Silver Elephant Announces a $672,000 Non-Brokered Private Placement
Silver Elephant Mining (OTCQB: SILEF) has announced a non-brokered private placement to raise $672,000 through the sale of 4.2 million units at $0.16 per unit. Each unit includes one common share and one warrant, with warrants exercisable at $0.20 per share for three years.
Company insiders will participate by subscribing for up to 1 million units ($160,000). The offering includes a Finder's Fee of up to 7% in Finder's Units. The proceeds will be used for general corporate purposes, and the offering is subject to Toronto Stock Exchange approval.
Silver Elephant Mining (OTCQB: SILEF) ha annunciato un collocamento privato non intermediato per raccogliere $672.000 mediante la emissione di 4,2 milioni di unit脿 a $0,16 per unit脿. Ogni unit脿 comprende una azione ordinaria e un warrant, esercitabile a $0,20 per azione entro tre anni.
Dirigenti e insider della societ脿 parteciperanno sottoscrivendo fino a 1 milione di unit脿 (pari a $160.000). L鈥檕fferta prevede una commissione per procacciatore fino al 7% in Finder's Units. I proventi saranno destinati a scopi societari generali e l鈥檕fferta 猫 subordinata all鈥檃pprovazione della Toronto Stock Exchange.
Silver Elephant Mining (OTCQB: SILEF) ha anunciado una colocaci贸n privada no intermediada para recaudar $672,000 mediante la venta de 4.2 millones de unidades a $0.16 por unidad. Cada unidad incluye una acci贸n ordinaria y un warrant, ejercitable a $0.20 por acci贸n durante tres a帽os.
Los directivos e insiders de la compa帽铆a participar谩n suscribiendo hasta 1 mill贸n de unidades (equivalentes a $160,000). La oferta incluye una tarifa al buscador de hasta el 7% en Finder's Units. Los fondos se destinar谩n a prop贸sitos generales corporativos y la oferta est谩 sujeta a la aprobaci贸n de la Bolsa de Valores de Toronto.
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須岇偓 鞛勳洂 氚� 雮措秬鞛愲摛鞚� 斓滊寑 100毵� 雼渼($160,000)毳� 觳暯頃� 彀胳棳頃� 鞓堨爼鞛呺媹雼�. 鞚措矆 瓿惦鞐惖鐢 斓滊寑 7%鞚� 靻岅皽靾橃垬耄�(Finder's Fee)毳� Finder's Units搿� 歆�旮夗晿电� 臁瓣贝鞚� 韽暔霅╇媹雼�. 鞛愱笀鞚� 鞚茧皹 氩曥澑 氇╈爜鞐� 靷毄霅橂┌, 鞚措矆 瓿惦电� 韱犽韱犾甓岅卑霝橃唽鞚� 鞀轨澑鞚� 氚浀鐢 瓴冹潉 臁瓣贝鞙茧 頃╇媹雼�.
Silver Elephant Mining (OTCQB: SILEF) a annonc茅 un placement priv茅 sans interm茅diaire visant 脿 lever 672 000 $ par la vente de 4,2 millions d鈥檜nit茅s 脿 0,16 $ par unit茅. Chaque unit茅 comprend une action ordinaire et un warrant, exer莽able 脿 0,20 $ par action pendant trois ans.
Des dirigeants et initi茅s de la soci茅t茅 participeront en souscrivant jusqu鈥櫭� 1 million d鈥檜nit茅s (160 000 $). L鈥檕ffre pr茅voit des frais de recherche (Finder's Fee) jusqu鈥櫭� 7% payables en Finder's Units. Les fonds seront utilis茅s 脿 des fins g茅n茅rales de la soci茅t茅 et l鈥檕p茅ration est soumise 脿 l鈥檃pprobation de la Bourse de Toronto.
Silver Elephant Mining (OTCQB: SILEF) hat eine nicht vermittelte Privatplatzierung angek眉ndigt, um $672.000 durch den Verkauf von 4,2 Millionen Einheiten zu je $0,16 pro Einheit zu beschaffen. Jede Einheit umfasst eine Stammaktie und einen Warrant, der innerhalb von drei Jahren zu $0,20 pro Aktie aus眉bbar ist.
Firmeninsider werden sich beteiligen und bis zu 1 Million Einheiten (entsprechend $160.000) zeichnen. Das Angebot sieht eine Vermittlungsgeb眉hr von bis zu 7% in Finder's Units vor. Die Erl枚se werden f眉r allgemeine Unternehmenszwecke verwendet, und das Angebot steht unter dem Vorbehalt der Genehmigung durch die Toronto Stock Exchange.
- Insider participation of up to $160,000 demonstrates management confidence
- Three-year warrant term provides extended potential upside for investors
- Offering price of $0.16 per unit may represent dilution for existing shareholders
- Small offering size of $672,000 may not provide substantial working capital
Vancouver, British Columbia--(Newsfile Corp. - September 4, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that it proposes to undertake a non-brokered private placement (the "Private Placement") to raise gross proceeds of
A Finder's Fees of up to
Company insiders will be subscribing for up to 1,000,000 Units for gross proceeds of up to
The securities issued under the Private Placement will be subject to a regulatory hold period of four months plus one day from the date of issue. Proceeds of the Private Placement are expected to be used for general corporate purposes.
The Private Placement is subject to approval by the Toronto Stock Exchange.
About Silver Elephant Mining Corp.
Silver Elephant is a mineral exploration company with gold and silver projects in Bolivia.
Further information on Silver Elephant can be found at .
SILVER ELEPHANT MINING CORP.
ON BEHALF OF THE BOARD
"John Lee"
CEO and Executive Chairman
For more information about Silver Elephant, please contact Investor Relations:
+1.604.569.3661
FORWARD-LOOKING INFORMATION
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions. Such forward-looking information, which reflects management's expectations regarding Silver Elephant's future growth, results of operations, performance, business prospects and opportunities, is based on certain factors and assumptions and involves known and unknown risks and uncertainties which may cause the actual results, performance, or achievements to be materially different from future results, performance, or achievements expressed or implied by such forward-looking information. Forward-looking information in this news release includes the use of proceeds raised from the Private Placement.
Forward-looking statements involve significant risks and uncertainties, and should not be read as guarantees of future performance, events or results, and may not be indicative of whether such events or results will actually be achieved. A number of risks and other factors could cause actual results to differ materially from expected results discussed in the forward-looking statements, including but not limited to: market conditions; changes in business plans; ability to secure sufficient financing to advance the Company's mining projects; and general economic conditions. Additional risk factors about the Company are set out in its latest annual and interim management's discussion and analysis and annual information form available under the Company's profile on SEDAR at
Forward-looking information is based on reasonable assumptions by management as of the date of this news release, and there can be no assurance that actual results will be consistent with any forward-looking information included herein. Readers are cautioned that all forward-looking statements in this news release are made as of the date of this news release. The Company undertakes no obligation to update or revise any forward-looking information in this news release to reflect circumstances or events that occur after the date of this news release, except as required by applicable securities laws.
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FAQ
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