Silver Elephant Mining Corp. is pleased to announce that the Company has increased the size of its previously announced private placement from $1,350,000 to $1,381,477 from the sale of up to 3,069,950 units of the Company at a price of $0.45 per Unit. Each Unit will consist of one common share of the Company and one share purchase warrant with each warrant entitling the holder to purchase one additional share of the [...]
Silver Elephant Mining Corp. announces that it proposes to undertake a non-brokered private placement of up to 3 million Units of the Company at a price of $0.45 per Unit to raise aggregate gross proceeds of up to $1,350,000. Each Unit will consist of one common share of the Company and one share purchase warrant with each warrant entitling the holder to purchase one additional share of the Company at a price of $0.55 per [...]
Silver Elephant Mining Corp. announces that, further to news release dated June 21, 2022, its wholly owned subsidiary, Mega Thermal Coal Corp. continues to make significant progress towards selling thermal coal from its Ulaan Ovoo mine to China. Such progress includes: 1. Offers received from Chinese buyers to purchase Ulaan Ovoo coal, with delivery to China's Erlian land port which borders on Mongolia. The Chinese buyers [...]
Battery Metals Royalties Corp. and Silver Elephant Mining Corp. announce that Battery Metals has entered into a debt settlement agreement with Silver Elephant pursuant to which Battery Metals will transfer an aggregate of 1,440,352 common shares of Flying Nickel Mining Corp. to settle an aggregate of $193,811 in outstanding debts accrued since 2021 to Silver Elephant. Additionally, Silver Elephant announces that it has [...]
National Instrument 51-102 - Continuous Disclosure Obligations Silver Elephant Mining Corp. announces voting results from its Annual General Meeting of Shareholders held on August 11, 2022. Common Shares represented at the Meeting: 1,890,056 Total issued and outstanding Common Shares as at Record Date: 25,589,139 Percentage of issued and outstanding Common Shares represented: 7.39% Votes in Favour Votes Against Abstained [...]
Silver Elephant Mining Corp. announces that, further to its news release dated August 4, 2022, it has closed the first tranche of its previously announced private placement offering of 3,000,000 Units of the Company at a price per Unit of $0.50 for aggregate gross proceeds of $1,500,000 . Pursuant to the Closing, the Company issued an aggregate of 640,000 Units for aggregate gross proceeds of $320,000. Each Unit consists [...]
Silver Elephant Mining Corp. announces the following management appointments: Qualified Person: Joaqiun Merino, P.Geo who was previously the Company's Vice-President of South America Operations, replacing Daniel Oosterman who tendered his resignation as the Company's Vice-President of Exploration Corporate Secretary: Nadia Traversa, replacing Cindy Waterman. Corporate Solicitor: MLT Aikins. Ryan Coombes tendered his [...]
Silver Elephant Mining Corp. announces that, subject to the approval of the Toronto Stock Exchange , it proposes to undertake a non-brokered private placement of up to 3 million Units of the Company at a price of $0.50 per Unit to raise aggregate gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one-half share purchase warrant with each whole warrant entitling the holder to [...]
Silver Elephant Mining Corp. announces that its wholly-owned subsidiary, Mega Thermal Coal Corp. , is preparing to commence Mongolia coal production at its Ulaan Ovoo project in Q4 2022. Mega Coal is commissioning Ulaan Ovoo in collaboration with its Mongolian partner, who owns and operates a mining fleet at Ulaan Ovoo that is able to support 30,000 tonnes per month of coal production at a steady rate. The equipment mine [...]
Silver Elephant Mining Corp. is pleased to announce the appointment of Zula Kropivnitski as its Chief Financial Officer, replacing Irina Plavutska, who provided notice of her retirement. Ms. Plavutska will remain as a consultant to the Company and the Company would like to thank Ms. Plavutska for her eleven years of dedicated service. Ms. Kropivnitski has over ten years of experience in financial reporting with public [...]
Silver Elephant Mining Corp. and Battery Metals Royalties Corp. announce that they have executed an NSR Amending Agreement in connection with the Letter of Intent announced on April 4, 2022. The NSR Amending Agreement will adjust the royalty payable to Battery Metals under an existing NSR agreement dated August 25, 2021 in respect of coal extracted from Silver Elephant's Ulaan Ovoo coal mine in Mongolia from US$2 per [...]
Silver Elephant Mining Corp. and Battery Metals Royalties Corp. announce that they have entered into a binding letter of intent pursuant to which Battery proposes to acquire a 45% equity interest of Silver Elephant's wholly owned Mega Thermal Coal Corp. , which owns and operates the Ulaan Ovoo and Chandgana thermal coal mines in Mongolia through Mega Coal's wholly-owned Mongolian subsidiaries. The proposed transaction is [...]