SMY.V - Search Minerals Inc.

TSXV - TSXV Delayed Price. Currency in CAD
0.0400
0.0000 (0.00%)
As of 11:29AM EDT. Market open.
Stock chart is not supported by your current browser
Previous Close0.0400
Open0.0400
Bid0.0350 x 0
Ask0.0400 x 0
Day's Range0.0400 - 0.0400
52 Week Range0.0300 - 0.0600
Volume53,000
Avg. Volume79,778
Market Cap9.107M
Beta (3Y Monthly)-1.25
PE Ratio (TTM)N/A
EPS (TTM)-0.0040
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
  • GlobeNewswire

    Search Minerals Inc. Announces Shares for Debt and Grant of Stock Options

    Search Minerals Inc. ("Search" or the "Company") (TSXV: "SMY") announces that, subject to approval from the TSX Venture Exchange ("TSXV"), the Company has agreed to issue up to 1,100,000 common shares in the capital of the Company (the "Shares") at a price of $0.08 per Share in settlement of an outstanding debt in the amount of $88,000 owing to certain directors of the Company in respect of accrued director fees (the "Debt Settlement"). Any securities issued in connection with the Debt Settlement will be subject to a four month hold period.

  • GlobeNewswire

    Early Warning Report Filed Pursuant to National Instrument 62-103

    VANCOUVER, British Columbia, June 19, 2019 -- Search Minerals Inc. (TSXV:SMY) (“Search Minerals” or the “Company”): This press release is being disseminated as required by.

  • GlobeNewswire

    Search Minerals Closes Rights Offering

    Search Minerals Inc. ("Search" or the "Company") (SMY.V), is pleased to announce that on June 18, 2019 the Company closed its previously announced rights offering which expired on June 14, 2019 (“Rights Offering”). At closing, Search issued 45,535,170 common shares of the Company (“Shares”) at a price of $0.03 per Share for total gross proceeds of $1,366,055.  Following the closing of the Rights Offering, Search has 227,675,848 Shares issued and outstanding. To the knowledge of the Company, after reasonable inquiry, directors, officers, employees and insiders of the Company, excluding InCoR (defined below), exercised subscription privileges, including subscription privileges associated with additional rights acquired in the market, to acquire 2,000,000 Shares under the Rights Offering, representing total subscription proceeds of approximately $60,000.  To the knowledge of the Company, after reasonable inquiry, no person became a new shareholder holding more than 10% of the Shares as a result of the Rights Offering.

  • GlobeNewswire

    Search Minerals Acknowledges Junior Exploration Assistance From Government of Newfoundland and Labrador and Provides Corporate Update

    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, May 13, 2019 (GLOBE NEWSWIRE) -- Search Minerals Inc. (“Search” or the “Company”) (SMY.V), is pleased to acknowledge receipt of a grant of $95,664.53 from the Province of Newfoundland and Labrador towards exploration work completed in 2018 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 states, “Search is very appreciative of the Junior Exploration Assistance Program (“JEA”) funds granted by the Province of Newfoundland and Labrador Department of Natural Resources, which allowed us to hire local personnel and continue to explore and advance the Port Hope Simpson Critical Rare Earth Element District (the “District”) in 2018.

  • GlobeNewswire

    Search Minerals Announces New Higher Grade Cree Mineralized Zone at Fox Meadow

    VANCOUVER, British Columbia, March 14, 2019 -- Search Minerals Inc. (“Search” or the “Company”) (TSXV: SMY) and its wholly-owned subsidiary, Alterra Resources Inc. (“Alterra”).

  • GlobeNewswire

    Search Minerals Announces Deep Fox Phase 2 Assays: Deep Fox Ready for Resource Estimate

    VANCOUVER, British Columbia, Feb. 28, 2019 -- Search Minerals Inc. (“Search” or the “Company”) (TSXV: SMY), is pleased to announce receipt of drill program assay results for.

  • GlobeNewswire

    Search Minerals Announces Additional Funding and Provides Corporate Update

    Search Minerals Inc. (“Search” or the “Company”) (SMY.V), is pleased to announce that InCoR Holdings PLC (“InCoR”) has provided the Company CDN $100,000, which the Company will use for payment of the cost of chemical analysis for the Phase 2 Deep Fox drill samples.  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 debenture issued to InCoR on November 30, 2018, in the amount $850,000. The foregoing constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) because InCoR is a “Control Person” of the Company.  The Company is relying on the exemptions from the formal valuation and minority approval requirements in Sections 5.5.(a) and 5.7(1)(a) of MI 61-101, on the basis that the fair market value of the transaction does not exceed 25% of the Company’s Market Capitalization.

  • GlobeNewswire

    Search Minerals Announces Additional Funding, Closes Private Placement and Issues shares for Debt

    VANCOUVER, British Columbia, Jan. 31, 2019 (GLOBE NEWSWIRE) --  Search Minerals Inc. (“Search” or the “Company”) (SMY.V), is pleased to announce that InCoR Holdings PLC (“InCoR”) has provided the Company CDN $150,000, which the Company will use principally for 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 debenture issued to InCoR on November 30, 2018, in the amount $850,000. The foregoing constitute a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) because InCoR is a “Control Person” of the Company.

  • GlobeNewswire

    Search Closes First Tranche of Private Placement and Announces Shares for Debt Transaction

    All Shares issued pursuant to the Offering are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. The Company will use the proceeds of the Offering to incur Canadian exploration expenses as defined in the Income Tax Act on the Deep Fox and other company's properties. Closing of the Offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals, including the approval of the TSX Venture Exchange.

  • GlobeNewswire

    Search Minerals Announces Private Placements for Proceeds Up to $ 600,000

    VANCOUVER, British Columbia, Dec. 11, 2018 -- Search Minerals Inc. (“Search” or the “Company”) (TSXV: SMY), is pleased to announce financings of up to $600,000 by way of a.

  • GlobeNewswire

    Search Minerals Announces Final Assays From 2018 Phase 1 Deep Fox Drill Program; Phase 2 Drill Program Completed

    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..

  • GlobeNewswire

    Search Minerals Inc. Announces Debt Consolidation and Refinancing

    VANCOUVER, B.C., Nov. 30, 2018 (GLOBE NEWSWIRE) -- (SMY.V) Search Minerals Inc. (“Search” or the “Company”) 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 (“Debenture”) to InCoR Holdings Plc (“InCoR”). As further announced by news releases dated October 4, 2018, and, November 8, 2018, InCoR has additionally provided funding to the Company in the amounts of $150,000 and $200,000, respectively. 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, calculated and paid semi-annually, in cash or, at InCoR’s option, payable in common shares.

  • GlobeNewswire

    Search Minerals Inc. Receives $606,000 R&D Funding Towards an $800,000 Pilot Plant Optimization Program

    VANCOUVER, British Columbia, Nov. 28, 2018 (GLOBE NEWSWIRE) -- (SMY.V) Search Minerals Inc. (“Search” or the “Company”) is pleased to announce it will receive further research and development (“R&D”) funding totaling $606,537 from the Department of Tourism, Culture, Industry and Innovation (“TCII”) and from the Atlantic Canada Opportunities Agency (“ACOA”) 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 completed in August 2017.  The program will further enhance the technology with a focus on equipment design and reliability, impurity management within the rare earth recovery process and improved final product quality. Search will receive $306,537 towards the project from TCII and will receive a $300,000 conditionally repayable contribution from ACOA.

  • GlobeNewswire

    Search Minerals Announces $200,000 Funding and Provides Update on Convertible Debenture

    Search Minerals Inc. (“Search” or the “Company”) (SMY.V), is pleased to announce that InCoR Holdings PLC (“InCoR”) 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 September 28, 2017 (the “September Debenture”) and October 27, 2017 (the “October Debenture”), in the amounts of $150,000 and $350,000, respectively. The October Debenture was not converted and matured on October 27, 2018, at which time it became repayable in cash.