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Search Minerals Clarifies Timing for TSX Venture Exchange Reinstatement to Trading and Share Consolidation
St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - June 13, 2025) - Further to its press rel...
About this update from Search Minerals Inc.
[{"type":"text","content":"Search Minerals Clarifies Timing for TSX Venture Exchange Reinstatement to Trading and Share ConsolidationSt. Lewis, Newfoundland and Labrador--(Newsfile Corp. - June 13, 2025) - Further to its press release of June 12, 2025, Search Minerals Inc. (TSXV: SMY) (\"Search Minerals\" or the \"Company\") wishes to announce a clarification regarding the timing for the reinstatement for trading of its common shares (the \"Shares\") on the TSX Venture Exchange (the \"TSXV\") and the consolidation of its Shares. The Shares will be reinstated for trading at the market open on June 16, 2025. The consolidation of the Shares, on the basis of one (1) post-consolidation Share for every ten (10) pre-consolidation Shares, will then take effect at the market open on June 17, 2025.For further information about Search Minerals, please contact:Joseph LanzonCEO and DirectorTelephone: 613-796-5957Email: [email protected] About Search MineralsSearch Minerals is focused on exploring for and developing Critical Rare Earths Elements (CREE) as well as transition metals Zirconium (Zr) and Hafnium (Hf) within the emerging Port Hope Simpson - St. Lewis CREE District of South-East Labrador. The Company controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and numerous other CREE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 kilometre long belt forming a CREE District in Labrador.Search Minerals also controls additional CREE assets in the Red Wine CREE District of central Labrador. These include: the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-Be prospect and Merlot CREE Prospect.Forward-Looking StatementsStatements contained in this news release that are not historical facts are \"forward-looking information\" or \"forward-looking statements\" (collectively, \"Forward-Looking Information\") within the meaning of applicable Canadian securities legislation. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as \"anticipate\", \"expect\" \"plan\", \"likely\", \"believe\", \"intend\", \"forecast\", \"project\", \"estimate\", \"potential\", \"could\", \"may\", \"will\", \"would\" or \"should\". Forward-Looking Information in this news release are based on cert...