Silver Elephant Mining Corp (TSE:ELEF) has released an update.
Silver Elephant Mining Corp. has expanded its investment portfolio by purchasing 3,500,000 units of Oracle Commodity Holding Corp. for $175,000. This acquisition boosts Silver Elephant’s ownership in Oracle to 35.82% of the issued shares, and, including warrants, could potentially rise to 38.03% if exercised. Silver Elephant obtained necessary TSX approval for this transaction and may consider further adjustments to its holdings based on market developments.
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