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ELEF.TO ·

Silver Elephant Appoints Vice President Legal

Management Changes

Silver Elephant Appoints Vice President Legal

Vancouver, British Columbia, October 10, 2025 — Silver Elephant Mining Corp. (“ Silver

Elephant ” or the “ Company ”) (TSX: ELEF, OTCQB: SILEF, Frankfurt: 1P2) is ple ased to

announce the appointment of Stephanie Lee as its Vi ce President Legal, effective October 10,

2025.

Ms. Lee is a Canadian-qualified lawyer with eight y ears of experience in corporate finance,

securities and corporate governance with a primary focus on clients in the mining and natural

resources sector. She joins Silver Elephant from private practice at a national law firm, where she

advised public and private issuers on financings, d isclosure, mergers and acquisitions and

regulatory compliance.

In her new role, Ms. Lee will oversee the Company’s legal affairs and provide strategic counsel

to support its operations and growth initiatives across its project portfolio.

The Company also announces that Alex Bayer will ste p down as the Company’s Chief Legal

Officer effective October 25, 2025. The Company thanks Mr. Bayer for his valuable contributions

during his tenure with the Company. Mr. Bayer will remain available to the Company as a

consultant.

About Silver Elephant Mining Corp.

Silver Elephant is a mineral exploration company with gold and silver projects in Bolivia.

Further information on Silver Elephant can be found at www.silverelef.com .

SILVER ELEPHANT MINING CORP.

ON BEHALF OF THE BOARD

“John Lee”

CEO and Executive Chairman

For more information about Silver Elephant, please contact Investor Relations:

+1.604.569.3661

[email protected]

www.silverelef.com

FORWARD-LOOKING INFORMATION

This news release contains “forward-looking informa tion” and “forward-looking statements”

(collectively, “forward-looking information”) withi n the meaning of applicable securities laws.

Forward-looking information is generally identifiable by use of the words “believes,” “may,” “plans,”

“will,” “anticipates,” “intends,” “could”, “estimat es”, “expects”, “forecasts”, “projects” and similar

expressions, and the negative of such expressions. Such forward-looking information, which

reflects management’s expectations regarding Silver Elephant’s future growth, results of

operations, performance, business prospects and opportunities, is based on certain factors and

assumptions and involves known and unknown risks an d uncertainties which may cause the

actual results, performance, or achievements to be materially different from future results,

performance, or achievements expressed or implied by such forward-looking information.