Silver Elephant Provides Early Warning Disclosure on Disposition of Oracle Commodity Holding Corp. Common Shares

Vancouver, British Columbia--(Newsfile Corp. - April 16, 2026) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQB: SILEF) (FSE: 1P2) ("Silver Elephant" or the "Company") announces the disposition of an aggregate of 750,946 common shares of Oracle Commodity Holding Corp. (TSXV: ORCL) ("Oracle"), completed on April 6 and April 7, 2026 ("Common Shares"). The Common Shares were sold through the facilities of the TSX Venture Exchange at $0.04 per Common Share for total consideration of $30,037.84 (the "Transaction").