Search Minerals Inc. , is pleased to announce financings of up to $600,000 by way of a private placement of flow-through and non-flow through securities. A private placement of up to 6,000,000 non-flow-through units at $0.05 per non-flow-through unit and up to 6,000,000 of flow-through units at $0.05 per flow-through unit of the Company and certain directors and officers of the Company may acquire units pursuant to 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. Search Minerals Inc. , is pleased to announce final Phase 1 Drill Program assay results and the completion of the Phase 2 Drill Program on its DEEP FOX Critical Rare Earth Element property in SE Labrador. Assays from 8 Phase 1 drill holes [...]
Search Minerals Inc. is pleased to announce that it has consolidated and refinanced its existing secured debt in the aggregate amount of $850,000 through the issuance of a non-brokered secured convertible debenture to InCoR Holdings Plc . As previously announced in a news release dated September 7, 2017, InCoR has previously provided funding of $500,000 by way of Debentures. As further announced by news releases dated [...]
Search Minerals Inc. is pleased to announce it will receive further research and development funding totaling $606,537 from the Department of Tourism, Culture, Industry and Innovation and from the Atlantic Canada Opportunities Agency to assist in the refinement and optimization of the Search Minerals Direct Extraction Process. The Direct Extraction Process was the subject of a successful pilot plant program, which was [...]
Search Minerals Inc. , is pleased to announce that InCoR Holdings PLC has agreed to lend the Company an additional CDN $200,000, which will be used for general working capital purposes. The loan is a non-interest bearing demand loan and will be secured by the existing security package given by the Company and its subsidiary in favor of InCoR in connection with the secured convertible debentures issued to InCoR on [...]
Search Minerals Inc. , is pleased to announce preliminary Phase 1 Drill Program assay results and visual results of the Phase 2 Drill Program on its DEEP FOX Critical Rare Earth Element property in S.E Labrador. Assays from 8 Phase 1 drill holes and visual results from 6 Phase 2 drill holes show significant CREE throughout the mineralized zone; mineralization is observed in all drill holes. 1 AND PHASE 2 DRILL PROGRAMS [...]
Search Minerals Inc. , is pleased to announce that InCoR Holdings PLC has agreed to lend the Company an additional CDN $150,000, which will be used for general working capital purposes. The loan is a non-interest bearing demand loan and will be secured by the existing security package given by the Company and its subsidiary in favor of InCoR in connection with the secured convertible debentures issued to InCoR on [...]
Search Minerals Inc. , is pleased to announce that the Company will commence the Phase 2 - 2500m drill program on its DEEP FOX Critical Rare Earth Element prospect in S.E Labrador. The Phase 1 DEEP FOX drilling program including the additional drilling consisted of a total of 15 holes to sample CREE mineralization. The total of 2427m drilled at DEEP FOX gives 10 holes at the 50m level below surface and 5 holes at the 100m [...]
VANCOUVER, British Columbia, July 30, 2018 -- Search Minerals Inc. , is pleased to announce that the Company has completed the original planned 1500m drill program on its DEEP FOX Critical Rare Earth Element prospect in S.E Labrador. With visual mineralization in every drill hole, the Company took advantage of the efficiencies of this drill program and completed another 3 drill holes with an additional 427m of drilling [...]
Search Minerals is pleased to announce that the Company has commenced drilling a 1500m drill program on its DEEP FOX Critical Rare Earth Element prospect in SE Labrador. Drilling started on July 6 and a total of 3 drill holes have been completed to date. Visible CREE mineralization has been observed in all drill holes and the geology appears to follow the Foxtrot exploration model. This program is designed to intersect [...]
VANCOUVER, British Columbia, July 11, 2018 -- Search Minerals Inc. , is pleased to announce that today the Company closed its previously announced private placement of Flow-Through and Non-Flow Units. The Company raised an aggregate of $424,376.80, of which $180,000.00 was raised on the issuance of Flow-Through Units and $244,376.80 was raised on the issuance of Non-Flow Units. The offering size of the Non-Flow Units was [...]
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, July 09, 2018 -- Search Minerals Inc. , is pleased to announce that on July 5, 2018 the Company closed its previously announced rights offering which expired on June 28, 2018 and was over-subscribed. At [...]
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