financetom
Forex World Market Business Cryptocurrency Commodities MAP
financetom
Business
financetom
/
Business
/
Silver Elephant Mining Raises $1.1 Million in First Tranche of a Private Placement Financing
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Silver Elephant Mining Raises $1.1 Million in First Tranche of a Private Placement Financing
Jul 25, 2024 2:00 PM

04:38 PM EDT, 07/25/2024 (MT Newswires) -- Silver Elephant Mining ( SILEF ) on Thursday said it raised $1.11 million in the first tranche of a private placement of share units.

The company said it placed 2.3-million units, in the tranche, with each priced at $0.48 and made up of a share and a three-year warrant to buy a second share for $0.70..

Silver Elephant will use the proceeds to commission phase-one sulphide operations at its Paca silver project in Bolivia, and for general corporate purposes.

The company's shares closed down $0.01 to $0.465 on the Toronto Stock Exchange.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Vigyos Centre raises seed funding from Japanese investors
Vigyos Centre raises seed funding from Japanese investors
Apr 1, 2023
The company provides a dashboard to all the customers, that provides them access to the loan status, disbursed amount, loan repaying terms, taxation status, reminders around tax filing and many other features.
Yulu and Zomato announce tie-up for last-mile deliveries
Yulu and Zomato announce tie-up for last-mile deliveries
Apr 3, 2023
As part of the project, Yulu will provide about 25,000 - 35,000 Yulu DeX to the delivery partners onboarded on Zomato’s platform for last-mile deliveries on custom-made rental plans. Once deployed, these 25,000+ Yulu DeX have the potential of serving 3 Lakh green deliveries every day by 2026, the company said.
 Veranda Learning, XLRI join hands to launch executive diploma in advanced business strategies
Veranda Learning, XLRI join hands to launch executive diploma in advanced business strategies
Apr 3, 2023
The one-year program, commencing on July 29, 2023, will be conducted in a hybrid mode via a combination of on-campus sessions and live classes online, Veranda Learning Solution said in a statement. The company added that the classes, during the course, will be held every Wednesday and Saturday from 6.45 pm to 9.45 pm Indian Standard Time (IST).
 Kirit Parikh remains hopeful of recommendations being approved by the cabinet: Exclusive transcript
Kirit Parikh remains hopeful of recommendations being approved by the cabinet: Exclusive transcript
Apr 3, 2023
While Parikh is against doing anything retrospectively, he remains hopeful that a majority of the recommendations put forth by his committee, would be accepted by the cabinet.
About
Terms and Conditions Privacy policy Cookie Settings Contact Us
Services
Login register
financetom Market Personal Finance Business Economy Cryptocurrency MAP
Links
zpostcode Recruit weather mreligion Yellowpages sport constellation shopping name game directory literature Word tour furnish Lottery tftnews lyrics News digital car dir Edu Finance
Copyright 2023-2025 - www.financetom.com All Rights Reserved