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 [...]
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 [...]