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Silver Elephant Mining ( (TSE:ELEF) ) has issued an announcement.
Silver Elephant Mining Corp. has announced an increase in its non-brokered private placement to $420,000, closing the first tranche with proceeds of $330,000. The funds from this initiative are expected to support general corporate purposes. This strategic financial move signifies the company’s efforts to bolster its capital, potentially enhancing its market position and operations within the mineral exploration sector.
More about Silver Elephant Mining
Silver Elephant Mining Corp. is a mineral exploration company primarily involved in the Paca silver project and the Triunfo gold project, both located in Bolivia.
YTD Price Performance: -21.05%
Average Trading Volume: 80,636
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$5.7M
For an in-depth examination of ELEF stock, go to TipRanks’ Stock Analysis page.