Silver Elephant Mining Corp. — Proxy Solicitation & Information Statement 2024

Aug 26, 2024

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Notice of Availability of Proxy Materials for SILVER ELEPHANT MINING CORP. Annual General & Special Meeting

Meeting Date and Time: Wednesday, September 25, 2024 at 9:00 a.m.

Location: 2600 – 1066 West Hastings Street, Vancouver, BC

Please be advised that the proxy materials for the above noted securityholder meeting are available for viewing and downloading online. This document provides an overview of these materials, but you are reminded to access and review the information circular and other proxy materials available online prior to voting. These materials are available at:

www.silverelef.com/investor/shareholder-meetings

OR

www.sedarplus.ca

Obtaining Paper Copies of the Proxy Materials

Securityholders may request to receive paper copies of the proxy materials related to the above referenced meeting by mail at no cost. Requests for paper copies must be received by September 6, 2024 in order to receive the paper copy in advance of the meeting. Shareholders may request to receive a paper copy of the Materials for up to one year from the date the Materials were filed on www.sedar.com.

For more information regarding notice-and-access or to obtain a paper copy of the Materials you may contact our transfer agent, Odyssey Trust Company, via www.odysseycontact.com or by phone at 1-888290-1175 (toll-free within North America) or 1-587-885-0960 (direct from outside North America).

Notice of Meeting

The resolutions to be voted on at the meeting, described in detail in the Management Information Circular, are as follows:

1. FINANCIAL STATEMENTS: to receive the audited financial statements of the Company for the fiscal year ended March 31, 2024, together with the auditor’s report thereon. See the section entitled “Particulars of Matters to be Acted Upon – Financial Statements” in the Information Circular.

2. FIX THE NUMBER OF DIRECTORS: to fix number of directors at four (4). See the section entitled “Directors – Number of Directors” in the Information Circular.

3. ELECTION OF DIRECTORS: to elect the directors for the ensuing year. See the section entitled “Directors – Information about Nominee Directors” in the Information Circular.

4. APPOINTMENT AND REMUNERATION OF AUDITORS: to appoint the auditors of the Company and to authorize the directors to fix their remuneration. See the section entitled “Appointment and Remuneration of the Auditor” in the Information Circular.

5. STOCK OPTION PLAN: to consider and, if deemed advisable, to pass, with or without variation, a resolution confirming and approving the 10% rolling incentive plan of the Company. See the section entitled “Particulars of Additional Matters to be Acted Upon – Re-approval of Company’s 10% Rolling Incentive Plan” in the Information Circular.

6. OTHER BUSINESS: to transact such other business as may properly come before the Meeting or any adjournments or postponements thereof.

Voting

To vote your securities, please refer to the instructions on the enclosed Proxy or Voting Instruction Form. Your Proxy or Voting Instruction Form must be received by Monday, September 23, 2024 at 9:00 a.m.

Stratification

The Issuer is providing paper copies of its Management Information Circular only to those registered shareholders and beneficial shareholders that have previously requested to receive paper materials.

Annual Financial Statements

The Issuer is providing paper copies or emailing electronic copies of its annual financial statements to registered shareholders and beneficial shareholders that have opted to receive annual financial statements and have indicated a preference for either delivery method.