Silver Elephant Mining Corp. — Regulatory Filings 2021

Apr 15, 2021

QUALIFICATION CERTIFICATE

• TO: British Columbia Securities Commission (principle regulator) Alberta Securities Commission

  • Financial and Consumer Affairs Authority of Saskatchewan Manitoba Securities Commission Ontario Securities Commission Financial and Consumer Services Commission (New Brunswick)

Nova Scotia Securities Commission

Office of the Superintendent of Securities, Office of the Attorney General (Prince Edward Island)

Securities NL, Financial Services Regulation Division, Department of Government Services

RE: Silver Elephant Mining Corp. (the “Issuer”) Preliminary Short Form Base Shelf Prospectus dated April 14, 2021

The undersigned, John Lee, Chief Executive Officer of Silver Elephant Mining Corp. (the “ Issuer ”), hereby certifies on behalf of the Issuer in connection with the filing of the preliminary short form base shelf prospectus of the Issuer dated April 14, 2021 pursuant to Section 2.2 of National Instrument 44-102 – Shelf Distributions and section 4.1(1)(a) of National Instrument 44-101 – Short Form Prospectus Distributions (“ NI 44-101 ”), that:

• (a) the Issuer is an electronic filer under National Instrument 13-101 – System for Electronic Document Analysis and Retrieval (SEDAR) ;

• (b) the Issuer is a reporting issuer in at least one jurisdiction of Canada;

• (c) the Issuer has filed with the securities regulatory authority in each jurisdiction in which is it a reporting issuer all periodic and timely disclosure documents that it is required to have filed in that jurisdiction:

  • (i) under applicable securities legislation;

  • (ii) pursuant to an order issued by the securities regulatory authority; or

  • (iii) pursuant to an undertaking to the securities regulatory authority;

• (d) the Issuer has, in at least one jurisdiction in which is it a reporting issuer:

  • (i) current annual financial statements; and

  • (ii) a current AIF (as that term is more specifically defined under NI 44-101);

• (e) the Issuer’s equity securities are listed and posted for trading on a short form eligible exchange and the Issuer is not an issuer:

  • (i) whose operations have ceased; or

  • (ii) whose principal asset is cash, cash equivalents, or its exchange listing,

and also certifies that all of the material incorporated by reference in the preliminary short form base shelf prospectus and not previously filed is being filed with the preliminary short form base shelf prospectus.

Delivery of this qualification certificate may be made by facsimile transmission and/or by email in PDF format and if so delivered shall be deemed an original document.

DATED this 14[th] day of April, 2021.

SILVER ELEPHANT MINING CORP.

“John Lee”

Name: John Lee Title: Chief Executive Officer

[Signature Page to Qualification Certificate]