Search Minerals Announces Results of Annual General Meeting of Shareholders
SEARCH MINERALS ANNOUNCES RESULTS OF
ANNUAL GENERAL MEETING OF SHAREHOLDERS
St. Lewis, Newfoundland and Labrador – (Newsfile Corp. – June 1, 2026) – Search Minerals Inc.
(TSXV:SMY | OTC:SHCMF) (“Search Minerals” or the “Company”) is pleased to announce the
results of its annual general meeting of shareholders held on May 29, 2026 (the “Meeting”).
ELECTION OF DIRECTORS
At the Meeting, all the nominees for election as director were elected to serve until the next annual
general meeting of shareholders. Following the Meeting, the Company’s board of directors is
comprised of Rohan Hazelton, Michael Pearson and Diane Poole.
APPOINTMENT OF AUDITOR
At the Meeting, the Company’s shareholders approved the reappointment of Mao & Ying LLP
Chartered Accountants as the Company’s auditors for the ensuing year and authorized the board
of directors to fix the auditors’ remuneration.
RATIFICATION OF STOCK OPTION PLAN
At the Meeting, shareholders ratified the Company’s 10% rolling stock option plan as described
in the management information circular dated April 14, 2026 in respect of the Meeting. As a rolling
plan, the stock option plan requires annual shareholder approval in accordance with TSX Venture
Exchange policies.
“The strong shareholder support at this year’s meeting reflects the confidence our investors have
in the direction of Search Minerals,” said Jason Macintosh, Interim CEO . “Rohan Hazelton,
Michael Pearson and Diane Poole bring a complementary blend of capital markets expertise,
resource development experience, and deep knowledge of our Labrador assets, exactly the board
leadership needed to advance our Foxtrot and Deep Fox deposits toward development. With a
positive PEA demonstrating and our Direct Extraction Process technology validated through two
successful pilot plants, we have a compelling foundation. This board is well positioned to unlock
that value and advance Search Minerals’ critical rare earth element portfolio.”
ABOUT SEARCH MINERALS
Led by a proven management team and board of directors, Search is focused on finding and
developing Critical Rare Earth Elements (CREE), Zirconium (Zr) and Hafnium (Hf) resources
within the emerging Port Hope Simpson – St. Lewis CREE District of South -east Labrador. The
Company controls a belt 64 km long and 2 km wide and is road accessible, on tidewater, and
located near 3 local communities. Search has completed a preliminary economic assessment
report with resource estimates for FOXTROT and DEEP FOX. Search is also working on four
exploration prospects along the belt which include: FOX MEADOW , SILVER FOX, FOX
RUN and AWESOMEFOX.
Search has continued to optimize its patented Direct Extraction Process technology with the
generous support from the Department of Energy and Mines, Government of Newfoundland and
Labrador, and from the Atlantic Canada Opportunity Agency. Search has completed two pilot
plant operations and produced highly purified mixed rare earth carbonate concentrate and mixed
REO concentrate for separation and refining.
All material information on the Company may be found on its website at www.searchminerals.ca
and on SEDAR+ at www.sedarplus.ca.
For further information about Search Minerals, please contact:
Jason Macintosh
Interim CEO
Telephone: 416-320-9296
Email: [email protected]
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 cer tain 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 is 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.