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Silver Elephant Appoints Vice President Legal

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Silver Elephant (OTCQB: SILEF) appointed Stephanie Lee as Vice President Legal, effective October 10, 2025. Ms. Lee is a Canadian-qualified lawyer with eight years of experience in corporate finance, securities and governance, focused on mining and natural resources. She joins from a national law firm where she advised on financings, disclosure, M&A and regulatory compliance. The company also announced that Alex Bayer will step down as Chief Legal Officer effective October 25, 2025 and will remain available as a consultant.

The appointments position the company to maintain legal continuity across its project portfolio while transitioning senior legal leadership.

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Positive

  • Stephanie Lee appointed VP Legal effective Oct 10, 2025
  • New VP has 8 years mining-sector legal and finance experience
  • Outgoing CLO Alex Bayer will remain available as a consultant

Negative

  • Chief Legal Officer will step down on Oct 25, 2025, creating near-term leadership transition

Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce the appointment of Stephanie Lee as its Vice President Legal, effective October 10, 2025.

Ms. Lee is a Canadian-qualified lawyer with eight years of experience in corporate finance, securities and corporate governance with a primary focus on clients in the mining and natural resources sector. She joins Silver Elephant from private practice at a national law firm, where she advised public and private issuers on financings, disclosure, mergers and acquisitions and regulatory compliance.

In her new role, Ms. Lee will oversee the Company's legal affairs and provide strategic counsel to support its operations and growth initiatives across its project portfolio.

The Company also announces that Alex Bayer will step down as the Company's Chief Legal Officer effective October 25, 2025. The Company thanks Mr. Bayer for his valuable contributions during his tenure with the Company. Mr. Bayer will remain available to the Company as a consultant.

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 www.silverelef.com.

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

info@silverelef.com 
www.silverelef.com

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270039

FAQ

Who is the new Vice President Legal at Silver Elephant (SILEF) and when did she start?

Stephanie Lee was appointed Vice President Legal effective October 10, 2025.

What experience does Stephanie Lee bring to Silver Elephant (SILEF)?

She is a Canadian-qualified lawyer with eight years experience in corporate finance, securities, governance and mining-sector matters.

When is Silver Elephant's Chief Legal Officer Alex Bayer leaving his role?

Alex Bayer will step down as Chief Legal Officer effective October 25, 2025.

Will Alex Bayer continue to assist Silver Elephant (SILEF) after stepping down?

Yes, he will remain available to the company as a consultant.

How might the legal leadership change affect Silver Elephant's (SILEF) operations?

The company expects legal continuity across its project portfolio while transitioning senior legal leadership.

Where did Stephanie Lee work before joining Silver Elephant (SILEF)?

She joined from private practice at a national law firm advising public and private issuers on financings, M&A and compliance.
Silver Elephant Mining Corp

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