Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. VANCOUVER, British Columbia, May 13, 2019 -- Search Minerals Inc. , is pleased to acknowledge receipt of a grant of $95,664.53 from the Province of Newfoundland and Labrador towards exploration work completed in 2018 on the Company’s [...]
Search Minerals Inc. , is pleased to announce that it will be proceeding with a guaranteed rights offering to raise $1,366,055. The Company will be offering rights to holders of its Common Shares at the close of business on the record date of May 10, 2019 on the basis of one right for each four Common Shares held . Each right will entitle the holder to subscribe for one share of the Company upon payment of a subscription [...]
Search Minerals Inc. and its wholly-owned subsidiary, Alterra Resources Inc. are pleased to announce channel sample results from its FOX MEADOW Critical Rare Earth Element property in SE Labrador. Assays from 2 channels show significant CREE mineralization in a newly discovered mineralized zone. This CREE mineralization is similar to that at the DEEP FOX and FOXTROT properties. HIGHLIGHTS OF FOX MEADOW 2018 CHANNEL [...]
Search Minerals Inc. , is pleased to announce receipt of drill program assay results for all Phase 2 drill holes on its DEEP FOX Critical Rare Earth Element property in SE Labrador. Assays from 8 Phase 2 drill holes show significant CREE throughout the mineralized zone; mineralization is observed in all levels . 1 AND PHASE 2 DRILL PROGRAMS DEEP FOX confirmed to have higher grade mineralization and higher widths than [...]
Search Minerals Inc. , is pleased to announce that InCoR Holdings PLC has provided the Company CDN $100,000, which the Company will use for payment of the cost of chemical analysis for the Phase 2 Deep Fox drill samples. The loan is a non-interest bearing demand loan and will be secured by the existing security package given by the Company and its subsidiary in favor of InCoR in connection with the secured convertible [...]
Search Minerals Inc. , is pleased to announce that InCoR Holdings PLC has provided the Company CDN $150,000, which the Company will use principally for working capital purposes. The loan is a non-interest bearing demand loan and will be secured by the existing security package given by the Company and its subsidiary in favor of InCoR in connection with the secured convertible debenture issued to InCoR on November 30 [...]
Search Minerals Inc. is pleased to announce the closing of the first tranche of its previously announced private placement. Further to its news release dated December 11, 2018 the Company has completed the first tranche of its non-brokered private placement raising gross proceeds of $100,000 by the issuance of 2,000,000 flow-through units at $0.05 per Unit. Each flow-through unit comprised of a flow-through Common Share [...]
Search Minerals Inc. , is pleased to announce financings of up to $600,000 by way of a private placement of flow-through and non-flow through securities. A private placement of up to 6,000,000 non-flow-through units at $0.05 per non-flow-through unit and up to 6,000,000 of flow-through units at $0.05 per flow-through unit of the Company and certain directors and officers of the Company may acquire units pursuant to the [...]
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws. Search Minerals Inc. , is pleased to announce final Phase 1 Drill Program assay results and the completion of the Phase 2 Drill Program on its DEEP FOX Critical Rare Earth Element property in SE Labrador. Assays from 8 Phase 1 drill holes [...]
Search Minerals Inc. is pleased to announce that it has consolidated and refinanced its existing secured debt in the aggregate amount of $850,000 through the issuance of a non-brokered secured convertible debenture to InCoR Holdings Plc . As previously announced in a news release dated September 7, 2017, InCoR has previously provided funding of $500,000 by way of Debentures. As further announced by news releases dated [...]
Search Minerals Inc. is pleased to announce it will receive further research and development funding totaling $606,537 from the Department of Tourism, Culture, Industry and Innovation and from the Atlantic Canada Opportunities Agency to assist in the refinement and optimization of the Search Minerals Direct Extraction Process. The Direct Extraction Process was the subject of a successful pilot plant program, which was [...]
Search Minerals Inc. , is pleased to announce that InCoR Holdings PLC has agreed to lend the Company an additional CDN $200,000, which will be used for general working capital purposes. The loan is a non-interest bearing demand loan and will be secured by the existing security package given by the Company and its subsidiary in favor of InCoR in connection with the secured convertible debentures issued to InCoR on [...]
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