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Silver Elephant Closes Second and Final Tranche of Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - February 13, 2026) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that it has closed the second and final tranche of its previously announced non-brokered private placement (the "Private Placement"), further to its news releases dated January 19, 2026, January 23, 2026 and February 3, 2026, raising gross proceeds of $260,000 through the sale of 1,040,000 units (the "Units") at a price of $0.25 per Unit. Together with the first tranche closing on January 23, 2026, Silver Elephant has raised a gross total of $825,000.

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Silver Elephant Resumes Trucking from Apuradita Silver Mining Operation

Vancouver, British Columbia--(Newsfile Corp. - February 5, 2026) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that it has resumed trucking of silver-bearing mineralized material from the Company's on-going Paca Apuradita Mining Project ("Apuradita") to a designated toll-mill plant in Bolivia. The trucking was temporarily suspended due to shortage of diesel fuel and rainy weather.

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Silver Elephant Increases Non-Brokered Private Placement to $825,000

Vancouver, British Columbia--(Newsfile Corp. - February 3, 2026) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that it has increased the size of its non-brokered private placement (the "Private Placement") previously announced in its news releases of January 19, 2026 and January 23, 2026, to an aggregate of up to 3,300,000 units (each, a "Unit") at a price of $0.25 per Unit, for gross proceeds of up to $825,000. Each Unit consists of one common share of the Company (each, a "Share") and one share purchase warrant (each, a "Warrant"), with each Warrant entitling the holder to purchase one additional Share at a price of $0.32 per Share for a period of three years from the date of issuance.

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Silver Elephant Receives Favorable Arbitration Award in Dispute with Andean Precious Metals

Vancouver, British Columbia--(Newsfile Corp. - January 28, 2026) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that it has received a favorable arbitration award in its dispute with Andean Precious Metals Corp. ("Andean") arising from a contractual dispute under the parties' Master Services Agreement ("MSA") and related sales and purchase agreement executed on September 11, 2023. As previously disclosed in its news release dated February 27, 2025, Silver Elephant delivered a dispute notice to Andean under the MSA, which led to the commencement of the arbitration proceedings.

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Silver Elephant Announces Favorable Tax Tribunal Ruling in Mongolia

Vancouver, British Columbia--(Newsfile Corp. - January 28, 2026) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that the Mongolian Tax Tribunal (the "Tribunal") has issued a decision dismissing and cancelling a supplementary tax assessment issued to its subsidiary, Redhill Mongolian LLC ("Redhill"), by the Mongolian tax authorities. The supplementary tax assessment, issued on September 11, 2024, alleged MNT 63.8 billion (approximately CAD 24.6 million) in corporate income tax, value-added tax and related penalties and interest, as a result of the Company's internal restructuring of its Mongolian subsidiaries in 2021.

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Silver Elephant Closes First Tranche of Non-Brokered Private Placement for Gross Proceeds of $565,000

Vancouver, British Columbia--(Newsfile Corp. - January 23, 2026) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE:1P2) ("Silver Elephant" or the "Company") announces that, further to its news release dated January 19, 2026, it has closed the first tranche of its non-brokered private placement (the "Private Placement") raising gross proceeds of $565,000 through the sale of 2,260,000 units (the "Units") at a price of $0.25 per unit. Each Unit consists of one common share of the Company (each, a "Share") and one share purchase warrant (each, a "Warrant") with each warrant entitling the holder to purchase one additional Share at a price of $0.32 per Share for a period of three years from issuance.

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Silver Elephant Announces a $625,000 Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - January 19, 2026) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") to raise gross proceeds of $625,000 through the sale of 2,500,000 units (the "Units") at a price of $0.25 per unit. Each Unit consists of one common share of the Company (each, a "Share") and one share purchase warrant with each warrant (each, a "Warrant") entitling the holder to purchase one additional Share at a price of $0.32 per Share for a period of three years from issuance.

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Silver Elephant Closes Second and Final Tranche of Non-Brokered Private Placement Raising Gross Proceeds of $85,000

Vancouver, British Columbia--(Newsfile Corp. - December 29, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE:1P2) ("Silver Elephant" or the "Company") announces that, further to its news releases dated December 2, 2025 and December 12, 2025, it has closed the second and final tranche of its non-brokered private placement (the "Private Placement") raising gross proceeds of $85,000 through the sale of 340,000 units (the "Units") at a price of $0.25 per Unit. Each Unit consists of one common share of the Company (a "Share") and one share purchase warrant (a "Warrant") with each warrant entitling the holder to purchase one additional Share at a price of $0.30 per Share for a period of three years from issuance.

newsfilecorp.com

Silver Elephant Closes First Tranche of Non-Brokered Private Placement for Gross Proceeds of $290,000

Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that, further to its news release dated December 2, 2025, it has closed the first tranche of its non-brokered private placement (the "Private Placement") raising gross proceeds of $290,000 through the sale of 1,160,000 units (the "Units") at a price of $0.25 per unit. Each Unit consists of one common share of the Company (each, a "Share") and one share purchase warrant (each, a "Warrant") with each warrant entitling the holder to purchase one additional Share at a price of $0.30 per Share for a period of three years from issuance.

newsfilecorp.com

Silver Elephant Announces a $375,000 Non-Brokered Private Placement

Vancouver, British Columbia--(Newsfile Corp. - December 2, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") to raise gross proceeds of $375,000 through the sale of 1,500,000 units (the "Units") at a price of $0.25 per unit. Each Unit consists of one common share of the Company (each, a "Share") and one share purchase warrant with each warrant (each, a "Warrant") entitling the holder to purchase one additional Share at a price of $0.30 per Share for a period of three years from issuance.

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Silver Elephant Updates on Arbitration Proceedings Against Andean Precious Metals to Collect US$1,000,000 Plus Fees

Vancouver, British Columbia--(Newsfile Corp. - November 19, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to report that the five-day hearing for its arbitration case against Andean Precious Metals Corp. ("Andean") was completed on November 7, 2025. As disclosed in the Company's news release dated February 27, 2025 and April 2, 2025, the proceedings relate to Andean's failure to pay US$1,000,000 (the "Additional Consideration") to Silver Elephant under the Master Services Agreement ("MSA") and Sales and Purchase Agreement ("SPA") executed on September 11, 2023.

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Silver Elephant Completes First High-Grade Silver Concentrate Sale from Apuradita Mining Operation

Vancouver, British Columbia--(Newsfile Corp. - November 19, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce that it has completed its first silver-lead concentrate sale from the Company's Apuradita Paca Mining Project ("Apuradita") in Bolivia, marking an important milestone that demonstrates the marketability of Apuradita metals concentrate product. The first 29.8-tonne silver-lead concentrate shipment was completed in November 2025 at US$47.4/oz silver and US$0.90/lb lead prices, with additional shipments planned on a monthly schedule.

newsfilecorp.com

Silver Elephant Closes Second and Final Tranche of Non-Brokered Private Placement Raising Gross Proceeds of $445,411

Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE:1P2) ("Silver Elephant" or the "Company") announces that, further to its news release dated September 4, 2025 and September 17, 2025, it has closed the second and final tranche of its non-brokered private placement (the "Private Placement") raising gross proceeds of $445,411 through the sale of 2,783,824 units (the "Units") at a price of $0.16 per unit. Each Unit consists of one common share of the Company (a "Share") and one share purchase warrant (a "Warrant") with each warrant entitling the holder to purchase one additional Share at a price of $0.20 per Share for a period of three years from issuance.

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Silver Elephant Appoints Vice President Legal

Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce the appointment of Stephanie Lee as its Vice President Legal, effective October 10, 2025. Ms. Lee is a Canadian-qualified lawyer with eight years of experience in corporate finance, securities and corporate governance with a primary focus on clients in the mining and natural resources sector.

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Silver Elephant Delivers Over 1,200 Tonnes to Toll Mill and Expects Silver Concentrate Shipment in October 2025

Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce that toll milling of silver-bearing material from the Company's Apuradita Paca Project ("Apuradita") in Bolivia has commenced. To date, over 1,200 tonnes of silver-bearing material have been delivered to the toll-milling facility.

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Silver Elephant Reports Shareholder Meeting Results

Vancouver, British Columbia--(Newsfile Corp. - September 25, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") is pleased to announce that all resolutions put forward at the Annual General & Special Meeting (the "Meeting") of the Company's shareholders held on September 25, 2025, as described in the Company's information circular dated August 15, 2025 (the "Circular"), were approved. A summary of the results is set out below: Number of Directors: set the number of directors at four (4).

newsfilecorp.com

Silver Elephant Increases Previously Announced Non-Brokered Private Placement to $735,200

Vancouver, British Columbia--(Newsfile Corp. - September 24, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that it proposes to amend the terms of the non-brokered private placement (the "Private Placement") originally announced on September 4, 2025. The Private Placement will be increased to raise gross proceeds of $735,200 through the sale of 4,595,000 units (the "Units") at a price of $0.16 per unit.

newsfilecorp.com

Silver Elephant Closes First Tranche of Non-Brokered Private Placement Raising Gross Proceeds of $264,308

Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that, further to its news release dated September 4, 2025, it has closed the first tranche of its non-brokered private placement (the "Private Placement") raising gross proceeds of $264,308 through the sale of 1,651,926 units (the "Units") at a price of $0.16 per unit. Each Unit consists of one common share of the Company (a "Share") and one share purchase warrant (a "Warrant") with each warrant entitling the holder to purchase one additional Share at a price of $0.20 per Share for a period of three years from issuance.

newsfilecorp.com

Silver Elephant Early Warning Report

Vancouver, British Columbia--(Newsfile Corp. - September 17, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that on September 15, 2025, it sold an aggregate of 3,500,000 common shares in the capital of Oracle Commodity Holding Corp. ("Oracle") through the facilities of the TSX Venture Exchange for total consideration of $87,500 (the "Oracle Share Sale"). Prior to the Oracle Share Sale, Silver Elephant held 15,700,110 Oracle common shares, representing approximately 15.11% of Oracle's issued and outstanding common shares.

newsfilecorp.com

Silver Elephant Early Warning Report

Vancouver, British Columbia--(Newsfile Corp. - September 5, 2025) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces that on September 3, 2025 and September 4, 2025, it sold an aggregate of 5,000,000 common shares in the capital of Oracle Commodity Holding Corp. ("Oracle") through the facilities of the TSX Venture Exchange for total consideration of $90,000 (the "Oracle Share Sale"). Prior to the Oracle Share Sale, Silver Elephant held 20,700,110 Oracle common shares, representing approximately 19.92% of Oracle's issued and outstanding common shares.

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