Silver Elephant Closes 1st Tranche of Non-Brokered Private Placement Raising Gross Proceeds of $198,450
Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) has closed the first tranche of its non-brokered private placement, raising gross proceeds of $198,450. The company sold 405,000 units at a price of $0.49 per unit. Each unit consists of one common share and one share purchase warrant, allowing the holder to purchase an additional share at $0.55 for three years from issuance.
The securities issued will be subject to a four-month plus one day regulatory hold period. Proceeds are expected to be used for general corporate purposes. Silver Elephant paid a finder's fee to Canaccord Genuity Corp. through the issuance of 4,900 units.
Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) ha chiuso la prima tranche della sua collocazione privata non mediata, raccogliendo proventi lordi di $198.450. L'azienda ha venduto 405.000 unità a un prezzo di $0,49 per unità. Ogni unità consiste in un'azione comune e un warrant di acquisto azionario, che consente all'intestatario di acquistare un'azione aggiuntiva a $0,55 per tre anni dalla data di emissione.
I titoli emessi saranno soggetti a un periodo di restrizione regolamentare di quattro mesi più un giorno. I proventi si prevede siano utilizzati per scopi aziendali generali. Silver Elephant ha pagato una commissione di intermediazione a Canaccord Genuity Corp. attraverso l'emissione di 4.900 unità.
Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) ha cerrado la primera tranche de su colocación privada no mediada, recaudando ingresos brutos de $198,450. La compañía vendió 405,000 unidades a un precio de $0.49 por unidad. Cada unidad consiste en una acción ordinaria y un warrant de compra de acciones, que permite al titular comprar una acción adicional a $0.55 por tres años a partir de la emisión.
Los valores emitidos estarán sujetos a un período de retención regulatoria de cuatro meses más un día. Se espera que los ingresos se utilicen para fines corporativos generales. Silver Elephant pagó una comisión a Canaccord Genuity Corp. a través de la emisión de 4,900 unidades.
실버 엘리펀트 마이닝 코프(Silver Elephant Mining Corp.) (TSX: ELEF) (OTCQB: SILEF)가 첫 번째 트랜치를 종료했습니다, 비중개 방식의 사모 배정으로 총 198,450달러의 수익을 올렸습니다. 이 회사는 405,000 유닛을 유닛당 $0.49의 가격에 판매했습니다. 각 유닛은 하나의 보통주와 하나의 주식 매입 워런트로 구성되어 있으며, 이는 보유자가 발행일로부터 3년 동안 $0.55에 추가 주식을 구매할 수 있게 합니다.
발행한 증권은 4개월 및 1일의 규제 보유 기간에 따를 것입니다. 수익은 일반 기업 목적에 사용될 예정입니다. 실버 엘리펀트는 Canaccord Genuity Corp.에 4,900 유닛 발행을 통해 중개 수수료를 지급했습니다.
Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) a clôturé la première tranche de son placement privé non-intermédié, levant un produit brut de 198 450 $. La société a vendu 405 000 unités à un prix de 0,49 $ par unité. Chaque unité se compose d'une action ordinaire et d'un bon de souscription, permettant au détenteur d'acheter une action supplémentaire à 0,55 $ pendant trois ans à compter de l'émission.
Les titres émis seront soumis à une période de blocage réglementaire de quatre mois plus un jour. Les produits devraient être utilisés pour des fins corporatives générales. Silver Elephant a versé une commission à Canaccord Genuity Corp. par le biais de l'émission de 4 900 unités.
Die Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) hat die erste Tranche abgeschlossen ihrer nicht vermittelten Privatplatzierung und brutto Einnahmen von 198.450 $ erzielt. Das Unternehmen verkaufte 405.000 Einheiten zu einem Preis von 0,49 $ pro Einheit. Jede Einheit besteht aus einer Stammaktie und einem Aktienoptionsschein, der dem Inhaber das Recht gibt, eine zusätzliche Aktie zu einem Preis von 0,55 $ für drei Jahre ab Ausstellungsdatum zu kaufen.
Die ausgegebenen Wertpapiere unterliegen einer viermonatigen plus einem Tag-regulatorischen Sperrfrist. Es wird erwartet, dass die Einnahmen für allgemeine Unternehmenszwecke verwendet werden. Silver Elephant zahlte eine Findergebühr an Canaccord Genuity Corp. durch die Ausgabe von 4.900 Einheiten.
- Raised $198,450 in gross proceeds through private placement
- Each unit includes a warrant for additional share purchase, potentially increasing future capital
- Small capital raise may indicate investor interest or funding challenges
- Issuance of new shares and warrants may lead to potential dilution for existing shareholders
Vancouver, British Columbia--(Newsfile Corp. - October 18, 2024) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that, further to its news release dated October 7, 2024, it has closed the first tranche of its non-brokered private placement (the "Private Placement") raising gross proceeds of
Each unit consists of one common share of the Company ("Share") and one share purchase warrant with each warrant (the "Warrant") entitling the holder to purchase one additional Share at a price of
The securities issued as part of 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 Company paid a finder's fee to Canaccord Genuity Corp. in connection with a portion of the Private Placement by way of issuance of 4,900 Units.
About Silver Elephant Mining Corp.
Silver Elephant is a silver mining company, with its flagship Pulacayo-Paca silver project in production since October 2023 in Bolivia.
Further information on Silver Elephant can be found at www.silverelef.com.
ON BEHALF OF THE BOARD
"John Lee"
Executive Chairman
For more information about Silver Elephant, please contact Investor Relations:
+1.604.569.3661 ext. 101
info@silverelef.com
www.silverelef.com
Neither the TSX nor its Regulation Services Provider (as that term is defined in policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227136
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