Search Minerals Inc. announces that on September 6, 2024, the British Columbia Securities Commission granted a partial revocation of a cease trade order previously issued by the BCSC on April 8, 2024. The Partial Revocation permits the Company to complete a private placement transaction for the purpose of finalizing its annual financial statements for the year ended November 30, 2023, interim financial statements [...]
Search Minerals Inc. , is pleased to announce that pursuant to the agreement announced June 17, 2021, with United Gold, Aubrey Budgell and Donna Lewis for the option to acquire an undivided 100% interest in the Two Tom Property, in Labrador, Canada, , the Company and Vendors have agreed to amend and reschedule the third anniversary cash payment of $60,000 and the provision of 400,000 shares . The Company agrees to pay the [...]
Search Minerals Inc. , is pleased to announce that pursuant to the agreement announced June 17, 2021, with Roland Quinlan and Eddie Quinlan for the option to acquire an undivided 100% interest in and to certain claims owned by the Vendors known as the Mann #1, and another two licenses proximal to Two Tom Lake, , the Company and Vendor have agreed to amend and reschedule the third anniversary cash payment of $60,000 and [...]
Search Minerals Inc. is pleased to announce that the newly constituted board of directors of Search , which consists of Joseph Lanzon, Rohan Hazelton, and Diane Poole, has appointed Mr. Joseph Lanzon as Interim Chief Executive Officer and Mr. Greg Andrews as Interim Chief Financial Officer and Corporate Secretary. The Board is pleased to build the Advisory Board with the support of Dr. Randy Miller to lead and [...]
Search Minerals Inc. today announces the voting results of its 2024 annual general meeting of shareholders , called by certain concerned shareholders of the Company, led by Joseph Lanzon , which was held in person in Vancouver, British Columbia on June 21, 2024. A total of 238,858,052 common shares of the Company were voted at the Meeting in person or by proxy, representing 57.24% of issued and outstanding Common Shares [...]
Search Minerals announces that Leo Power has resigned as Chairman, and Director of the Company effective June 27, 2023. The Board is conducting a process to identify a new independent director and will update the market in due course. Search Minerals is focused on finding and developing Critical Rare Earths Elements, Zirconium and Hafnium resources within the emerging Port Hope Simpson - St. Lewis CREE District of South [...]
Search Minerals Inc. , announces that Todd Burlingame has resigned as President, CEO, and Director of the Company effective June 23, 2023. The Board is conducting a process to identify a new CEO and will update the market in due course. About Search Minerals Inc.: Search Minerals is focused on finding and developing Critical Rare Earths Elements , Zirconium and Hafnium resources within the emerging Port Hope Simpson - St [...]
Search Minerals announces that Todd Burlingame has been appointed as President and CEO and as a Director of the Company effective immediately. Mr. Burlingame had previously served as the Company's Chief Operating Officer and has the requisite skill set required to successfully advance the Company's Rare Earth Elements project in southeast Labrador. Mr. Burlingame is a 30-year mining industry veteran with a successful [...]
Search Minerals Inc. is pleased to announce that the Government of Canada has contributed $5 million in non-dilutive support to Search Minerals via a Contribution Agreement which will be used to fund the construction and operation of a demonstration plant for rare earth extraction and recovery. The total project cost is estimated at approximately $9.3 million with a further $1 million of funding under application from [...]
Search Minerals Inc. , is pleased to announce that that it has entered into a term sheet with InCoR Holdings Limited dated March 6, 2023, pursuant to which InCor will provide a secured term loan to the Company in the principal amount of $2.5 million . The Loan will have a 2-year term and will bear interest at a rate of 22.5% per annum, compounded annually. The Loan will be secured by a general security agreement between [...]
Search Minerals Inc. , announces that the settlement of the previously announced termination on a without cause basis of the employment of its Chief Executive Officer has been concluded. In connection therewith, Mr. Greg Andrews has resigned from his position as a Director of the Company and its wholly-owned subsidiaries, Alterra Resources Inc. and 86857 Newfoundland & Labrador Inc. effective as of March 3, 2023. For [...]
Search Minerals Inc. , announces that Mr. Leo Power has been appointed to the position of interim President and Chief Executive Officer of the Company following the termination by the Company on a without cause basis of the employment agreement with former President and Chief Executive Officer, Greg Andrews. The Company and Mr. Andrews are in discussions to effect the termination and ensure a smooth transition. The [...]