Silver Elephant Mining Corp 6-K, filed Feb 1, 2021
Silver Elephant Mining Corp. (SILEF)
6-K
2021-02-01
For: 2021-02-01
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Added on
April 06, 2026
About this 6-K
Silver Elephant Mining Corp filed this 6-K on February 1, 2021.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form
6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 or 15d-16 UNDER
THE
SECURITIES EXCHANGE ACT OF 1934
For the
month of February
2021
Commission
File Number 000-55985
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SILVER ELEPHANT MINING CORP.
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(Translation
of registrant’s name into English)
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Suite 1610 – 409 Granville Street
Vancouver, British Columbia, Canada V6C 1T2
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(Address
of principal executive offices)
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Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F
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Form
20-F
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☒
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Form
40-F
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☐
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule 101(b)(1):
☐
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Note: Regulation S-T Rule 101(b)(1) only permits
the submission in paper of a Form 6-K if submitted solely to
provide an attached annual report to security holders.
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Indicate
by check mark if the registrant is submitting the Form 6-K in paper
as permitted by Regulation S-T Rule
101(b)(7): ☐
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Note: Regulation S-T Rule 101(b)(7) only permits
the submission in paper of a Form 6-K if submitted to furnish
a report or other document that the registrant foreign private
issuer must furnish and make public under the laws of the
jurisdiction in which the registrant is incorporated, domiciled or
legally organized (the registrant’s “home
country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the
report or other document is not a press release, is not required to
be and has not been distributed to the registrant’s security
holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on
EDGAR.
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SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
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SILVER
ELEPHANT MINING CORP.
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Date: February 1,
2021
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By:
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/s/
Brigitte McArthur
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Brigitte
McArthur
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Corporate
Secretary
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INDEX TO EXHIBITS
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News
Release dated February 1, 2021
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Exhibit 99.1
Silver Elephant Announces Private Placement Offering
of Up To 10,000,000 Common Shares
for Gross Proceeds of Up To $3,750,000
Vancouver, British Columbia, February 1, 2021 – Silver
Elephant Mining Corp. (“Silver Elephant” or the
“Company”) (TSX: ELEF,
OTCQX:SILEF, Frankfurt:1P2N) announces that, subject to the
approval of the Toronto Stock Exchange (the “TSX”), it proposes to
undertake a non-brokered private placement (the “Placement”) of up to 10 million
common shares of the Company (the “Shares”) at a price of $0.375 per
Share to raise aggregate gross proceeds of up to
$3,750,000.
The
Shares will be subject to a hold period of four months plus one day
from the date of issue.
Closing of the Placement is expected to occur on or about February
8, 2021.
The
Company may pay finder’s fees in cash or Shares, in certain
instances in connection with the Placement and in accordance with
the policies of the TSX.
Proceeds
of the Placement are expected to be used for exploration, working
capital and general corporate purposes which may include project
evaluations and acquisitions.
The
Placement and payment of any finder’s fees are subject to the
approval of the TSX and other customary closing
conditions.
This
news release does not constitute an offer to sell or a solicitation
of an offer to buy any of the securities in the United States. The
securities have not been and will not be registered under the
United States Securities Act of 1933, as amended (the
“U.S. Securities
Act”) or any state securities laws and may not be
offered or sold within the United States unless registered under
the U.S. Securities Act and applicable state securities laws or an
exemption from such registration is available.
About Silver Elephant
Silver
Elephant Mining Corp. is a premier mining and exploration company
of energy metals.
Further information on Silver Elephant can be found at
www.silverelef.com.
SILVER ELEPHANT MINING CORP.
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
ir@silverelef.com www.silverelef.com
Neither the Toronto Stock Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the Toronto
Stock Exchange) accepts responsibility for the adequacy or accuracy
of this release.
Cautionary Note Regarding Forward-Looking Statements
Certain
statements contained in this news release, including statements
which may contain words such as “expects”,
“anticipates”, “intends”,
“plans”, “believes”,
“estimates”, or similar expressions, and statements
related to matters which are not historical facts, are
forward-looking information within the meaning of applicable
securities laws. Such forward-looking statements, which reflect
management’s expectations regarding Silver Elephant’s
future growth, results of operations, performance, business
prospects and opportunities, are based on certain factors and
assumptions and involve 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
statements.
These factors should be considered carefully, and readers should
not place undue reliance on the Silver Elephant’s
forward-looking statements. Silver Elephant believes that the
expectations reflected in the forward-looking statements contained
in this news release and the documents incorporated by reference
herein are reasonable, but no assurance can be given that these
expectations will prove to be correct. In addition, although Silver
Elephant has attempted to identify important factors that could
cause actual actions, events or results to differ materially from
those described in forward looking statements, there may be other
factors that cause actions, events or results not to be as
anticipated, estimated or intended. Silver Elephant undertakes no
obligation to release publicly any future revisions to
forward-looking statements to reflect events or circumstances after
the date of this news or to reflect the occurrence of unanticipated
events, except as expressly required by law.