Silver Elephant Mining Corp. announced that it is changing its financial year end from December 31 to March 31. As a result, the Company will file an additional interim report as at December 31, 2022 and will report audited financial results for a 15-month transition year from January 1, 2022 to March 31, 2023 (with a comparative of the 12 months ended December 31, 2021).

Afterwards, the Company will revert to a customary reporting calendar based on a March 31 year-end, with fiscal quarters ending on the last day of June, September, December and March each year. This change of financial year-end facilitates the audit process given the great demand for audit services with the December 31 year end.