Silver Elephant Closes First Tranche of Non-Brokered Private Placement Raising Gross Proceeds of $264,308
Silver Elephant Mining (OTCQB: SILEF) has completed the first tranche of its non-brokered private placement, raising $264,308 through the sale of 1,651,926 units at $0.16 per unit. Each unit comprises one common share and one warrant, with warrants exercisable at $0.20 per share for three years.
Notable participants include Director John Lee subscribing for 406,250 units ($65,000) and major shareholder Ron Motz acquiring 400,000 units ($64,000). The company paid Finder's Fees of 14,000 Finder's Units. The securities will have a four-month plus one day regulatory hold period, with proceeds intended for general corporate purposes.
Silver Elephant Mining (OTCQB: SILEF) ha completato la prima tranche del suo private placement non brokerato, raccogliendo $264,308 attraverso la vendita di 1.651.926 unità a $0,16 per unità. Ogni unità comprende una comune azione e una warrant, con warrant exercitabili a $0,20 per azione per tre anni.
Partecipanti notevoli includono il Direttore John Lee che si è iscritto per 406.250 unità ($65.000) e l'importante azionista Ron Motz che ne ha acquisiti 400.000 unità ($64.000). L'azienda ha pagato onorari di Finder di 14.000 unità Finder. I titoli saranno soggetti a un periodo di blocco regolamentare di quattro mesi più un giorno, con i proventi previsti per scopi generali aziendali.
Silver Elephant Mining (OTCQB: SILEF) ha completado la primera cuota de su colocación privada no brokerada, recaudando $264,308 mediante la venta de 1.651.926 unidades a $0,16 por unidad. Cada unidad comprende una acción ordinaria y una warrant, con warrants ejercitables a $0,20 por acción durante tres años.
Los participantes notables incluyen al Director John Lee suscribiéndose por 406.250 unidades ($65,000) y el accionista mayoritario Ron Motz adquiriendo 400.000 unidades ($64,000). La compañía pagó honorarios de Finder de 14.000 Unidades Finder. Los valores tendrán un periodo de bloqueo regulatorio de cuatro meses más un día, y los ingresos se destinarán a fines corporativos generales.
Silver Elephant Mining (OTCQB: SILEF) 비브로커 비공개 배정의 첫 번째 Tranche를 완료했고, $264,308를 모았으며 1,651,926 유닛을 $0.16/유닛에 판매했습니다. 각 유닛은 보통주 1주와 워런트 1개로 구성되며, 워런트는 3년간 주당 $0.20에 행사 가능합니다.
주요 참가자로는 이사 존 리가 406,250 유닛 ($65,000)에 구독했고, 대주주 론 모츠가 400,000 유닛 ($64,000)를 취득했습니다. 회사는 Finder의 수수료로 14,000 Finder 유닛을 지급했습니다. 증권은 규제 보류 기간이 4개월+1일이며, 조달 자금은 일반 회사 운영 목적에 사용될 예정입니다.
Silver Elephant Mining (OTCQB: SILEF) a terminé la première tranche de son placement privé non-médiatisé, en levant $264 308 grâce à la vente de 1 651 926 unités à $0,16 par unité. Chaque unité comprend une action ordinaire et un warrant, avec warrants exercables à $0,20 par action pendant trois ans.
Parmi les participants notables figurent le directeur John Lee qui souscrit à 406 250 unités ($65 000) et l'actionnaire majoritaire Ron Motz qui en acquiert 400 000 unités ($64 000). La société a payé des frais de Finder de 14 000 unités Finder. Les valeurs feront l'objet d'une période de blocage réglementaire de quatre mois et un jour, les produits étant destinés à des besoins opérationnels généraux.
Silver Elephant Mining (OTCQB: SILEF) hat die erste Tranche seiner nicht brokered privaten Platzierung abgeschlossen und $264,308 durch den Verkauf von 1.651.926 Einheiten zu $0,16 pro Einheit eingenommen. Jede Einheit besteht aus einer Stammaktie und einem Warrant, wobei Warrants zu $0,20 pro Aktie für drei Jahre ausübbar sind.
Bemerkenswerte Teilnehmer umfassen den Direktor John Lee, der sich mit 406.250 Einheiten ($65.000) beteiligt hat, und den Großaktionär Ron Motz, der 400.000 Einheiten ($64.000) erwirbt hat. Das Unternehmen zahlte Finder's Fees in Höhe von 14.000 Finder-Einheiten. Die Wertpapiere unterliegen einer regulatorischen Haltefrist von vier Monaten plus einem Tag, und die Erlöse sollen für allgemeine Unternehmenszwecke verwendet werden.
Silver Elephant Mining (OTCQB: SILEF) أكملت الشريحة الأولى من طرحها الخاص غير الوسيط، حيث جمعت $264,308 من بيع 1,651,926 وحدة بسعر $0.16 للوحدة. تتكون كل وحدة من سهم عادي واحد وواحد من خيارات الشراء، وتكون خيارات الشراء قابلة للإدراج بسعر $0.20 للسهم لمدة ثلاث سنوات.
من المشاركين البارزين يشمل المدير جون لي الذي اشتري لـ 406,250 وحدة ($65,000) والمساهم الأكبر رون موتز الذي اشترى 400,000 وحدة ($64,000). دفعت الشركة عمولات Finder قدرها 14,000 وحدة Finder. ستخضع الأوراق المالية لفترة حظر تنظيمية تبلغ أربعة أشهر زائد يوم واحد، وسيتم استخدام العوائد للأغراض العامة للشركة.
Silver Elephant Mining (OTCQB: SILEF) 已完成非经纪私募的第一笔 tranche，通过出售 1,651,926 股单位，以 $0.16/单位 融得 $264,308。每个单位包含一股普通股和一份认股权证，认股权证可在三年内以 $0.20/股 行使。
知名参与者包括董事John Lee 认购 406,250 单位 ($65,000)，大股东 Ron Motz 取得 400,000 单位 ($64,000)。公司支付了 14,000 Finder 单位的 Finder 费。证券将有四个月加一天的监管锁定期，募集资金拟用于公司一般运营目的。
- Raised $264,308 in fresh capital through private placement
- Insider participation from director and major shareholder demonstrates confidence
- Three-year warrant coverage at $0.20 provides potential future upside
- Relatively small raise amount may indicate limited investor interest
- Dilution to existing shareholders through new share issuance
- Discount to market price through unit offering structure
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that, further to its news release dated September 4, 2025, it has closed the first tranche of its non-brokered private placement (the "Private Placement") raising gross proceeds of
Finder's Fees of 14,000 Finder's Units were paid with each Finder's Unit consisting of one Share and one Warrant.
John Lee, a Director of the Company subscribed for 406,250 Units for gross proceeds of
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.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of that jurisdiction.
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. 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 www.sedarplus.ca.
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.
Not for distribution to the United States Newswire Services or For Dissemination, Distribution, Release or Publication, Directly or Indirectly into the United States.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266881
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