Silver Elephant Mining Corp. announces that it has entered into a binding sales and purchase agreement with a private party to acquire the El Triunfo Gold-Silver-Lead-Zinc Project in La Paz District, Bolivia . Proposed Transaction Summary Subject to the provisions of the SPA, the Vendor irrevocably agrees to sell, assign, and transfer to Silver Elephant, and Silver Elephant agrees to purchase from the Vendor, the mining [...]
Silver Elephant Mining Corp. is pleased to report that all proposed resolutions were approved at the Company's Annual General and Special Meeting of shareholders held on July 7, 2020, via teleconference. Voting Results were as follows: Votes in Favour Votes Against or Abstained 1. The number of directors was fixed at five 22,493,688 701,847 2. Election of Directors John Lee 22,054,575 1,140,961 Greg Hall 22,305,992 [...]
Silver Elephant Mining Corp. announces that it has closed the second and final tranche of the oversubscribed non-brokered private placement first announced on April 15, 2020. The second tranche of the Placement raised gross cash proceeds of $645,060 through the issuance of 4,962,000 units of Silver Elephant at a price of $0.13 per Unit. No finder's fees were paid on this second tranche. The first tranche of the Placement [...]
Silver Elephant Mining Corp. announces that pursuant to the terms of the Company's Share-Based Compensation Plan as approved at its Annual General Meeting of shareholders held on June 2, 2016, and amended on September 12, 2019, it has granted in aggregate, 3,000,000 incentive stock options , to certain directors, officers, employees and consultants of the Company. The Options are exercisable at a price of $0.22 per Common [...]
Silver Elephant Mining Corp. announces that it has closed the first tranche of the non-brokered private placement announced on April 15, 2020. The first tranche of the Placement raised gross cash proceeds of $1,330,940 through the issuance of 10,238,000 units of Silver Elephant at a price of $0.13 per Unit. Each Unit is comprised of one Common share and one Common share purchase warrant . Each Warrant entitles the holder [...]
Silver Elephant Mining Corp. announces that it is undertaking a non-brokered private placement involving the issuance of up to 14 million units at a price of $0.13 per Unit. Each Unit will consist of one Common share in the capital of the Company and one Share purchase warrant . Each Warrant entitles the holder to acquire an additional Share at a price of $0.16 per Share for a period of three years from the date of [...]
Silver Elephant Mining Corp. is pleased to announce that at the opening on March 23, 2020, the Company's trading symbol on the OTCQX® Best Market in the United States will change to SILEF . About Silver Elephant Silver Elephant is developing its premier Pulacayo silver project in Bolivia. Further information on Silver Elephant can be found at www.silverelef.com. Silver Elephant Mining Corp. "Michael Doolin" Chief [...]
Silver Elephant Mining Corp. announces that John Lee, of 26th Floor, Beautiful Group Tower, 77 Connaught Road Central, Hong Kong, Executive Chairman of the Company, disposed: 250,000 shares in the public market on March 13, 2020; 495,000 shares in the public market on March 16, 2020; and 3,000,000 shares in the public market on March 18, 2020; . Prior to the Transactions, Mr. Lee beneficially owned and exercised control [...]
Prophecy Development Corp. is pleased to announce that it has changed its name to Silver Elephant Mining Corp. Effective at the start of trading on March 19, 2020, Silver Elephant Mining Corp. will commence trading on the Toronto Stock Exchange under the new symbol "ELEF". The Company has made application with FINRA in the US for a symbol change on the OTCQX and will provide an update as soon as the Company receives [...]
Prophecy Development Corp. is pleased to report that all proposed resolutions were approved at the Company's Special Meeting of shareholders held on March 16, 2020, in Vancouver, British Columbia . Voting Results were as follows: 1. Ratification of Previously Granted Stock Options Votes in Favour 9,926,518 Votes Against 4,789,696 Approved the Ratification of 1,275,000 Stock Options previously granted. 2. Name Change Votes [...]
Prophecy Development Corp. announces that in light of the World Health Organization's announcement of the COVID-19 outbreak as a pandemic, it shall be providing shareholders of the Company with the opportunity to participate in its special meeting of shareholders of the Company to be held on March 16, 2020 at 10:00 A.M. via teleconferencing through the following dial in: Dial In: 1-877-608-4575 Participant Passcode [...]
Prophecy Development Corp. is pleased to announce that it has commenced district exploration program at its Pulacayo project. The exploration team will be conducting geological mapping, with relevant sampling and possible trenching on the property. Induced polarization geophysics will be conducted in tandem with the field program, with 106 line-kilometers of survey having been outlined. The program is expected to be [...]