MiningNewsBreaks – Search Minerals Inc. (TSX.V: SMY) (OTC: SHCMF) Settles $799,550 In Debt Through Share Issuances 

This article has been disseminated on behalf of Search Minerals Inc.  and may include paid advertising. 

Search Minerals (TSX.V: SMY) (OTC: SHCMF) announced it has entered into agreements to settle an aggregate $395,496 in outstanding indebtedness through the issuance of 790,992 common shares at a deemed price of $0.50 per share, preserving cash and strengthening its balance sheet, with the shares subject to a four-month-and-one-day statutory hold period and TSX Venture Exchange approval. The company also confirmed it has received TSX Venture Exchange approval to settle an additional $404,054 in debt owed to LeadFX through the issuance of 808,107 common shares issued Dec. 1, 2025, which are subject to a four-month hold period, fully extinguishing that obligation.

To view the full press release, visit https://ibn.fm/vZiPa

About Search Minerals

Search 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.

NOTE TO INVESTORS: The latest news and updates relating to SHCMF are available in the company’s newsroom at https://ibn.fm/SHCMF

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