SMY.V - Search Minerals Inc.
| Previous Close | 0.0400 |
| Open | 0.0400 |
| Bid | 0.0350 x 0 |
| Ask | 0.0400 x 0 |
| Day's Range | 0.0400 - 0.0400 |
| 52 Week Range | 0.0350 - 0.1900 |
| Volume | |
| Avg. Volume | 140,006 |
| Market Cap | 16.659M |
| Beta (5Y Monthly) | 0.53 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | -0.0000 |
| Earnings Date | Apr 04, 2020 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
GlobeNewswireAppointment of new Chief Executive Officer and Director
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 Rare Earth Elements (REE) project in southeast Labrador. Mr. Burlingame is a
- GlobeNewswire
Search Minerals to Receive $5 Million in funding from the Government of Canada under the Critical Minerals Research Development & Demonstration Program
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 cost is estimated at approximately $9.3 million with a further $1 million o
- GlobeNewswire
Search Minerals Announces Secured Loan Terms
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 will have a 2-year term and will bear interest at a rate of 22.5% per annum, com
- GlobeNewswire
Search Minerals Announces Director Resignation
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 wholly-owned subsidiaries, Alterra Resources Inc. and 86857 Newfoundland & Labrador I
- GlobeNewswire
Search Minerals to Seek New CEO to Lead the Development of Rare Earth Element Mining, Extraction and Manufacturing in Newfoundland and Labrador
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. The Company and Mr. Andrews are in discussions to effect the termination
- GlobeNewswire
Search Minerals Completes Initial 2,000m Fox Meadow Phase 1 Drill Program
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 consisted of a total of 14 drill holes and 2000 m drilled. All drill holes
- GlobeNewswire
Search Minerals to Commence an Initial 2,000m FOX MEADOW Phase 1 Drill Program
VANCOUVER, British Columbia, Nov. 07, 2022 (GLOBE NEWSWIRE) -- 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 drilling is ex
GlobeNewswireSearch Minerals Reports 14000m Deep Fox Phase 4 Drill Program is Completed
Figure 1 Deep Fox - 2022 Drilling Activities Figure 1 Deep Fox - 2022 Drilling Activities VANCOUVER, British Columbia, Nov. 03, 2022 (GLOBE NEWSWIRE) -- 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 SE Labrador, Canada. (Ap
- Baystreet
Search Minerals’ "Sprint to Production" to Capture Critical Rare Earth Elements Market in North America
Equity Research firm, eResearch Corp., recently published a 72-page Initiation Report on Search Minerals ...
- GlobeNewswire
Search Minerals Provides 2022 Exploration Update
VANCOUVER, British Columbia, Sept. 16, 2022 (GLOBE NEWSWIRE) -- 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 renovated it
- GlobeNewswire
Search Minerals Completes Magnetic Separation of Bulk Samples at SGS Canada
VANCOUVER, British Columbia, Sept. 16, 2022 (GLOBE NEWSWIRE) -- 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 material. The
- GlobeNewswire
Search Minerals Files NI 43-101 Technical Report for the Deep Fox and Foxtrot Project in South East Labrador
VANCOUVER, British Columbia, July 22, 2022 (GLOBE NEWSWIRE) -- 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, Newfoundland an
- GlobeNewswire
Search Minerals Receives $1,075,481 From Exercise of Warrants
VANCOUVER, British Columbia, July 20, 2022 (GLOBE NEWSWIRE) -- 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 Company’s news
- GlobeNewswire
Search Minerals Announces Positive Preliminary Economic Assessment for the Deep Fox and Foxtrot Rare Earth Element Project With $2.23 Billion NPV(8)
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 - $ 422MApprox. Annual production- 1437t - Magnet Rare Earths Oxides (Nd+Pr:1291t Dy:125t Tb:21t) VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”), is pleased to announ