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Silver Elephant Mining Corp. - $SILEF STOCK NEWS

Welcome to our dedicated page for Silver Elephant Mining news (Ticker: $SILEF), a resource for investors and traders seeking the latest updates and insights on Silver Elephant Mining stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Silver Elephant Mining's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Silver Elephant Mining's position in the market.

News

Silver Elephant Announces Voluntary Deregistration with the SEC

Rhea-AI Summary
Silver Elephant Mining Corp. has filed a Form 15 with the SEC to voluntarily deregister its common shares, citing cost-saving measures. This move will not affect the trading and listing of the company's common shares on the Toronto Stock Exchange. The company's reporting obligations under the Exchange Act are currently suspended, and the termination of its reporting obligations is expected to take effect 90 days after filing the Form 15. Following deregistration, the company intends to upgrade its OTC quotation to a higher tier such as OTCQB or OTCQX in the United States.
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Silver Elephant Announces 30,844 Tonnes of Paca Silver Oxide Delivered to Andean Precious Metals Corp. Since October

Rhea-AI Summary
Silver Elephant Mining Corp. (TSX: ELEF) (OTC: SILEF) (FSE: 1P2) announces the mining of 30,844 tonnes of Paca oxide materials with an average grade of 162.2 g/t silver, resulting in a sales agreement with Andean Precious Metals Corp. for US$1.8 million by January 31, 2024. The Paca project hosts high-grade silver resources, showcasing operational scalability and future growth potential.
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-8%
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Silver Elephant Announces 13,072 Tonnes of Paca Silver Oxide Delivered to Andean Precious Metals Corp. Since October

Rhea-AI Summary
Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2N) announces the mining of 13,072 tonnes of Paca oxide materials with an average grade of 190.2 g/t silver and the trucking of the products to Andean Precious Metals Corp. The company expects to receive US$1.8 million from Andean by January 31, 2024, or when 36,000 tonnes of products have been delivered. The Paca project hosts a high-grade silver resource, and the company is studying a proposed Phase 2 for Paca sulphide development.
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Silver Elephant Announces 4,500-Tonnes of Paca's Silver Oxide Delivered to Andean Precious Metals Corp. in October

Rhea-AI Summary
Silver Elephant Mining Corp. has begun mining silver oxide materials and delivering them to Andean Precious Metals Corp. The company has accelerated the timetable for Phase 2 Paca sulphide development, aiming to start mining and trucking materials to milling plants for sale in early 2024.
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Silver Elephant Renewed DEIA License to Restart Ulaan Ovoo Operation

Rhea-AI Summary
Silver Elephant Mining Corp. successfully renews DEIA license for Ulaan Ovoo coal operations.
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21.05%
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Silver Elephant Announces the Sale of up to 800,000 Tonnes of Paca's Silver Oxide Materials to Andean Precious Metals Corp.

Rhea-AI Summary
Silver Elephant Mining Corp. announces exclusive sales agreement for silver-bearing oxide materials from Paca project in Bolivia
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Silver Elephant Closes Private Placement for Gross Proceeds of $192,000

Rhea-AI Summary
Silver Elephant Mining Corp. has closed the first tranche of its private placement offering, issuing 639,999 Units for gross proceeds of $192,000. Each Unit consists of one common share and one-half of a share purchase warrant. A finder's fee of $210 was paid, and the Executive Chairman subscribed for 180,000 Units. The securities issued are subject to a regulatory hold period until December 18, 2023. The proceeds will be used for mineral project development and working capital.
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Silver Elephant Announces Sale of its Non Core Titan Project for an Aggregate of $1,290,000 in Cash and Cachee Shares

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Silver Elephant Announces Delay In Financial Filings For the 15 months Ended March 31, 2023 and Cease Trade Order

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8.7%
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Silver Elephant Announces Private Placement Offering of Up To 2,500,000 Units for Gross Proceeds of Up To $750,000

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Stock SILEF logo
Silver Elephant Mining Corp.

OTC:SILEF

SILEF Rankings

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SILEF Stock Data

9.20M
31.59M
3.62%
Bituminous Coal and Lignite Surface Mining
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Vancouver

About SILEF

prophecy development corp. is a toronto stock exchange-listed (tsx: pcy) canadian company focusing on mining and energy projects in mongolia, bolivia and canada.