10:44 AM EST - Search Minerals Inc. : Announced the closing of its previously announced private placement. Tthe Company completed its non-brokered private placement for aggregate gross proceeds of $70,000 and issued 1,400,000 flow-through common shares at a price of $0.05 per FT Share. All FT Shares issued pursuant to the Offering are subject to a statutory hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation. Search Minerals Inc.
shares V.SMY are trading down $0.005 at $0.05.
