British Columbia, Jan. 15, 2018 -- Search Minerals Inc. is pleased to provide a corporate update about the Deep Fox drill program and extension of December 2016 Convertible Debenture. Deep Fox Drill Program Three holes have been completed to date and a fourth started but not completed. These drill holes have shown that rare earth element [...]
Sercor announces that pursuant to a share purchase agreement with InCoR Holdings PLC, it has agreed to sell 25,203,334 common shares of Search Minerals Inc. at a price of $0.04255 per share in cash for an aggregate purchase price of $1,072,402. The Search Shares to be sold by Sercor represent approximately 16.54% of the issued and outstanding [...]
Search Minerals: This press release is being disseminated as required by National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues in connection with the acquisition of common shares of the Company by InCoR Holdings PLC. InCoR announces that, on December 29, 2017, it entered into an agreement to [...]
British Columbia, Dec. 11, 2017 -- Search Minerals Inc. , and its wholly-owned subsidiary, Alterra Resources Inc. , are pleased to provide a corporate update for the Company. HIGHLIGHTS: The Deep Fox drill program is ongoing. To date 3 holes have been completed, for a total of 470m out of the 2000m program. Dr. Randy Miller reports that rare earth element mineralization is apparent in the drill holes extending to the current maximum intersection depth of 100 m. The Canadian Environmental Assessment Agency has notified Search that a 45 day review of the Foxtrot Project has commenced. At the conclusion of the review period Search can initiate the required environmental work in support of permitting. The Company has completed the second tranche of its non-brokered privat... [...]
VANCOUVER, British Columbia, Dec. 01, 2017 -- Search Minerals Inc. is pleased to announce the closing of the first tranche of its previously announced private placement. Further to its news releases dated August 3, 2017 and October 25, 2017, the Company has completed the first tranche of its non-brokered private placement raising gross proceeds of [...]
VANCOUVER, British Columbia, Nov. 27, 2017 -- Search Minerals Inc. , and its wholly-owned subsidiary, Alterra Resources Inc. , are pleased to announce that the 2000m drill program at Deep Fox has started. The drill is operating at the first hole site and the Company will be processing all the drill core at its facilities in St. Lewis, before being [...]
VANCOUVER, British Columbia, Oct. 27, 2017 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV:SMY) (“Search” or the “Company”) is pleased to announce that, further to its news releases dated September 7, 2017, October 2, 2017 and October 25, 2017, respectively, it has closed the final tranche of its previously announced [...]
VANCOUVER, British Columbia, Oct. 25, 2017 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV:SMY) (“Search” or the “Company”) announces that, further to its news releases dated August 3, 2017 and September 7, 2017, respectively, the Company intends to complete the non-brokered private placement of up to 10,000,000 flow through [...]
Search Minerals reports that it has completed the shares for debt transaction originally announced on October 3, after receiving the approval of the TSX Venture Exchange to settle indebtedness with certain creditors of the Company. The Company issued an aggregate of 987,501 common shares of the Company at a deemed price of $0.06 per Share, of which [...]
Search Minerals reports that it has entered into debt settlement agreements with creditors of the Company, pursuant to which the Company has agreed to issue an aggregate of 987,501 common shares of the Company at a deemed price of $0.06 per Share. The total amount of indebtedness settled by the Settlement Agreements is $59,250 (the “Debt”), of [...]
Search Minerals is pleased to announce that it has closed the first tranche of its previously announced non-brokered secured convertible debenture private placement with InCoR Holdings for gross proceeds of $150,000. As previously announced in a news release dated September 7, 2017, InCoR has agreed to provide total funding of $500,000 by way of [...]
Search Minerals is pleased to announce that it has entered into a term sheet with InCoR Holdings pursuant to which InCoR has agreed to provide funding of $500,000 by way of a secured convertible debenture. The Debenture will have a maturity date of one year from the date of issuance and will bear simple interest at a rate of 15% per annum [...]