Silver Elephant Early Warning Report
Silver Elephant Mining Corp. (OTCQB: SILEF) has announced the sale of 3,683,000 common shares of Oracle Commodity Holding Corp. through the TSX Venture Exchange for $73,660.
Following the transaction, Silver Elephant's ownership in Oracle decreased from 27.31% to 23.77% on a non-diluted basis and 22.27% on a fully diluted basis, representing a 3.54% reduction in shareholdings. The company plans to use the proceeds for general working capital purposes and may adjust its Oracle holdings based on market conditions.
Silver Elephant Mining Corp. (OTCQB: SILEF) ha comunicato la vendita di 3.683.000 azioni ordinarie di Oracle Commodity Holding Corp. tramite la TSX Venture Exchange per un controvalore di $73.660.
A seguito dell鈥檕perazione, la partecipazione di Silver Elephant in Oracle 猫 scesa dal 27,31% al 23,77% su base non diluita e al 22,27% su base totalmente diluita, pari a una riduzione delle quote del 3,54%. La societ脿 intende impiegare i proventi per il capitale circolante generale e valuter脿 eventuali adeguamenti della sua partecipazione in Oracle in funzione delle condizioni di mercato.
Silver Elephant Mining Corp. (OTCQB: SILEF) ha anunciado la venta de 3.683.000 acciones ordinarias de Oracle Commodity Holding Corp. a trav茅s de la TSX Venture Exchange por un total de $73.660.
Tras la transacci贸n, la participaci贸n de Silver Elephant en Oracle se redujo del 27,31% al 23,77% en base no diluida y al 22,27% en base totalmente diluida, lo que supone una disminuci贸n del 3,54% en su participaci贸n accionarial. La compa帽铆a destinar谩 los ingresos al capital de trabajo general y podr铆a ajustar su participaci贸n en Oracle seg煤n las condiciones del mercado.
Silver Elephant Mining Corp. (OTCQB: SILEF)電� TSX Venture Exchange毳� 韱淀暣 Oracle Commodity Holding Corp.鞚� 3,683,000 氤错喌欤�毳� 齑� $73,660鞐� 毵り皝頄堧嫟瓿� 氚滍憸頄堨姷雼堧嫟.
瓯半灅 頉� Silver Elephant鞚� Oracle 歆�攵勳湪鞚� 牍勴潿靹� 旮办鞙茧 27.31%鞐愳劀 23.77%搿�, 鞕勳爠 頋劃 旮办鞙茧電� 22.27%搿� 臧愳唽頃橃棳 歆�攵勳澊 3.54% 於曥唽霅橃棃鞀惦媹雼�. 須岇偓電� 靾橃澋旮堨潉 鞚茧皹 鞖挫爠鞛愲掣鞙茧 靷毄頃� 鞓堨爼鞚措┌ 鞁滌灔 靸來櫓鞐� 霐半澕 Oracle 氤挫湢 歆�攵勳潉 臁办爼頃� 靾� 鞛堨姷雼堧嫟.
Silver Elephant Mining Corp. (OTCQB: SILEF) a annonc茅 la vente de 3 683 000 actions ordinaires d鈥橭racle Commodity Holding Corp. via la TSX Venture Exchange pour un montant de 73 660 $.
脌 la suite de la transaction, la participation de Silver Elephant dans Oracle est pass茅e de 27,31% 脿 23,77% sur une base non dilu茅e et 脿 22,27% sur une base totalement dilu茅e, soit une r茅duction de 3,54% de ses d茅tentions. La soci茅t茅 pr茅voit d鈥檜tiliser le produit de la vente pour le fonds de roulement g茅n茅ral et pourrait ajuster sa participation dans Oracle en fonction des conditions de march茅.
Silver Elephant Mining Corp. (OTCQB: SILEF) hat den Verkauf von 3.683.000 Stammaktien von Oracle Commodity Holding Corp. 眉ber die TSX Venture Exchange f眉r insgesamt $73.660 bekanntgegeben.
Durch die Transaktion verringerte sich Silver Elephants Anteil an Oracle von 27,31% auf 23,77% unverw盲ssert und auf 22,27% voll verw盲ssert, was einer Reduktion der Beteiligung um 3,54% entspricht. Das Unternehmen beabsichtigt, die Erl枚se f眉r das allgemeine Betriebskapital zu verwenden und kann seine Oracle-Beteiligung je nach Marktbedingungen anpassen.
- Generated $73,660 in cash for working capital
- Maintains significant ownership position of 23.77% in Oracle
- Reduced ownership stake in Oracle by 3.54%
- Dilution of strategic position in Oracle
Vancouver, British Columbia--(Newsfile Corp. - August 18, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that on August 14, 2025, it sold 3,683,000 common shares in the capital of Oracle Commodity Holding Corp. ("Oracle") through the facilities of the TSX Venture Exchange for total consideration of
Prior to the Oracle Share Sale, Silver Elephant held 28,383,110 Oracle common shares, representing approximately
Silver Elephant will use the proceeds from the Oracle Share Sale for general working capital purposes. Silver Elephant may from time to time increase or decrease ownership or control of securities of Oracle depending on market conditions and/or other relevant factors.
A copy of the early warning report has been filed on .
About Silver Elephant Mining Corp.
Silver Elephant is a mineral exploration company with 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 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.
To view the source version of this press release, please visit
FAQ
How many Oracle shares did Silver Elephant Mining (SILEF) sell on August 14, 2025?
What is Silver Elephant Mining's (SILEF) current ownership percentage in Oracle after the share sale?
How will Silver Elephant Mining (SILEF) use the proceeds from the Oracle share sale?
What was the percentage change in Silver Elephant Mining's (SILEF) ownership of Oracle?
How many Oracle shares does Silver Elephant Mining (SILEF) still hold after the sale?
