Search Minerals (TSE:SMY) has released an update.
Search Minerals Inc. successfully completed its $1 million convertible note financing, bolstering efforts to maintain its properties and lift the cease trade order on its shares. The financing, closed in two tranches, offers a 15% annual interest rate and a conversion option into shares at $0.05 per share.
For further insights into TSE:SMY stock, check out TipRanks’ Stock Analysis page.
