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Search Minerals Receives $1,100,750 From Accelerated Warrant Exercise

Provided By Globe Newswire

Last update: Oct 5, 2021

VANCOUVER, British Columbia, Oct. 05, 2021 (GLOBE NEWSWIRE) -- Search Minerals Inc. (TSXV: SMY | OTCQB: SHCMF) (“Search” or the “Company”) is pleased to announce the Company has received at total of $1,100,750 from the exercise of 11,007,500 warrants. Each warrant was exercisable into one common share at a price of $0.10, and as announced in the Company’s press release dated August 18, 2021, the Company had accelerated the expiry date of the warrants to September 30, 2021. There were 1,492,500 warrants unexercised and which will be cancelled.  

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