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Search Minerals Inc.(TSXV:SMY) announced that it has organised a new committee to explore new strategic alternatives. The new committee was established within the Company’s board. Search also announced its latest updates from its rare earth properties in Labrador.
As quoted in the press release:
Of the $1 million proposed financing, it is intended that approximately $650,000 will be used for the maintenance and advancement of the Company’s rare earth properties in Labrador; $75,000 will be used with respect to the advancement of the Company’s SALT technology; and the remainder of the funds will be used for general and administrative corporate overhead purposes over the next 6 months.
Click here to read the Search Minerals Inc. (TSXV:SMY) press release
Click here to see the Search Minerals Inc. (TSXV:SMY) profile
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