Search Minerals Inc.
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- Search Minerals Inc. Search Minerals Inc. (TSX.V: SMY | OTC: SHCMF) is an integrated mineral exploration and development company focused on the acquisition, exploration, and development of rare earth element (REE) mineral properties, including critical rare earth elements (CREE) such as dysprosium, terbium, neodymium, and praseodymium, as well as zirconium, hafnium, niobium, and beryllium deposits, primarily in Newfoundland and Labrador, Canada. The company holds 100% interests in the Deep Fox and Foxtrot projects within the 64 km-long Port Hope Simpson - St. Lewis CREE District in southeastern Labrador, which hosts over 20 prospects including Fox Meadow, Silver Fox, Fox Valley, Foxy Lady, and Awesome Fox; it also controls the Red Wine CREE District in central Labrador with prospects such as Two Tom, Merlot, and Mann #1. Founded in 2006 and headquartered at 1100-1199 West Hastings Street in Vancouver, British Columbia, Search Minerals targets domestic supply of critical minerals essential for technologies including electric vehicles, wind turbines, and defense applications, operating exclusively in mining-friendly Labrador since 2009. Recent developments include the completion of an option agreement acquiring 100% of the Two Tom property in Labrador in November 2024; multiple convertible note and non-brokered private placement financings, such as $1 million closed in November 2024 and $300,000 from Indigenous partner NunatuKavut Community Council in October 2024; settlements with creditors and debt conversions in 2025; phase 1 drill and channel programs at Fox Meadow yielding successful results in June 2025; phase 4 programs at Deep Fox in June 2025; initiation of community consultations and environmental review in August 2025; and announcements of fall 2025 CREE channel programs, alongside closures of additional private placements and convertible loans through November 2025. The company recommenced trading on the TSX Venture Exchange following reinstatement, share consolidation, and filing of fiscal 2023 audited financials in late 2024 after a cease trade order; it maintains strategic partnerships with NunatuKavut Inuit communities under a 2012 exploration agreement and receives government support including junior exploration assistance from Newfoundland and Labrador. Ongoing efforts encompass resource expansion, metallurgical testing, NI 43-101 technical reports, and preliminary economic assessments demonstrating significant NPV potential for combined Deep Fox and Foxtrot projects.
Company News
Search Minerals Closes Fully Subscribed Upsized $1.1 Million Financing
Search Minerals Appoints Jonathan Beigle as Chief Executive Officer and Director
Search Minerals Closes Second Tranche of Non-Brokered Private Placement Financing and Announces Extension of Financing
Search Minerals Closes Initial Tranche of Non-Brokered Private Placement Financing and Announces Upsized Unit Financing
Search Minerals Announces Non-Brokered Private Placement Financing
Search Minerals Closes Shares for Debt Transaction
Search Minerals Announces Grant of Stock Options
Search Minerals Commissions SGS Canada for Comprehensive Scoping Study and Adds Dr. David Dreisinger as Technical Advisor
Search Minerals Announces Unsecured Convertible Note Issuance with Indigenous Partner to Settle Existing Indebtedness
Search Minerals Inc. Announces Closing of Settlement with Certain Creditors
Search Minerals Clarifies Timing for TSX Venture Exchange Reinstatement to Trading and Share Consolidation
Search Minerals Announces Corporate Update Including TSX Venture Exchange Reinstatement to Trading, Financing, Share Consolidation and AGM
Search Minerals Announces Revocation of Cease Trade Order
Search Minerals Files Fiscal 2023 Audited Financial Statements, Management's Discussion and Analysis and Provides Management Update
Search Minerals Completes Option Agreement and Acquires 100% of the Two Tom Property in Labrador
Search Minerals Inc. Completes $1M Convertible Note Financing with Closing of Second Tranche in the Amount of $700,000
Search Minerals Inc. Closes $300,000 of Convertible Note with Indigenous Partner
Search Minerals Inc. Announces Partial Revocation of Cease Trade Order, Proposed Private Placement and Issuance of Shares Under Option Agreements
Search Minerals Provides Update on Two Tom Lake Option Agreement
Search Minerals Provides Update on Mann #1 and Two Tom Lake Option Agreement