Search Minerals Inc. Announces Appointment of Interim Chief Executive Officer, Interim Chief Financial Officer and Advisors

07/03/2024 – 08:00 AM

Vancouver, British Columbia–(Newsfile Corp. – July 3, 2024) – Search Minerals Inc. (TSXV:SMY) (“Search” or “Business“) is pleased to announce that the newly formed board of directors of Search (hereinafter “Board“), consisting of Joseph Lanzon, Rohan Hazelton and Diane Poole, has named Mr. Joseph Lanzon as Interim Chief Executive Officer and Mr. Greg Andrews as Interim Chief Financial Officer and Corporate Secretary. The Board is pleased to form an Advisory Board with the support of Dr. Randy Miller to lead and re-establish our exploration team, and Mr. Ed Moriarity will play a key role in our communications and environmental engagement.

Mr. Joseph Lanzon commented, “We have a lot of work to do to get Search Minerals shares trading again and get the Company back on track. To assist with a variety of initiatives from fundraising, regulatory compliance, processing technology, auditing, mineral license management, exploration and reporting, along with initiating the environmental process and more, we welcome Greg Andrews, Dr. Randy Miller and Ed Moriarity to our team. In addition to the above, we are working diligently to re-launch our website at www.searchminerals.ca. We are committed to keeping our shareholders informed during this transition and rebuilding process.”

Below are biographies of recently appointed individuals and consultants:

Greg Andrews, B.A. Communications – Mr. Andrews holds a Bachelor of Commerce and Finance from the University of Calgary. He has over 30 years of experience in strategic planning, financial advisory and administrative services to public and private companies. Mr. Andrews has held various positions with Search Minerals since 2009, most recently as CEO/President and Director until February 2023. He has held positions as CEO of a registered portfolio management company, CEO of a private family office and President of a wholesale distribution company. Mr. Andrews has also held various directorships in TSX Venture listed companies since 1993, including mining, oil and gas, technology and biotechnology companies.

Dr. Randy Miller, Ph.D, P.Geo – Dr. Miller has a Ph.D. in Geology from the University of Toronto and is a Registered Professional Geologist (P.Geo) in Newfoundland and Labrador. He has extensive experience in rare earth exploration and work, including field mapping and supervising diamond drilling at the Strange Lake deposit in northwestern Labrador for Iron Ore Company of Canada. Randy also spent 12 years with the Newfoundland and Labrador Geological Survey as their REE/REE Specialist, mapping and investigating REE mineralization in both Labrador and the Newfoundland Islands. Dr. Miller’s publications include articles and reports on the Strange Lake deposit, mineralization and geology of the Nuiklavik volcanic rocks in the Flowers River area, and mineralization at Mann and Two Tom Lakes in the Lake Letitia area of ​​Labrador. The rare earth metallogenesis model developed from these studies forms the basis of Search Minerals’ REE exploration program in Labrador. Randy joined Search in 2009.

Ed Moriarity BA Pg.D – For the past 25 years, Mr. Moriarity has worked in private business, the not-for-profit sector and public service in both the Government of Canada and Newfoundland and Labrador. Ed’s career spans the construction, public administration and mining sectors. Ed has held senior positions in business development support, human resources management, public relations, policy, communications and marketing. Earlier this year, Ed founded Longpoint Energy Group Inc. to support clients engaged in mineral exploration and supply and mining services. With a broad network of industry and government contacts, Ed is an experienced business liaison; a dedicated professional committed to promoting clients’ business development, market access, trade and investment, community engagement and government relations needs. From 2013 to early 2024, Ed served as the Executive Director of Mining Industry NL, a business association dedicated to advocating and promoting mineral exploration and development, mining and supply and service opportunities for members and their projects throughout the province. Ed previously served as the Director of Communications for the Government of Newfoundland and Labrador for over eight years. Ed is a graduate of Memorial University, BA (Politics) and holds a PgD (Business Administration) from the University of Roehampton-London.

For more information about Search Minerals Inc., please contact:

Joseph Lanzon
Director

Phone: 613-796-5957
Email address: [email protected]

About Search Minerals Inc.:
Search Minerals is focused on the exploration and development of critical rare earth elements (CREE), zirconium (Zr) and hafnium (Hf) resources in the emerging Port Hope Simpson – St. Lewis CREE district in southeastern Labrador. Search controls two deposits (Foxtrot and Deep Fox), two drillable prospects (Fox Meadow and Silver Fox) and numerous other REE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64-kilometre belt that forms the Labrador REE district.

Forecast information
Statements in this press release that are not historical facts constitute “forward-looking information” or “forward-looking statements” (collectively, “forward-looking statements”).Forecast information“) within the meaning of applicable Canadian securities legislation. Forward-looking Information includes, but is not limited to, disclosures regarding possible events, next steps and courses of action. In some 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.” The forward-looking information in this press release is based on certain material assumptions and involves known and unknown risks, uncertainties and other factors that 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 discussed in Search Minerals’ public documents and its Canadian Disclosure Register. Although Search Minerals has attempted to identify important factors that could affect Search Minerals and could cause actual actions, events or results to differ materially from those described in the 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 the Forward-Looking Information will prove to be accurate because actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the Forward-Looking Information. For more information on these and other risks and uncertainties that could affect the Company’s business, please refer to the “Risk Factors” and “Management’s Discussion and Analysis” with the Canadian securities regulators, which are available at www.sedarplus.ca. Except as required by law, Search Minerals disclaims any obligation to publicly release any changes to the Forward-Looking Information contained in this press release to reflect events or circumstances after the date of this release 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) has made any determination as to the contents of this news release, and neither of the foregoing entities accepts responsibility for the adequacy or accuracy of this release and has in no way approved or disapproved the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/215295

Frequently asked questions

Who has been appointed as interim CEO of Search Minerals in July 2024?

Joseph Lanzon has been appointed interim CEO of Search Minerals in July 2024.

Who is the interim CFO of Search Minerals from July 2024?

From July 2024, Greg Andrews is the interim CFO of Search Minerals.

What new roles have been added to the Search Minerals Advisory Board?

Dr. Randy Miller will lead the exploration team, and Ed Moriarity will manage communications and environmental collaboration.

What did Joseph Lanzon list as the most important initiatives for Search Minerals?

Joseph Lanzon highlighted key initiatives such as fundraising, regulatory responsibilities, processing technology, auditing, mineral concession management, exploration activities and environmental processes.

What experience does Greg Andrews bring to his role as interim CFO?

Greg Andrews has over 30 years of experience in strategic planning, financial management and administration, having held various positions at Search Minerals since 2009.