Wednesday, September 16, 2026
MiningNewsTerminal
Wednesday, September 16, 2026 Admin

SMY.V ·

Search Minerals Announces CEO Resignation

Management Changes

Search Minerals Announces CEO Resignation

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - February 3, 2026) - Search Minerals Inc.

(TSXV: SMY)

("

Search Minerals

" or the "

Company

") announces that Joseph Lanzon has resigned as

Chief Executive Officer and a director of the Company, effective immediately. The Board of Directors

thanks Mr. Lanzon for his dedication and his tireless devotion to moving the Company's flagship project

forward.

The Board of Directors and the Company wish Mr. Lanzon success in his future endeavors.

The Board of Directors will be undertaking a search for a new Chief Executive Officer and will provide

updates if and when necessary in accordance with applicable securities laws. Jason Macintosh, Chief

Financial Officer of the Company, will serve as Interim Chief Executive Officer until a new Chief

Executive Officer is appointed.

Matthew Anderson, Managing Director of Malaspina Consultants Inc.,

which provides accounting services to the Corporation, will serve as Interim Chief Financial Officer.

For further information about Search Minerals, please contact:

Jason Macintosh

Interim CEO

Telephone: 416-320-9296

Email:

[email protected]

About Search Minerals

Search Minerals is focused on exploring for and developing Critical Rare Earths Elements (CREE) as

well as transition metals Zirconium (Zr) and Hafnium (Hf) within the emerging Port Hope Simpson - St.

Lewis CREE District of South-East Labrador. The Company controls two deposits (Foxtrot and Deep

Fox), two drill ready prospects (Fox Meadow and Silver Fox) and numerous other CREE prospects,

including Fox Valley, Foxy Lady and Awesome Fox, along a 64 kilometre long belt forming a CREE

District in Labrador.

Search Minerals also controls additional CREE assets in the Red Wine CREE District of central

Labrador. These include: the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-

Be prospect and Merlot CREE Prospect.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are "forward-looking

information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the

meaning of applicable Canadian securities legislation. In certain cases, Forward-Looking Information

can be identified by the use of words and phrases or variations of such words and phrases or

statements such as "anticipate", "expect" "plan", "likely", "believe", "intend", "forecast", "project",

"estimate", "potential", "could", "may", "will", "would" or "should". Forward-Looking Information in this

news release are based on certain material assumptions and involve, known and unknown risks,

uncertainties and other factors which may cause the actual results, performance or achievements of

Search Minerals to be materially different from any future results, performance or achievements

expressed or implied by the Forward-Looking Information. Such risks and other factors include, those

factors discussed in Search Minerals' public filings. Although Search Minerals has attempted to

identify important factors that could affect Search Minerals and may cause actual actions, events or

results to differ materially from those described in Forward-Looking Information, there may be other

factors that cause actions, events or results not to be as anticipated, estimated or intended. There can

be no assurance that Forward-Looking Information will prove to be accurate, as actual results and

future events could differ materially from those anticipated in such statements. Accordingly, readers

should not place undue reliance on Forward-Looking Information. For further information on these and

other risks and uncertainties that may affect the Company's business, see the Company's

Management's Discussion and Analysis filed with certain Canadian securities regulators, which are

available at

www.sedarplus.ca

. Except as required by law, Search Minerals does not assume any

obligation to release publicly any revisions to Forward-Looking Information contained in this news

release to reflect events or circumstances after the date hereof or to reflect the occurrence of

unanticipated events.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/282611