Silver Elephant Mining (TSE:ELEF) has released an update.
Silver Elephant Mining Corp. has successfully completed the second and final tranche of its private placement, raising $78,362 to support its Paca silver project and for general corporate use. The private placement involved the sale of 163,254 units at $0.48 each, with each unit including a share and a warrant to buy another share at $0.70 within three years. CEO John Lee participated in the placement, which is compliant with regulatory guidelines and does not involve any finder’s fees.
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