St. Lewis, Newfoundland and Labrador – (June 13, 2025) – In a follow-up to its earlier announcement, Search Minerals Inc. (TSXV: SMY) is clarifying the timeline regarding the resumption of trading for its common shares on the TSX Venture Exchange (TSXV) and the implementation of its share consolidation. Investors should take note: trading will recommence at the market open on June 16, 2025. The share consolidation, which will see every ten pre-consolidation shares become one post-consolidation share, will take effect at the start of trading on June 17, 2025.
A Focus on Critical Elements: What Search Minerals Does
Search Minerals is squarely focused on the burgeoning market for Critical Rare Earth Elements (CREE), alongside transition metals like Zirconium (Zr) and Hafnium (Hf). The company is making its mark in the Port Hope Simpson – St. Lewis CREE District of southeast Labrador, a region brimming with potential. Search Minerals boasts control over several key assets, including the Foxtrot and Deep Fox deposits, the Fox Meadow and Silver Fox prospects (ready for drilling), and other promising CREE targets like Fox Valley, Foxy Lady, and Awesome Fox. These assets are strategically positioned along a 64-kilometer belt, establishing the company’s presence in this promising Labrador district.
Furthermore, Search Minerals holds additional CREE assets in the Red Wine CREE District of central Labrador. These include the Two Tom Lake CREE-Be-Nb deposit (drill-ready) and the Mann #1 CREE-Nb-Be prospect, along with the Merlot CREE Prospect.
Forward-Looking Statements
This release contains “forward-looking information” or “forward-looking statements” within the meaning of Canadian securities laws. Such statements typically use words like “anticipate,” “expect,” “plan,” “believe,” “intend,” “forecast,” “project,” “estimate,” “potential,” “could,” “may,” “will,” “would,” or “should.” These statements are based on assumptions and involve known and unknown risks, uncertainties, and other factors that could cause actual results to differ materially from those projected. These risks include those outlined in Search Minerals’ public filings. While the company has identified key factors, there may be others that could influence results. There can be no guarantee that forward-looking information will prove accurate. Readers should not place undue reliance on these statements. For more information on risks and uncertainties, consult the Company’s Management’s Discussion and Analysis, filed with Canadian securities regulators and available at www.sedarplus.ca. Search Minerals is not obligated to update these statements to reflect new events or circumstances.
The TSX Venture Exchange and its Regulation Services Provider do not accept responsibility for the accuracy of this release.
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