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Re: None

Friday, 01/14/2022 6:50:31 PM

Friday, January 14, 2022 6:50:31 PM

Post# of 854
SILEF: Silver Elephant shareholders will receive, in respect of every 10 Shares held: (i) one post-consolidation common share of Silver Elephant. No fractional Post-Consolidation Shares will be issued pursuant to the Arrangement. Any fractional entitlements to Arrangement Shares will be rounded down to the nearest whole number without payment of any additional compensation.

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