St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - November 1, 2024) - Search Minerals Inc. (TSXV: SMY) ("Search Minerals" or the "Company") is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered non-transferable unsecured convertible note financing (the "Convertible Notes" ) in the amount of $700,000, resulting in total gross proceeds from the Convertible Note... Read More

Vancouver, British Columbia--(Newsfile Corp. - October 7, 2024) - Search Minerals Inc. (TSXV: SMY) (" Search " or the " Company ") is pleased to announce that the Company has closed the first tranche of its previously announced non-transferable unsecured convertible notes (the " Convertible Notes ") for the principal amount and gross proceeds of $300,000. The Convertible Notes will have a maturity date of one year from the... Read More

Vancouver, British Columbia--(Newsfile Corp. - September 9, 2024) - Search Minerals Inc. (TSXV: SMY) (" Search " or the " Company ") announces that on September 6, 2024, the British Columbia Securities Commission (the " BCSC ") granted a partial revocation (the " Partial Revocation ") of a cease trade order (the " CTO ") previously issued by the BCSC on April 8, 2024. The Partial Revocation permits the Company to complete a... Read More

Vancouver, British Columbia--(Newsfile Corp. - August 23, 2024) - Search Minerals Inc. (TSXV: SMY) (" Search " or the " Company "), is pleased to announce that pursuant to the agreement announced June 17, 2021, (the " Agreement ") with United Gold, Aubrey Budgell and Donna Lewis (collectively, the " Vendors ") for the option (the " Option ") to acquire an undivided 100% interest in the Two Tom Property, in Labrador, Canada,... Read More

Vancouver, British Columbia--(Newsfile Corp. - August 9, 2024) - Search Minerals Inc. (TSXV: SMY) (" Search " or the " Company "), is pleased to announce that pursuant to the agreement announced June 17, 2021, (the " Letter Agreement ") with Roland Quinlan and Eddie Quinlan (collectively, the " Vendors ") for the option (the " Option ") to acquire an undivided 100% interest in and to certain claims owned by the Vendors known... Read More

Vancouver, British Columbia--(Newsfile Corp. - July 3, 2024) - Search Minerals Inc. (TSXV: SMY) (" Search " or the " Company ") is pleased to announce that the newly constituted board of directors of Search (the " Board "), 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... Read More

Vancouver, British Columbia--(Newsfile Corp. - June 24, 2024) - Search Minerals Inc. (TSXV: SMY) (" Search " or the " Company ") today announces the voting results of its 2024 annual general meeting of shareholders (the " Meeting "), called by certain concerned shareholders of the Company, led by Joseph Lanzon (the " Concerned Shareholders "), which was held in person in Vancouver, British Columbia on June 21, 2024. A total... Read More

VANCOUVER, British Columbia, June 28, 2023 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), 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. About Search Minerals Inc.: Search Minerals is focused on finding... Read More

VANCOUVER, British Columbia, June 27, 2023 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), 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... Read More

VANCOUVER, British Columbia, May 08, 2023 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), 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... Read More

VANCOUVER, British Columbia, March 07, 2023 (GLOBE NEWSWIRE) -- Search Minerals Inc. (“Search Minerals”) (TSXV: SMY | OTCQB: SHCMF) 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... Read More

VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- Search Minerals Inc. (“Search” or the “Company”) (TSXV: SMY), is pleased to announce that that it has entered into a term sheet with InCoR Holdings Limited (“ InCor ” or the “ Lender ”) dated March 6, 2023, pursuant to which InCor will provide a secured term loan (the “ Loan ”) to the Company in the principal amount of $2.5 million (the “ Principal ”). The Loan... Read More

VANCOUVER, British Columbia, March 06, 2023 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), 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... Read More

VANCOUVER, British Columbia, Feb. 10, 2023 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”), 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.... Read More

VANCOUVER, British Columbia, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”) is pleased to announce that the planned 2,000 m of the FOX MEADOW Phase 1 drill program have been completed. FOX MEADOW , our third major REE mineralized zone, is located in the Port Hope Simpson – St. Lewis Critical Rare Earth Elements (CREE) District in SE Labrador. The drill program... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”) is pleased to announce the commencement of an initial 2,000m FOX MEADOW Phase 1 drill program . FOX MEADOW is the third major drill target in the Port Hope Simpson – St. Lewis Critical Rare Earth Elements (CREE) District in SE Labrador. The drill program is expected to commence shortly, as our drilling contractor mobilizes on site this week. The... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”) is pleased to announce that the planned 14,000m drilling of the DEEP FOX Phase 4 drill program have been completed. DEEP FOX, our second resource, is located within the Port Hope Simpson – St. Lewis Critical Rare Earth Elements (CREE) District in... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), is pleased to provide an update on our 2022 exploration programs in Labrador, Canada. Greg Andrews, President/CEO, comments: ”We have had a very busy exploration season so far this year. In addition to managing the exploration program, we expanded our exploration team and expanded our facilities and infrastructure in St. Lewis, Labrador. Search... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), is pleased to announce that two bulk samples of mineralization from Deep Fox and Foxtrot have been processed in our PHASE 1 magnetic separation program at SGS Canada (Lakefield) (“ SGS ”). The Deep Fox sample comprises 53 metric tonnes recovered from the exposed surface of the deposit. Similarly, the Foxtrot sample comprises 20 tonnes of surface... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”) is pleased to announce that the Preliminary Economic Assessment (“ PEA ”) NI 43-101 Technical Report on the Deep Fox and Foxtrot Project (the "Technical Report") has been filed on SEDAR. The Technical Report, which is dated July 18, 2022, has an effective date of May 31, 2022 and is entitled "Technical Report on the Deep Fox and Foxtrot Project,... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), is pleased to announce the exercise of 15,364,015 previously issued common share purchase warrants of the Company (the “ Warrants ”) at an exercise price of $0.07 per Warrant in July 2022 for aggregate gross proceeds of $1,075,481. Each Warrant was exercisable into one common share of the Company until July 12, 2022, as further disclosed in the... Read More

Net Present Value – NPV ( 8 ) of $2.23 B (pre-tax) and NPV ( 8 ) of $1.31 B (after-tax) Internal Rate of Return (IRR) – 55.3% (pre-tax) and 41.5% (after-tax) Capital Payback Period – 1.5 Years (pre-tax) and 1.8 Years (after-tax) Initial Capital Costs - $ 422M Approx. Annual production- 1437t - Magnet Rare Earths Oxides (Nd+Pr:1291t Dy:125t Tb:21t) Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”),... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), is pleased to provide the following update related to our planned 2022 activities. Greg Andrews, President/CEO comments: “Our team will be working very hard to advance these 2022 activities. Activities needed to continue our “Sprint to Production” as Search seeks to build a secure, sustainable rare earth supply chain in Newfoundland and Labrador... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”) is pleased to acknowledge receipt of a grant of $90,000 from the Province of Newfoundland and Labrador towards exploration work completed in 2021 on the Company’s Critical Rare Earth Element (CREE) claims located near the communities of St. Lewis and Port Hope Simpson in Southeastern Labrador. Greg Andrews, President and CEO of Search Minerals... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), is pleased to report 2021 channel assay results from FOX MEADOW , a major mineralized zone in the Port Hope Simpson – St. Lewis Critical Rare Earth Element (CREE) District. Mapping, prospecting, trenching, channeling, and geophysical surveys... Read More

Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“ Search ” or the “ Company ”), is pleased to announce updated Mineral Resource Estimates by SLR Consulting (Canada) Ltd. (SLR) for the DEEP FOX and FOXTROT Critical Rare Earth Element (“CREE”) properties in South-East Labrador. The Mineral Resource estimate for DEEP FOX... Read More