Silver Elephant Increases Previously Announced Non-Brokered Private Placement to $735,200
Silver Elephant Mining (OTCQB: SILEF) has announced an increase to its previously announced non-brokered private placement, now aiming to raise $735,200 through the sale of 4,595,000 units at $0.16 per unit.
Each unit comprises one common share and one share purchase warrant, with warrants exercisable at $0.20 per share for three years. Company insiders will subscribe for 1,000,000 units ($160,000). The offering includes potential Finder's Fees of up to 7% in Finder's Units. The private placement requires TSX approval, and securities will have a four-month plus one-day holding period.
Silver Elephant Mining (OTCQB: SILEF) ha annunciato un aumento rispetto alla precedente collocazione privata non intermediata, ora mirata a raccogliere $735,200 mediante la vendita di 4.595.000 unità a $0,16 per unità.
Ogni unità comprende una azione ordinaria e un warrant di acquisto azionario, con warrant exercitabili a $0,20 per azione per tre anni. Gli insider della società sottoscriveranno 1.000.000 di unità ($160,000). L’offerta prevede potenziali commissioni di Finder fino al 7% in unità Finder. La private placement richiede l’approvazione TSX e i titoli avranno un periodo di detenzione di quattro mesi più un giorno.
Silver Elephant Mining (OTCQB: SILEF) ha anunciado un aumento de su colocación privada no brokered previamente anunciada, ahora con el objetivo de recaudar $735,200 mediante la venta de 4.595.000 unidades a $0,16 por unidad.
Cada unidad comprende una acción común y un warrant de compra de acciones, con warrants ejercitables a $0,20 por acción durante tres años. Los insiders de la empresa suscribirán 1.000.000 de unidades ($160,000). La oferta incluye posibles comisiones de Finder de hasta 7% en Unidades Finder. La colocación privada requiere la aprobación de TSX, y los valores tendrán un periodo de tenencia de cuatro meses más un día.
Silver Elephant Mining (OTCQB: SILEF)는 이전에 발표된 비중개(private) 비공개 배정의 증가를 발표했으며, 이제 주당 0.16달러의 가격으로 4,595,000 유닛를 판매해 735,200달러를 모으는 것을 목표로 합니다.
각 유닛은 하나의 보통주와 하나의 주식매수 워런트로 구성되며, 워런트는 주당 0.20달러로 3년간 행사 가능합니다. 회사 내부자들은 1,000,000 유닛을 구독할 예정입니다 ($160,000). 이 제안은 Finder의 수수료 최대 7%를 Finder 유닛으로 지급할 수 있습니다. 비공개 배정은 TSX의 승인을 필요로 하며, 증권은 4개월 플러스 1일의 보유 기간이 있습니다.
Silver Elephant Mining (OTCQB : SILEF) a annoncé une augmentation de son placement privé non courtier précédemment annoncé, visant désormais à lever $735 200 en vendant 4 595 000 unités à $0,16 par unité.
Chaque unité comprend une action ordinaire et un warrant d’achat d’action, avec des warrants exerçables à $0,20 par action pour une durée de trois ans. Les initiés de l’entreprise souscriront à 1 000 000 d’unités ($160 000). L’offre prévoit des frais de Finder pouvant atteindre 7% sous forme d’Unités Finder. Le placement privé nécessite l’approbation de la TSX et les valeurs mobilières seront soumises à une période de détention de quatre mois et un jour.
Silver Elephant Mining (OTCQB: SILEF) hat eine Erhöhung seines zuvor angekündigten nicht-brokerlosen Privatplatzes angekündigt, der nun darauf abzielt, 735.200 $ durch den Verkauf von 4.595.000 Einheiten zu je 0,16 $ pro Einheit zu beschaffen.
Jede Einheit besteht aus einer Stammaktie und einem Bezugsrecht (Warrant) auf Aktien, wobei Warrants zu 0,20 $ pro Aktie für drei Jahre ausübbar sind. Innenstehende des Unternehmens werden 1.000.000 Einheiten zeichnen (160.000 $). Das Angebot sieht potenzielle Finder-Gebühren von bis zu 7% in Finder-Einheiten vor. Der Privatplatz erfordert die Genehmigung der TSX, und Wertpapiere unterliegen einer Haltefrist von vier Monaten zuzüglich eines Tages.
Silver Elephant Mining (OTCQB: SILEF) أعلنت عن زيادة في طرحها الخاص غير الوسيط الذي أعلنته سابقاً، والآن يهدف إلى جمع 735,200 دولار أمريكي من خلال بيع 4,595,000 وحدة بسعر $0.16 للوحدة.
تتكون كل وحدة من سهم عادي واحد ومرفقة بسند خيار شراء أسهم، ويمكن ممارسة السندات بسعر $0.20 للسهم لمدة ثلاث سنوات. سيقوم المطلعون في الشركة بالاشتراك في 1,000,000 وحدة ( $160,000 ). ويتضمن العرض عمولات Finder محتملة تصل إلى 7% بوحدات Finder. يتطلب الطرح الخاص موافقة TSX، وتلتزم الأوراق المالية بفترة حظر تبلغ أربعة أشهر زائد يوم واحد.
Silver Elephant Mining (OTCQB: SILEF) 已宣布对先前宣布的非经纪私募发行进行扩大，现在目标是通过以每单位0.16美元出售4,595,000单位来募集735,200美元。
每单位包含一股普通股和一个认股权证，认股权证可以在三年内以每股0.20美元行使。公司内部人员将认购1,000,000单位（160,000美元）。该发行包含最多7%的Finder费用，按Finder单位支付。私募发行需要TSX的批准，证券将有四个月零一天的锁定期。
- Increased private placement size indicates stronger investor interest
- Insider participation of $160,000 demonstrates management confidence
- Three-year warrant term provides extended potential upside for investors
- Offering price of $0.16 represents potential dilution for existing shareholders
- Additional dilution possible through 7% Finder's Units compensation
Vancouver, British Columbia--(Newsfile Corp. - September 24, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that it proposes to amend the terms of the non-brokered private placement (the "Private Placement") originally announced on September 4, 2025. The Private Placement will be increased to raise gross proceeds of
A Finder's Fees of up to
Company insiders will be subscribing for 1,000,000 Units for gross proceeds of up to
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.
The Private Placement is subject to approval by the Toronto Stock Exchange ("TSX").
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
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/267866
FAQ
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