Search Minerals: This press release is being disseminated as required by National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues in connection with the acquisition of common shares of the Company by InCoR Holdings PLC. InCoR announces that, on December 29, 2017, it entered into an agreement to acquire 25,203,334 Common Shares from Sercor Ltd. at a price of $0.04255 per [...]
British Columbia, Dec. 11, 2017 -- Search Minerals Inc. , and its wholly-owned subsidiary, Alterra Resources Inc. , are pleased to provide a corporate update for the Company. HIGHLIGHTS: The Deep Fox drill program is ongoing. To date 3 holes have been completed, for a total of 470m out of the 2000m program. Dr. Randy Miller reports that rare earth element mineralization is apparent in the drill holes extending to the current maximum intersection depth of 100 m. The Canadian Environmental Assessment Agency has notified Search that a 45 day review of the Foxtrot Project has commenced. At the conclusion of the review period Search can initiate the required environmental work in support of permitting. The Company has completed the second tranche of its non-brokered privat... [...]
VANCOUVER, British Columbia, Dec. 01, 2017 -- Search Minerals Inc. is pleased to announce the closing of the first tranche of its previously announced private placement. Further to its news releases dated August 3, 2017 and October 25, 2017, the Company has completed the first tranche of its non-brokered private placement raising gross proceeds of $145,000 by the issuance of 2,900,000 flow-through shares at $0.05 per [...]
VANCOUVER, British Columbia, Nov. 27, 2017 -- Search Minerals Inc. , and its wholly-owned subsidiary, Alterra Resources Inc. , are pleased to announce that the 2000m drill program at Deep Fox has started. The drill is operating at the first hole site and the Company will be processing all the drill core at its facilities in St. Lewis, before being sent to ActLabs for assays. Search is also pleased to announce the results [...]
VANCOUVER, British Columbia, Oct. 27, 2017 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV:SMY) (“Search” or the “Company”) is pleased to announce that, further to its news releases dated September 7, 2017, October 2, 2017 and October 25, 2017, respectively, it has closed the final tranche of its previously announced non-brokered secured convertible debenture (“Debenture”) private [...]
VANCOUVER, British Columbia, Oct. 25, 2017 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV:SMY) (“Search” or the “Company”) announces that, further to its news releases dated August 3, 2017 and September 7, 2017, respectively, the Company intends to complete the non-brokered private placement of up to 10,000,000 flow through shares of the Company (each, a “Share”) at a decreased price of [...]
Search Minerals reports that it has completed the shares for debt transaction originally announced on October 3, after receiving the approval of the TSX Venture Exchange to settle indebtedness with certain creditors of the Company. The Company issued an aggregate of 987,501 common shares of the Company at a deemed price of $0.06 per Share, of which 416,667 Shares were issued to NunatuKavut Community Council (“NCC [...]
Search Minerals reports that it has entered into debt settlement agreements with creditors of the Company, pursuant to which the Company has agreed to issue an aggregate of 987,501 common shares of the Company at a deemed price of $0.06 per Share. The total amount of indebtedness settled by the Settlement Agreements is $59,250 (the “Debt”), of which $25,000 is payable to NunatuKavut Community Council (“NCC”) pursuant to [...]
Search Minerals is pleased to announce that it has closed the first tranche of its previously announced non-brokered secured convertible debenture private placement with InCoR Holdings for gross proceeds of $150,000. As previously announced in a news release dated September 7, 2017, InCoR has agreed to provide total funding of $500,000 by way of Debentures. The Debentures will have a maturity date of one year from the [...]
Search Minerals is pleased to announce that it has entered into a term sheet with InCoR Holdings pursuant to which InCoR has agreed to provide funding of $500,000 by way of a secured convertible debenture. The Debenture will have a maturity date of one year from the date of issuance and will bear simple interest at a rate of 15% per annum, calculated and paid semi-annually, in cash or, at InCoR’s option, payable in Units [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 18, 2017) - Search Minerals Inc. (TSX VENTURE:SMY) ("Search" or the "Company") is pleased to announce that it has contracted with InvestorIntel Corp ("InvestorIntel") of Toronto, Ontario for marketing, consulting and investor relations services for a one year term. Under the terms of the contract, these services will begin immediately and InvestorIntel will receive $ 15,000 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 5, 2017) - Search Minerals Inc. (TSX VENTURE:SMY) ("Search" or the "Company") is pleased to announce the results from a bench-top demonstration test on a Deep Fox mineral sample using the Search Minerals Direct Extraction Process. The test was completed at SGS Laboratories in Lakefield, Ontario. The Deep Fox sample (a surface channel sample) containing 1.59% TREE including [...]
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