Silver Elephant Mining Corp. Announces Management Appointments

Silver Elephant Mining Corp. Announces

Management Appointments

Vancouver, British Columbia, August 10, 2022 – Silver Elephant Mining Corp. (“Silver

Elephant” or the “Company”) (TSX:ELEF, OTCQX:SILEF, Frankfurt:1P2N) announces the

following management appointments:

Qualified Person: Joaqiun Merino, P.Geo who was previously the Company’s Vice- President of

South America Operations, replacing Daniel Oosterman who tendered his resignation as the

Company’s Vice-President of Exploration

Corporate Secretary: Nadia Traversa, replacing Cindy Waterman.

Corporate Solicitor: MLT Aikins. Ryan Coombes tendered his resignation as Chief Legal Officer.

About Silver Elephant

Silver Elephant Mining Corp. is a premier silver mining and exploration company which also

owns 100% of Mega Coal and 39% of Battery Metals Royalties Corp.

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

SILVER ELEPHANT MINING CORP.

ON BEHALF OF THE BOARD

“John Lee”

Executive Chairman

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this

release.

Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release, including statements which may contain words such as

“expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, and statements

related to matters which are not historical facts are forward- looking information within the meaning of

applicable securities laws. Such forward- looking statements, which reflect management’s expectations

regarding Company’s future growth, resu lts of operations, performance, and business prospects and

opportunities, are based on certain factors and assumptions and involve known and unknown risks and

uncertainties which may cause the actual results, performance, or achievements to be materially d ifferent

from future results, performance, or achievements expressed or implied by such forward- looking

2

statements. 3 These factors should be considered carefully, and readers should not place undue reliance

on the Company’s forward -looking statements. The Company believes that the expectations reflected in

the forward- looking statements contained in this news release and the documents incorporated by

reference herein are reasonable, but no assurance can be given that these expectations will prove to be

correct. In addition, although the Company has attempted to identify important factors that could cause

actual actions, events, or results to differ materially from those described in forward- looking statements,

there may be other factors that cause actions, events, or results not to be as anticipated, estimated, or

intended. The Company undertakes no obligation to publicly release any future revisions to forward-

looking statements to reflect events or circumstances after the date of this news or to reflect the

occurrence of unanticipated events, except as expressly required by law