Silver Elephant Early Warning Report
Silver Elephant Mining (OTCQB: SILEF) has reduced its stake in Oracle Commodity Holding Corp through the sale of 3,000,000 common shares on July 18 and 21, 2025. The shares were sold through TSX Venture Exchange for total proceeds of $60,035.
Following the transaction, Silver Elephant's ownership in Oracle decreased from 31.45% to 28.56% on a non-diluted basis, and represents 22.27% on a fully diluted basis. 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 (OTCQB: SILEF) ha ridotto la sua partecipazione in Oracle Commodity Holding Corp tramite la vendita di 3.000.000 azioni ordinarie il 18 e 21 luglio 2025. Le azioni sono state vendute tramite la TSX Venture Exchange per un ricavato totale di 60.035 dollari.
In seguito alla transazione, la quota di Silver Elephant in Oracle è diminuita dal 31,45% al 28,56% su base non diluita, rappresentando il 22,27% su base completamente diluita. La società prevede di utilizzare i proventi per scopi generali di capitale circolante e potrebbe modificare la sua partecipazione in Oracle in base alle condizioni di mercato.
Silver Elephant Mining (OTCQB: SILEF) ha reducido su participación en Oracle Commodity Holding Corp mediante la venta de 3.000.000 acciones ordinarias los días 18 y 21 de julio de 2025. Las acciones se vendieron a través de la TSX Venture Exchange por un total de 60.035 dólares.
Tras la transacción, la propiedad de Silver Elephant en Oracle disminuyó del 31,45% al 28,56% en base no diluida, y representa el 22,27% en base totalmente diluida. La compañía planea usar los ingresos para capital de trabajo general y podría ajustar sus participaciones en Oracle según las condiciones del mercado.
Silver Elephant Mining (OTCQB: SILEF)는 2025년 7월 18일과 21일에 3,000,000 보통주를 매각하여 Oracle Commodity Holding Corp에 대한 지분을 축소했습니다. 이 주식들은 TSX 벤처 거래소를 통해 총 60,035달러에 판매되었습니다.
거래 후 Silver Elephant의 Oracle 지분은 비희석 기준으로 31.45%에서 28.56%로 감소했으며, 완전 희석 기준으로는 22.27%를 차지합니다. 회사는 수익금을 일반 운전자본 용도로 사용할 계획이며 시장 상황에 따라 Oracle 지분을 조정할 수 있습니다.
Silver Elephant Mining (OTCQB : SILEF) a réduit sa participation dans Oracle Commodity Holding Corp en vendant 3 000 000 d’actions ordinaires les 18 et 21 juillet 2025. Les actions ont été vendues via la TSX Venture Exchange pour un produit total de 60 035 $.
Après la transaction, la participation de Silver Elephant dans Oracle est passée de 31,45 % à 28,56 % sur une base non diluée, représentant 22,27 % sur une base totalement diluée. La société prévoit d’utiliser les fonds pour des besoins généraux de fonds de roulement et pourrait ajuster ses participations dans Oracle en fonction des conditions du marché.
Silver Elephant Mining (OTCQB: SILEF) hat seinen Anteil an der Oracle Commodity Holding Corp durch den Verkauf von 3.000.000 Stammaktien am 18. und 21. Juli 2025 reduziert. Die Aktien wurden über die TSX Venture Exchange zu einem Gesamterlös von 60.035 US-Dollar verkauft.
Nach der Transaktion sank der Anteil von Silver Elephant an Oracle von 31,45% auf 28,56% auf nicht verwässerter Basis und entspricht 22,27% auf voll verwässerter Basis. Das Unternehmen plant, die Erlöse für allgemeine Betriebskapitalzwecke zu verwenden und könnte seine Oracle-Beteiligungen je nach Marktlage anpassen.
- Generated $60,035 in working capital through share sale
- Maintains significant ownership position of 28.56% in Oracle
- Reduced ownership stake in Oracle by 2.89%
- Selling price implies relatively low valuation for Oracle shares
Vancouver, British Columbia--(Newsfile Corp. - July 22, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that on July 18, 2025 and July 21, 2025, it sold an aggregate of 3,000,000 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 32,700,110 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 www.sedarplus.ca.
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 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
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 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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259731
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