Silver Elephant Mining Corp 6-K, filed Apr 15, 2020
Silver Elephant Mining Corp. (SILEF)
6-K
2020-04-15
For: 2020-04-15
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Added on
April 06, 2026
About this 6-K
Silver Elephant Mining Corp filed this 6-K on April 15, 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 April
2020
Commission
File Number 000-55985
SILVER ELEPHANT MINING CORP.
(Translation
of registrant’s name into English)
Suite 1610 – 409 Granville Street
Vancouver, British Columbia, Canada V6C 1T2
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F
Form
20-F ☒
Form 40-F ☐
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):
☐
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.
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): ☐
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.
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: April 15,
2020
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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
News Release dated
April 15, 2020
Exhibit 99.1
Silver Elephant Announces $1,820,000 Private Placement
Vancouver, British Columbia, April 15, 2020 – Silver Elephant
Mining Corp. (“Silver
Elephant” or the
“Company”) (TSX:
ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces that it is undertaking a non-brokered
private placement (the “Placement”)
involving the issuance of up to 14 million units (each
a “Unit”)
at a price of $0.13 per Unit. Each Unit will consist of one Common
share in the capital of the Company (a “Share”)
and one Share purchase warrant (a “Warrant”).
Each Warrant entitles the holder to acquire an additional Share at
a price of $0.16 per Share for a period of three years from the
date of issuance.
The Company expects to raise total cash proceeds of up to
$1,820,000 to be used to develop the Company’s mineral
projects and for general working capital purposes.
The Shares will be subject to a minimum hold period of four months
plus one day from the date of issue. Finder’s fees may be
paid in cash or Units, in certain instances in connection with the
Placement.
The Placement and payment of any finder’s fees are subject to
the approval of the TSX and other customary closing
conditions.
About Silver Elephant
Silver
Elephant is developing its premier Pulacayo silver project in
Bolivia. Further information on Silver Elephant can be found at
www.silverelef.com.
SILVER ELEPHANT MINING CORP.
ON
BEHALF OF THE BOARD
“Michael Doolin”
Chief
Executive Officer
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.