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Search Minerals Announces Revocation of Cease Trade Order

Story Highlights
  • Search Minerals focuses on developing Critical Rare Earth Elements in Labrador.
  • The cease trade order on Search Minerals was revoked, allowing trading reinstatement efforts.
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Search Minerals Announces Revocation of Cease Trade Order

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Search Minerals ( (TSE:SMY) ) has shared an update.

Search Minerals Inc. announced the revocation of a cease trade order by the British Columbia Securities Commission, which had been in place due to the company’s failure to file required financial documents on time. The company has since updated its filings and is working with the TSX Venture Exchange to reinstate trading, which could positively impact its operations and market presence.

More about Search Minerals

Search Minerals is a company focused on exploring and developing Critical Rare Earth Elements (CREE) and transition metals such as Zirconium and Hafnium in the Port Hope Simpson – St. Lewis CREE District of South East Labrador. The company controls multiple deposits and prospects in this district, as well as additional CREE assets in the Red Wine CREE District of central Labrador.

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$8.33M

For a thorough assessment of SMY stock, go to TipRanks’ Stock Analysis page.

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