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NextPlat Corp Director's Dealing 2012

Mar 7, 2012

34945_dirs_2012-03-07_a375e355-3ae8-4325-b68b-79754314eebe.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SILVER HORN MINING LTD. (SILV)
CIK: 0001058307
Period of Report: 2012-02-21

Reporting Person: Bleak Daniel (Director, Chief Executive Officer, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2012-02-24 Common Stock A 25000000 Acquired 35000000 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2012-02-21 Common Stock Options (Right to Buy) $0.05 J 30000000 Disposed 2016-05-02 Common Stock (30000000) Direct

Footnotes

F1: The securities were issued to Mr. Bleak as compensation for his services as Chief Executive Officer.

F2: These options to purchase common stock (the "Options") were originally issued to Mr. Bleak as part of his compensation to his appointment as Cheif Executive Officer. On February 21, 2012, pursuant to a stock option cancellation agreement between Mr. Bleak and the Company, the Options were cancelled.