Search Minerals Inc.

Search Minerals is pleased to acknowledge receipt of a grant of $57,600.62 from the Province of Newfoundland and Labrador towards exploration work completed in 2019 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, “Search is very appreciative of the Junior Exploration [...]

Search Minerals Inc. , is pleased to announce that the Company intends to amend the term of a total of 23,495,821 outstanding common share purchase warrants previously issued pursuant to the Company's rights offering that closed on July 5, 2018 and private placement that closed on July 11, 2018 . Pursuant to the Rights Offering, the Company issued a total of 15,609,285 units of the Company at an exercise price of $0.04 [...]

Search Minerals Inc. is pleased to report that SGS Canada has been commissioned to conduct preliminary metallurgical testing on a channel sample from SILVER FOX for recovery of a zirconium and hafnium mineral concentrate. SILVER FOX is the fourth major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element District and is enriched in zirconium content in comparison to FOXTROT and DEEP FOX [...]

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 08, 2020 -- Search Minerals Inc. is pleased to report assay results from SILVER FOX, its fourth major mineralized zone in its Port Hope Simpson – St. Lewis Critical Rare Earth Element District [...]

Search Minerals Inc. is pleased to report assay results from FOX MEADOW, its third major mineralized zone in it’s Critical Rare Earth Element District in SE Labrador. Trenching/channelling , mapping/prospecting and a UAV Magnetometer Survey indicate that the surface expression of this mineralized zone is up to 124m wide and 650m long. This surface expression is significantly larger than those over the related FOXTROT and [...]

Search Minerals Inc. has postponed filing its annual financial statements, management's discussion and analysis, for the year ended November 30, 2019, due to logistics and delays caused by the COVID-19 pandemic. Search is relying on exemptive relief recently granted by Canadian securities regulatory authorities that allows it to delay the filing of its annual documents required by National Instrument 51-102 by March 30 [...]

Search Minerals Inc. is pleased to announce the final results from its bench and pilot plant testing operation at SGS Laboratories in Lakefield, Ontario. An extensive bench testing and pilot plant campaign has been completed at SGS to test engineering and process improvements in the Search Minerals Proprietary Direct Extraction Process. Bench Testing and Pilot Plant Highlights: Tested new methods of acid/ore contact and [...]

Search Minerals Inc. is pleased to announce that the Company closed a debt financing transaction, pursuant to which the Company was advanced an unsecured loan of $100,000 from an arm’s length party. The Loan has a one year maturity date from the date of issuance, repayable at any time without penalty and bears interest at a rate of 10% per annum, payable quarterly. Pursuant to the Loan, the Company issued 2,000,000 [...]

Search Minerals Inc. is pleased to announce that Atlantic Canada Opportunities Agency has approved funding of up to $50,000 towards the completion of two engineering studies to further advance the Company’s Critical Rare Earth Element District in South East Labrador, Canada. The first study will provide an updated cost of capital and operating costs for a full processing facility operating at 2,000 tonnes per day [...]

Search Minerals Inc. is pleased to announce that further to the Company’s news releases dated November 1, 2019 and January 13, 2020 , the Company has received $150,000 from InCoR Holdings Limited . The parties have agreed that the existing $850,000 principal amount of the Debenture together with the $150,000 advance will be rolled over into a new convertible debenture with principal amount of $1,000,000 effective as [...]