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SILVER ELEPHANT MNG CORP - $SILEF STOCK NEWS

Welcome to our dedicated page for SILVER ELEPHANT MNG news (Ticker: $SILEF), a resource for investors and traders seeking the latest updates and insights on SILVER ELEPHANT MNG stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SILVER ELEPHANT MNG's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SILVER ELEPHANT MNG's position in the market.

Rhea-AI Summary

Silver Elephant Mining Corp. closed the first tranche of its non-brokered private placement, raising $285,000 through the sale of 950,000 units at $0.30 per unit. The proceeds will be used for working capital and general corporate purposes. Certain directors subscribed for 250,000 units. The securities issued are subject to a regulatory hold period until August 30, 2024.

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End-of-Day
-8.7%
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Rhea-AI Summary
Silver Elephant Mining Corp. (SILEF) announces a non-brokered private placement to raise $210,000 through the sale of 700,000 units at $0.30 per unit. Directors to subscribe for up to 495,700 units. Proceeds to be used for working capital and general corporate purposes.
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1.01%
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Rhea-AI Summary
Silver Elephant Mining Corp. announces mining of 51,567 tonnes of Paca oxide materials with an average grade of 165.1 g/t silver from October 2023 to March 2024. The company plans to sell up to 800,000 tonnes of Products to Andean for a total of up to US$7 million.
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End-of-Day
0.76%
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Silver Elephant Mining Corp. acquires 3,500,000 units of Oracle Commodity Holding Corp. through private placement. The acquisition increases Silver Elephant's ownership interest by 3.56%, with a total purchase price of $175,000. Each unit includes one common share and one share purchase warrant. Silver Elephant now holds 35.82% of the issued and outstanding Oracle Shares.
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Silver Elephant Mining Corp. (SILEF) has rescheduled its annual general meeting to May 1, 2024, due to an extension request granted by the BC Registrar of Companies and the Toronto Stock Exchange. The change in meeting date was necessitated by the Company's switch of auditors and fiscal year end from December 31st to March 31st.
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Rhea-AI Sentiment
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-10%
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Silver Elephant Mining Corp. has filed a Form 15 with the SEC to voluntarily deregister its common shares, citing cost-saving measures. This move will not affect the trading and listing of the company's common shares on the Toronto Stock Exchange. The company's reporting obligations under the Exchange Act are currently suspended, and the termination of its reporting obligations is expected to take effect 90 days after filing the Form 15. Following deregistration, the company intends to upgrade its OTC quotation to a higher tier such as OTCQB or OTCQX in the United States.
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Silver Elephant Mining Corp. (TSX: ELEF) (OTC: SILEF) (FSE: 1P2) announces the mining of 30,844 tonnes of Paca oxide materials with an average grade of 162.2 g/t silver, resulting in a sales agreement with Andean Precious Metals Corp. for US$1.8 million by January 31, 2024. The Paca project hosts high-grade silver resources, showcasing operational scalability and future growth potential.
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Rhea-AI Sentiment
End-of-Day
-8%
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Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2N) announces the mining of 13,072 tonnes of Paca oxide materials with an average grade of 190.2 g/t silver and the trucking of the products to Andean Precious Metals Corp. The company expects to receive US$1.8 million from Andean by January 31, 2024, or when 36,000 tonnes of products have been delivered. The Paca project hosts a high-grade silver resource, and the company is studying a proposed Phase 2 for Paca sulphide development.
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Silver Elephant Mining Corp. has begun mining silver oxide materials and delivering them to Andean Precious Metals Corp. The company has accelerated the timetable for Phase 2 Paca sulphide development, aiming to start mining and trucking materials to milling plants for sale in early 2024.
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Silver Elephant Mining Corp. successfully renews DEIA license for Ulaan Ovoo coal operations.
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21.05%
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SILVER ELEPHANT MNG CORP

OTC:SILEF

SILEF Rankings

SILEF Stock Data

9.20M
31.59M
3.62%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Vancouver

About SILEF

prophecy development corp. is a toronto stock exchange-listed (tsx: pcy) canadian company focusing on mining and energy projects in mongolia, bolivia and canada.