VANCOUVER, BC / ACCESSWIRE / January 12, 2022 / Silver Elephant Mining Corp. (“Silver Elephant”) or the “The Company”) (TSX: ELEF) (OTCQX: SILEF) (Frankfurt: 1P2N) Announces In addition to the press release dated January 12, 2022 regarding the effective date of the arrangement plan, trading of the Company’s common stock on a post-arrangement and post-consolidation basis will begin on Tuesday, January 18, 2022 or later. The date that TSX may specify. The company will issue another press release to confirm the date that the common stock will begin trading on a post-arrangement and post-consolidation basis.
Silver Elephant confirms that until this date, which will be after the effective date of January 14, 2022, the common stock will continue to trade in TSX on a pre-arranged and pre-consolidation basis. Then on this date the previously accumulated shares will be subject to exchange in the order as follows:
The consolidated ordinary shares will be exchanged on the basis of 10 pre-consolidation ordinary shares held for:
One common share after consolidation of the company;
One common share of Flying Nickel Mining Corp. (“Flying nickel“);
One common share of Nevada Vanadium Mining Corp. (“Nevada vanadium“); And
Two common shares of Battery Metals Royalties Corp. (“battery metal“).
For more information regarding the arrangement, readers should refer to the company’s management information bulletin prepared in connection with the meeting, a copy of which is available at www.sedar.com and silverelef.com. More information on Silver Elephant, Flying Nickel, Nevada Vanadium and Battery Metals can be found at www.silverelef.com, flynickel.com, nevadavanadium.com and royalbatt.com, respectively.
Silver Elephant Mining Company.
On behalf of the Council
chief executive officer
For more information about the Silver Elephant, please contact Investor Relations:
+1.604.569.3661 ext. 101
Neither the Toronto Stock Exchange nor the Regulatory Services Provider (as defined in the Toronto Stock Exchange policies) accept responsibility for the adequacy or accuracy of this statement.
Cautionary note regarding forward-looking statements
Certain statements in this press release, including statements that may contain words such as “expect,” “expect,” “intend,” “plan,” “believe,” “estimate,” or similar phrases, and statements regarding matters that Not historical facts, but rather forward-looking information within the meaning of applicable securities laws. These forward-looking statements, which include statements regarding completion of the arrangement, the issuance of a TSX trading prospectus in connection with the arrangement and settlement of securities in beneficial shareholder accounts, are based on certain factors and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or achievements to differ materially. material future results, performance or achievements expressed or implied by these forward-looking statements.
These factors should be carefully considered, and readers should not rely excessively on Silver Elephant’s forward-looking statements. Silver Elephant believes that the expectations reflected in the forward-looking statements contained in this news release are reasonable, but no assurance can be given that such expectations are correct. In addition, although Silver Elephant attempts to identify significant factors that could cause actual actions or events to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to not be expected as expected or estimated. or seminal. Silver Elephant does not undertake to publicly disclose any future revisions of forward-looking statements to reflect events or circumstances after the date of this news or to reflect the occurrence of unexpected events, except as expressly required by law.
None of the securities to be issued pursuant to a Flying Nickel Offer have been or will be registered under the United States Securities Act of 1933, as amended (“US Securities Act“), or any government securities laws, and any securities that are issueable in the transaction that are expected to be issued in reliance on exemptions available from these registration requirements pursuant to Section 3(a) (10) of the US Securities Act and applicable state exemptions. Securities Laws – This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities.
source: Silver Elephant Mining Company.
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