Silver Elephant Mining Corp. announces that it has commenced a 1,500 m drilling program on its El Triunfo Gold-Silver Project, located approximately 75 km east of La Paz. The program will probe several prospective induced polarisation geophysical anomalies detected in late 2021. The IP anomalies are coincident with surface Au-Ag mineralization that was observed during a geological mapping field program in early 2021. The [...]
Silver Elephant Mining wishes to make a clarification concerning its news release dated Jan 17, 2022. The trading symbol for the Company's common shares on the OTCQX has changed to "SILED" until Feb 14, 2022, which is 20 business days after trading commenced in the Company's common shares on a post-Arrangement and post-Consolidation basis on the TSX. As of February 15, 2022, the Company's trading symbol will revert back [...]
Silver Elephant Mining Corp. announces it has commenced an exploration drilling program at the Paca deposit, which is part of the Company's 100% controlled Pulacayo project in Bolivia. This drilling program is a follow-up from a successful 2020 drill program where drill hole PND118 intercepted 112 meters 50 g/t silver equivalent including 10 meters of 93g/t silver equivalent *. PND118 was drilled in September 2020 from [...]
Silver Elephant Miningannounces the completion of previously announced plan of arrangement. Pursuant to the Arrangement, the common shares of the Company were consolidated on a 10:1 basis and each holder of common shares of the Company will receive in exchange for every 10 pre-Consolidation common shares held: one post-Consolidation common share of the Company; one common share of Flying Nickel Mining Corp. ; one common [...]
Silver Elephant Mining announces further to the news release dated January 12, 2022 regarding the Effective Date for the Plan of Arrangement, trading in the Company's common shares will commence on a post-Arrangement and post-Consolidation basis on Tuesday, Jan. 18, 2022, or such later date as may be determined by the TSX. The Company will issue a further press release to confirm the date on which the common shares will [...]
Silver Elephant Mining announces that it has received final approval of the British Columbia Supreme Court for its previously announced plan of arrangement. Receipt of Court approval follows the near-unanimous approval of the Arrangement by the Company's shareholders at the special meeting held on Dec. 22, 2021. The effective date of the Arrangement is Jan. 14, 2022. Pursuant to the Arrangement, the common shares of the [...]
Silver Elephant Mining Corp. is pleased to provide the following update further to its news release dated Nov. 30, 2021 with respect to previously completed private placement of flow-through subscription receipts of Silver Elephant's wholly owned Flying Nickel Mining Corp. Gross proceeds of $1,534,176 were released from escrow to Flying Nickel upon converting an aggregate of 1,992,437 flow-through subscription receipts of [...]
Silver Elephant Mining is pleased to report that all proposed resolutions were approved at the Company's special general meeting of shareholders held on Dec. 22, 2021. Voting results were as follows: Votes in Favour Votes Against Abstained or Non Voted 1. Approval of a special resolution regarding an arrangement under section 288 of the Business Corporations Act, as more particularly set forth in the management [...]
Silver Elephant Mining Corp. is pleased to provide an update on the disinterested shareholder approval requirements for the previously completed equity private placement of its subsidiary Flying Nickel Mining Corp., which closed on November 29, 2021 for gross proceeds of $8,600,000. The proceeds of the Flying Nickel Offering are currently held in escrow, pending completion of certain escrow release conditions. The escrow [...]
Silver Elephant Mining Corp. announces the following management and director appointments to the Company's proposed spinout, Flying Nickel Mining Corp. Flying Nickel is well financed having completed its recent $8.6 million equity offering and has applied with TSX Venture Exchange to list its common shares as soon as practicably possible. Dan Oosterman, CEO of Flying Nickel remarks: "Our experienced exploration [...]
Not for distribution to United States Newswire Services or for dissemination in Silver Elephant Mining Corp. is pleased to announce that, further to its news releases dated Oct. 26, 2021 and Nov. 19, 2021, Silver Elephant's wholly owned subsidiary Flying Nickel Mining Corp. has completed its previously announced private placement for gross proceeds of $8,600,000. Pursuant to the Flying Nickel Offering, Flying Nickel sold [...]
Silver Elephant Mining Corp. is pleased to announce that its wholly owned subsidiary, Flying Nickel Mining Corp. has increased the size of its private placement announced on Oct. 26, 2021 from $7.0 million to a maximum of $8.6 million. Under the upsized Flying Nickel Offering, Flying Nickel will sell a combination of subscription receipts comprised of non-flow through subscription receipts at a price of $0.70 per Non-FT [...]
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