Search Minerals Inc. , is pleased to announce that the Company has purchased property in St. Lewis, Labrador, for a purchase price of $ 210,000. The property is approximately 9180 square meters, which contains our 848 square meter building which is used for our accommodations, kitchen, office, material handling, core sorting and core shack. Search has been leasing this property since 2016 and we would like to thank 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. VANCOUVER, British Columbia, Dec. 02, 2020 -- Search Minerals Inc. is pleased to announce, further to its news release dated November 12, 2020 , that the Company has completed its previously announced shares for debt transaction and loan [...]
Search Minerals Inc. , is pleased to announce that the Company is conducting a non-brokered private placement of up to 8,500,000 units at a price of $0.06 per Unit for maximum gross proceeds of up to $510,000 . Each Unit will be comprised of one common share and one share purchase warrant , with each Warrant entitling the holder to acquire an additional Share for a period of 2 years at a price of $0.06 in the first year [...]
Search Minerals Inc. , is pleased to announce that InCoR Holdings Limited has agreed to convert its convertible debenture of the Company in the principal amount of $1,000,000, as of November 11, 2020. Additionally, Springhill Investments Ltd. has agreed to convert its convertible debenture of the Company in the principal amount of $500,000, as of November 11, 2020. Each of the InCor Debenture and Springhill Debenture is [...]
Search Minerals Inc. and USA Rare Earth, LLC are pleased to announce that they have entered into a Technical Collaboration Framework Agreement to govern initial cooperation between USA Rare Earth and Search in a number of important areas of mutual interest. Search holds patented Direct Extraction Process technology and owns 100% of a Critical Rare Earth Element District in SE Labrador, Canada. USA Rare Earth is [...]
Search Minerals Inc. is pleased to announce that the Company has signed a Memorandum of Understanding with the Saskatchewan Research Council . The Government of Saskatchewan recently announced $31 million in funding for a Rare Earth Processing Facility in Saskatoon that will be owned and operated by SRC. The SRC Rare Earth Processing Facility is positioned as a catalyst to stimulate the resource sector in Saskatchewan and [...]
Search Minerals Inc. is pleased to report 2020 channel assay results from FOX MEADOW, a major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element District. Trenching/channelling , a UAV magnetic survey and mapping/prospecting outline two mineralized zones on the surface at FOX MEADOW: the NW zone is up to 175m wide and SE zone is up to 116m wide. Combined, the mineralization is at least [...]
Search Minerals Inc. is pleased to report 2020 channel assay results from SILVER FOX, a fourth major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element District. Trenching/channelling , and mapping/prospecting indicate that the surface expression of this mineralized zone is up to 8.8m wide and 1120m long. This surface expression is significantly longer, but thinner, than the surface [...]
Search Minerals Inc. is pleased to report 2020 channel assays for Critical Rare Earths Elements , Zirconium and Hafnium from the AWESOME FOX project in the Port Hope Simpson – St. Lewis CREE District. Mineralized zones, on the surface, at Awesome Fox are at least 850 m long and up to 43m wide; seven channels, totaling 257.91 m were trenched and 500 samples were collected in 2020. HIGHLIGHTS OF THE 2020 EXPLORATION PROGRAM [...]
Search Minerals Inc. is pleased to report that its 2020 exploration program for Critical Rare Earths Elements , Zirconium and Hafnium in the Port Hope Simpson – St. Lewis CREE District has been completed. Mineralized zones, on the surface, have been expanded at the Awesome Fox, Silver Fox and Fox Meadow prospects; a total of 606 m of channel were trenched and 986 samples were collected . HIGHLIGHTS OF THE 2020 EXPLORATION [...]
Search Minerals Inc. is pleased to announce that the Company closed its non-brokered secured convertible debenture private placement for gross proceeds of $500,000, as initially announced on June 10, 2020. The Debenture has 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. The Debenture will be convertible into units of the [...]
Search Minerals Inc. is pleased to announce a non-brokered secured convertible debenture private placement for gross proceeds of $500,000. The Debenture has 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. The Debenture will be convertible into units of the Company at a conversion price of $0.05 per Unit, all in accordance [...]
+27,87 %
-32,00 %
