Silver Elephant Mining Corp. press release

Annual General Meeting of the Shareholders of Silver Elephant Mining Corp. (The "Company") Held on August 11, 2022 Report of Voting Results

2022-08-29

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National Instrument 51-102 - Continuous Disclosure Obligations (Section 11.3)

Vancouver, British Columbia--(Newsfile Corp. - August 29, 2022) - Silver Elephant Mining Corp. (TSX: ELEF) (OTCQX: SILEF) (FSE: 1P2)("Silver Elephant" or the "Company") announces voting results from its Annual General Meeting of Shareholders held on August 11, 2022.

Common Shares represented at the Meeting: 1,890,056

Total issued and outstanding Common Shares as at Record Date: 25,589,139

Percentage of issued and outstanding Common Shares represented: 7.39%

| MATTERS VOTED UPON | VOTING RESULTS(1) | | | | | | | Votes in Favour | Votes Against | Abstained or Non Voted | | 1. | The number of directors was fixed at four(2) | 1,687,356 (99.55%) | 7,614 (0.45%) | 177,649 | | 2. | Election of Directors | | | | | | John Lee(3) | 1,681,378 (99.2%) | 0 | 191,241 (0.8%) | | | Greg Hall(3) | 1,680,839 (99.17%) | 0 | 191,780 (0.83%) | | | Masateru Igata(3) | 1,683,242 (99.31%) | 0 | 189,377 (0.69%) | | | Marc Leduc(2) | 1,685,959 (98.8%) | 0 | 186,660 (0.53%) | | 3. | Davidson & Company LLP, Chartered Accountants, was re-appointed as the auditors of the Company and directors were authorized to set their remuneration. | 1,850,153 (98.8%) | 0 | 22,466 (1.2%) |

Notes

1. A total of 87 shareholders were present in person or by proxy representing 1,890,056 shares at the Meeting; and 2. There were 177,649 non-votes reported by the Scrutineer of the Meeting on resolution 1.

Date: August 29, 2022

Vancouver, British Columbia

/s/ "Nadia Traversa"

Nadia Traversa, Corporate Secretary

For more information about Silver Elephant, please contact Investor Relations: +1.604.569.3661 ext. 101 ir@silverelef.comwww.silverelef.com

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