Search Minerals closes C$200,016 second tranche of non-brokered private placement

Reuters2026/08/26 11:03

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Search Minerals closed a second tranche of a non-brokered private placement, raising gross proceeds of C$200,015.9.
Issued 425,600 units at C$0.24; issued 370,370 flow-through units at C$0.27.
Each unit includes one share plus one warrant; each flow-through unit includes one flow-through share plus half-warrant.
Warrants carry a C$0.35 exercise price; 36-month term.
Total raised under the financing reached C$815,015.9; up to about C$285,000 remains available under the flow-through offering.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Search Minerals Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608260700NEWSFILECNPR____20260826_311524_1) on August 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Search Minerals closes C$200,016 second tranche of non-brokered private placement

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