatility and level of commodity prices, currency exchange rate fluctuations, uncertainties in cash flow, expected acquisition benefits, exploration mining and operating risks, competition, litigation, environmental matters, the potential impact of government regulations, and other matters discussed under the caption “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended October 31, 2010 and subsequent periodic reports, many of which are beyond our control. Readers are cautioned that forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those expressed or implied in the forward-looking statements.