Search Minerals Inc. Announces $15,000,000 Non-Brokered Private Placement of Units and Previously Announced Flow-Through Shares

VANCOUVER, British Columbia, Dec. 07, 2021 (GLOBE NEWSWIRE) — Search Minerals Inc. (“Search” or the “Company”) (TSXV: SMY | OTCQB: SHCMF is pleased to update the terms of the Company’s non-brokered private placement of flow-through common shares of the Company (“the “FT Shares”), as announced on December 3, 2021 (the “FT Offering”). The Company is pleased to announce that Search will complete a non-brokered private placement offering for aggregate gross proceeds of up to $15,000,000, through a combination of (i) FT Shares at a price of $0.25 per FT Share, up to a maximum of $5,000,000; and (ii) units of the Company (the “Units“) at a price of $0.18 per Unit (the “Unit Offering“). Read More