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Silver Elephant Mining ( (TSE:ELEF) ) has shared an update.
Silver Elephant Mining Corp. has increased its non-brokered private placement to $465,000, involving the issuance of 3,100,000 units at $0.15 per unit. Each unit comprises one common share and a warrant for additional shares, with the increase pending Toronto Stock Exchange approval. This expansion in funding could enhance the company’s financial position, potentially impacting its operational capabilities and market standing.
More about Silver Elephant Mining
Silver Elephant Mining Corp. is a mineral exploration company focused on projects in Bolivia, including the Paca silver project and Triunfo gold project.
YTD Price Performance: -13.16%
Average Trading Volume: 85,780
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.08M
For a thorough assessment of ELEF stock, go to TipRanks’ Stock Analysis page.
