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Search Minerals closes $1.1M financing to advance rare earth projects in Labrador

Company Fundamentals
23 Sep 2026
Newsfile Corp
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Bullish
Search Minerals closes $1.1M financing to advance rare earth projects in Labrador

Search Minerals Inc. has completed the final tranche of its upsized private placement, raising a total of C$1.1 million. The funds will support exploration and development of its Foxtrot and Deep Fox rare earth projects in Labrador, aiming to supply North America's emerging rare earth supply chain. The financing included flow-through shares and warrants, with proceeds allocated to eligible Canadian exploration expenses and general corporate purposes. This fully subscribed financing positions the company to advance its critical mineral resources and technology development.

Search Minerals' recent financing is presented here with Pluang's Basic Materials sector data as of Sep 24, 2026 03:32 WIB. Of 38 priced Basic Materials-sector US stocks tradable on Pluang, 13 rose and 25 fell today. Notable movers include TECK at USD 66.32 with a 1-day change of -3.72%, NEM at USD 127.60 with +3.70%, and ASPN at USD 5.68 with +3.65%.

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