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Search Minerals grants 1.8M stock options at $0.50, vesting over 2 years, pending TSX approval

Company Fundamentals
04 May 2026
Newsfile Corp
Bullish
pluang ai news

Search Minerals Inc. announced the grant of 1.8 million stock options to directors, officers, employees, and service providers, exercisable at $0.50 per share and expiring in 2031. Most options vest quarterly over two years, with some vesting immediately or by 2028. This move aligns with the company's ongoing development of rare earth element projects in Labrador, supported by positive economic assessments and pilot plant operations. The grant is subject to TSX Venture Exchange approval.

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