Welcome to our dedicated page for Silver Elephant Mining news (Ticker: SILEF), a resource for investors and traders seeking the latest updates and insights on Silver Elephant Mining stock.
Silver Elephant Mining Corp (OTCQB: SILEF) generates frequent news related to its mining operations, corporate finance activities, and legal matters. The company’s disclosures highlight its work at the Apuradita Paca Mining Project in Bolivia, where it reports mining silver-bearing and lead-bearing mineralized material, toll milling, and concentrate sales under an off-take agreement with a major international buyer.
News releases from Silver Elephant often cover operational milestones at Apuradita, such as the delivery of silver-bearing material to a toll-milling facility, commencement of toll milling, and the completion of the first silver-lead concentrate sale. These updates include technical details on mining methods, internal production targets, and assay results for concentrates, providing context for how the project is being advanced.
Investors following SILEF can also expect regular announcements on non-brokered private placements, where the company raises gross proceeds through units composed of common shares and share purchase warrants. These financings frequently involve participation by directors, officers, and significant shareholders and are described in the context of Multilateral Instrument 61-101 related party transaction requirements.
Additional Silver Elephant news items include shareholder meeting results, changes in legal leadership, and updates on arbitration proceedings against Andean Precious Metals Corp. over an additional consideration payment under a Master Services Agreement and Sales and Purchase Agreement. Together, these releases provide a detailed picture of the company’s operational progress, corporate governance, financing strategy, and legal environment.
This news page aggregates such disclosures so readers can review Silver Elephant’s latest operational, financial, and legal updates in one place and track how developments at Apuradita and other corporate actions may affect the company over time.
Silver Elephant Mining Corp. (TSX:ELEF)(OTCQX:SILEF) announced a binding sales and purchase agreement to acquire the Sunawayo silver-lead mining project in Bolivia for $6.5 million. This acquisition complements their Malku Khota project, which has a historic resource of 350 million oz of silver. The Sunawayo property is fully permitted for a 100 ton-per-day operation and boasts extensive mineralization potential across 59.5 km². The acquisition aims to enhance the combined district's exploration opportunities, particularly in a region noted for its sedimentary exhalative deposits.
On August 24, 2020, Nevada Vanadium announced a binding Asset Purchase Agreement with CellCube to acquire the Bisoni vanadium project. The acquisition involves issuance of 4 million common shares and a cash payment of $200,000, plus a contingent payment of $500,000 in shares if vanadium prices exceed $12/lb. The Bisoni Project comprises 201 mining claims and enhances Nevada Vanadium's Gibellini Project, significantly increasing its vanadium resource presence in Nevada, which is known for its attractive mining environment.
Silver Elephant Mining Corp. (SILEF) announces its subsidiary, Nevada Vanadium LLC, has signed a binding Asset Purchase Agreement to acquire the Bisoni vanadium project from CellCube Energy Storage Systems. The deal involves issuing 4 million shares and a $200,000 cash payment at closing, with an additional $500,000 in shares if vanadium prices exceed $12/lb. This acquisition expands Silver Elephant's vanadium holdings, potentially enhancing resource capacity in the U.S. The combined project area now totals 934 claims across 43.4 sq km, strategically positioned in a top mining jurisdiction.