Silver Elephant Closes Second Tranche of Private Placement for Gross Proceeds of $1,025,800

Oct 22, 2021

VANCOUVER, BC / ACCESSWIRE / October 22, 2021 / Silver Elephant Mining Corp. ("Silver Elephant" or the "Company") (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces that, further to its news release dated September 6, 2021, it has closed the second tranche (the "Closing") of its previously announced private placement offering of 15,000,000 common shares of the Company ("Shares") at a price per Share of $0.22 for aggregate gross proceeds of $3,300,000 (the "Offering"). Pursuant to the Closing, the Company issued an aggregate of 4,662,727 Shares for aggregate gross proceeds from the Closing of $1,025,800.

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