10:36:40 EDT Tue 04 Aug 2020
Enter Symbol
or Name

Search Minerals Inc
Symbol SMY
Shares Issued 230,725,848
Close 2020-07-09 C$ 0.04
Recent Sedar Documents

Search Minerals $500,000 debenture private placement

2020-07-10 18:26 ET - Private Placement - Debenture

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 22, 2020.

Convertible debenture:  $500,000

Conversion price:  convertible at five cents into 10 million units, each consisting of one common share and one common share purchase warrant

Maturity date:  one year from issuance

Warrants:  Each warrant will have a term of five years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of five cents.

Interest rate:  15 per cent per annum

Number of placees:  one placee

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