VANCOUVER, British Columbia, July 11, 2018 -- Search Minerals Inc. , is pleased to announce that today the Company closed its previously announced private placement of Flow-Through and Non-Flow Units. The Company raised an aggregate of $424,376.80, of which $180,000.00 was raised on the issuance of Flow-Through Units and $244,376.80 was raised on the issuance of Non-Flow Units. The offering size of the Non-Flow Units was [...]
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, July 09, 2018 -- Search Minerals Inc. , is pleased to announce that on July 5, 2018 the Company closed its previously announced rights offering which expired on June 28, 2018 and was over-subscribed. At [...]
VANCOUVER, British Columbia, July 04, 2018 -- Search Minerals Inc. , is pleased to announce that it completed its previously announced rights offering which expired at 2:00 p.m. on June 28, 2018 . The Offering was fully subscribed and, as such, Search will issue 15,609,285 units at a price of $0.04 per Unit for total gross proceeds of $624,372. Each Unit consists of one Common Share and one Common Share purchase warrant [...]
VANCOUVER, British Columbia, June 18, 2018 -- Search Minerals Inc. , is pleased to announce that it has received an advance payment of $ 100,000 from InCoR Holdings PLC, to be applied towards the InCoR Standby Agreement. To date, InCoR has advanced the Company $ 200,000 which is being used for current operating capital pending the closing of the previously announced rights offering and concurrent private placement. On May [...]
VANCOUVER, British Columbia, May 31, 2018 -- Search Minerals Inc. , is pleased to announce financings of up to $1,000,000 with a firm commitment for $624,372. The Company is seeking to raise $624,372 by way of a rights offering and up to $380,000 by way of a private placement of flow-through and non-flow through securities. Rights Offering The Company will be offering rights to holders of its Common Shares at the close of [...]
VANCOUVER, British Columbia, May 15, 2018 -- Search Minerals Inc. , is pleased to acknowledge receipt of a grant of $68,722.20 from the Province of Newfoundland and Labrador towards exploration work completed in 2017 on the Company’s Critical Rare Earth Element claims located near the communities of St. Lewis and Port Hope Simpson in Southeastern Labrador. Greg Andrews, President and CEO of Search Minerals, states [...]
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, April 16, 2018 -- Search Minerals Inc. , today announced that it has granted, effective today, 100,000 stock options, all of which are exercisable until August 14, 2021, at a price of $0.08. The options have [...]
VANCOUVER, British Columbia, March 05, 2018 -- Search Minerals Inc. , and its wholly-owned subsidiary, Alterra Resources Inc. , are pleased to announce the results of the initial three holes of a planned 12 drill hole drill program at the Deep Fox CREE prospect located in the Port Hope Simpson CREE District in SE Labrador. These results indicate that high CREE grades and significant widths occur both underground and on [...]
British Columbia, Feb. 14, 2018 -- Search Minerals Inc. , is pleased to provide a corporate update with some recent developments in the Company. Environment Assessment Notice from Government of Newfoundland and Labrador Search has received notice from the Government of Newfoundland and Labrador confirming that the Foxtrot Project will require an environment assessment. Search has previously received notice from Canadian [...]
British Columbia, Jan. 16, 2018 -- Search Minerals Inc. is pleased to announce that it has received notice from the Canadian Environmental Assessment Agency confirming that the Foxtrot Project will require an environment assessment. This is a milestone event in the development of the Foxtrot Rare Earth Element Project. The CEAA has posted a “Notice of Commencement” for the federal environmental assessment on [...]
British Columbia, Jan. 15, 2018 -- Search Minerals Inc. is pleased to provide a corporate update about the Deep Fox drill program and extension of December 2016 Convertible Debenture. Deep Fox Drill Program Three holes have been completed to date and a fourth started but not completed. These drill holes have shown that rare earth element mineralization is apparent and extending to the current maximum intersection depth of [...]
Sercor announces that pursuant to a share purchase agreement with InCoR Holdings PLC, it has agreed to sell 25,203,334 common shares of Search Minerals Inc. at a price of $0.04255 per share in cash for an aggregate purchase price of $1,072,402. The Search Shares to be sold by Sercor represent approximately 16.54% of the issued and outstanding Search Shares and represent all of the Search Shares beneficially owned by [...]
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