Silver Elephant Mining Corp 6-K, filed Mar 20, 2020
Silver Elephant Mining Corp. (SILEF)
6-K
2020-03-20
For: 2020-03-20
View Original
Added on
April 06, 2026
About this 6-K
Silver Elephant Mining Corp filed this 6-K on March 20, 2020.
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 March
2020
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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1
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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/s/ Brigitte
McArthur
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Date:
March 20, 2020
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Brigitte McArthur
Corporate Secretary
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INDEX TO EXHIBITS
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News
Release dated March 20, 2020
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3
Exhibit 99.1
Early Warning Report
Vancouver, British Columbia, March 20, 2020 – Silver Elephant
Mining Corp. (formerly
“Prophecy Development Corp.”) (“Silver
Elephant” or
the “Company”) (TSX:
ELEF, OTCQX:PRPCF, Frankfurt:1P2N) announces that John Lee, of 26th Floor,
Beautiful Group Tower, 77 Connaught Road Central, Hong
Kong, Executive Chairman of the
Company, disposed:
●
250,000
shares in the public market on March 13, 2020;
●
495,000 shares in the public market on March 16,
2020; and
●
3,000,000
shares in the public market on March 18, 2020;
(collectively, the “Transactions”).
Prior to the Transactions, Mr.
Lee beneficially owned and exercised control over an aggregate of
13,478,211 shares, representing approximately 10.97% of the issued
and outstanding shares of the Company at the time.
As a result of the Transactions, Mr. Lee beneficially owns and
exercises control over an aggregate of 9,733,211 shares
representing an interest of approximately 7.92% of the
Company’s currently issued and outstanding shares, and 16.13%
of the Company’s shares on a fully diluted basis assuming
exercise of all of the Company’s outstanding options and
share purchase warrants.
Generally, Mr. Lee intends to evaluate his investment in the
Company and to increase or decrease his shareholdings as
circumstances require, depending on market conditions and other
factors, through market transactions, private agreements or
otherwise.
A copy of the early warning report pursuant to National Instrument
62-103 required to be filed with the applicable securities
commissions in connection with the acquisition of the shares
described in this news release will be available for viewing under
the Company’s profile at www.sedar.com.
About Silver Elephant
Silver
Elephant is developing its premier Pulacayo silver project in
Bolivia. Further information on Prophecy 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.