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Search Minerals Appoints Chief Financial Officer

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Search Minerals (SHCMF) announced the appointment of Jason Macintosh as Chief Financial Officer effective October 17, 2025. Mr. Macintosh brings over 25 years of finance experience and most recently served as CFO & Corporate Secretary for STLLR Gold, where he led accounting, controls and finance strategy. The company highlighted Mr. Macintosh’s focus on capital discipline and support for advancing the Deep Fox and Foxtrot critical rare earth elements projects. The Board said the appointment strengthens leadership capacity and supports long-term shareholder value and engagement with community and Indigenous partners.

Search Minerals (SHCMF) ha annunciato la nomina di Jason Macintosh come Chief Financial Officer con effetto dal 17 ottobre 2025. Il signor Macintosh porta oltre 25 anni di esperienza finanziaria e ha ricoperto recentemente il ruolo di CFO & Corporate Secretary per STLLR Gold, dove ha guidato contabilità, controlli e strategia finanziaria. L'azienda ha sottolineato l'attenzione di Mr. Macintosh alla disciplina del capitale e il supporto all'avanzamento dei progetti Deep Fox e Foxtrot, elementi chiave delle terre rare. Il Consiglio ha detto che la nomina rafforza la capacità di leadership e sostiene il valore per gli azionisti nel lungo periodo, nonché l'impegno con le comunità e i partner indigeni.

Search Minerals (SHCMF) anunció el nombramiento de Jason Macintosh como Director Financiero Ejecutivo con efecto a partir del 17 de octubre de 2025. El señor Macintosh aporta más de 25 años de experiencia en finanzas y ocupó recientemente el cargo de CFO y Secretario Corporativo de STLLR Gold, donde dirigió la contabilidad, los controles y la estrategia financiera. La empresa destacó el enfoque de Macintosh en la disciplina de capital y el apoyo a avanzar los proyectos de tierras raras críticos Deep Fox y Foxtrot. La Junta dijo que el nombramiento fortalece la capacidad de liderazgo y apoya el valor para los accionistas a largo plazo y el compromiso con las comunidades y socios indígenas.

Search Minerals (SHCMF)가 2025년 10월 17일부로 제이슨 맥타논을 최고재무책임자(CFO)로 임명했다고 발표했습니다. 맥타논 씨는 25년이 넘는 재무 경력을 보유하고 있으며 최근 STLLR Gold에서 CFO 겸 기업비서로 재직하며 회계, 내부통제 및 재무전략을 이끌었습니다. 회사는 특히 맥타논 씨의 자본 규율에 대한 집중과 Deep FoxFoxtrot의 주요 희토류 자원 개발 프로젝트를 추진하는 데 초점을 맞춘 점을 강조했습니다. 이사회는 이번 임명이 리더십 역량을 강화하고 장기적인 주주 가치 및 지역사회 및 원주민 파트너와의 협력을 뒷받침한다고 말했습니다.

Search Minerals (SHCMF) a annoncé la nomination de Jason Macintosh au poste de directeur financier avec effet au 17 octobre 2025. M. Macintosh apporte plus de 25 ans d'expérience financière et a occupé récemment le poste de CFO et Secrétaire corporatif pour STLLR Gold, où il a dirigé la comptabilité, les contrôles et la stratégie financière. L'entreprise a souligné l'accent mis par M. Macintosh sur la discipline du capital et le soutien à l'avancement des projets d'éléments rares critiques Deep Fox et Foxtrot. Le Conseil a déclaré que cette nomination renforce la capacité de leadership et soutient la valeur pour les actionnaires à long terme ainsi que l'engagement avec les communautés et les partenaires autochtones.

Search Minerals (SHCMF) gab die Ernennung von Jason Macintosh zum Chief Financial Officer mit Wirkung zum 17. Oktober 2025 bekannt. Herr Macintosh verfügt über mehr als 25 Jahre Finanz­erfahrung und war zuletzt als CFO & Corporate Secretary bei STLLR Gold tätig, wo er Buchhaltung, Kontrollen und Finanzstrategie leitete. Das Unternehmen hob Macintoshs Fokus auf Kapitaldisziplin und Unterstützung bei der Weiterentwicklung der Deep Fox- und Foxtrot-Projekte für kritische Seltene-Erden hervor. Der Vorstand sagte, die Ernennung stärkt die Führungsfähigkeit und unterstützt den langfristigen Aktionärswert sowie das Engagement mit Gemeinschaften und indigenen Partnern.

Search Minerals (SHCMF) أعلنت تعيين Jason Macintosh كمدير مالي تنفيذي اعتباراً من 17 أكتوبر 2025. يجلب السيد Macintosh أكثر من 25 عاماً من الخبرة في المالية وتولى مؤخراً منصب CFO وكاتب سر الشركة لـ STLLR Gold، حيث قاد المحاسبة والضوابط واستراتيجية التمويل. وأبرزت الشركة تركيز السيد Macintosh على انضباط رأس المال ودعم تقدم مشروعات Deep Fox وFoxtrot لندرة العناصر الأرضية الأساسية. وقال المجلس إن التعيين يعزز القدرة القيادية ويدعم قيمة المساهمين على المدى الطويل والتفاعل مع المجتمع والشركاء من السكان الأصليين.

Search Minerals (SHCMF) 宣布任命 Jason Macintosh 为首席财务官,任期自 2025 年 10 月 17 日起生效。 Macintosh 先生拥有超过 25 年 的财务经验,最近担任 STLLR Gold 的 CFO 及公司秘书,在那里领导会计、内控和财务策略。公司强调 Macintosh 先生在资本纪律方面的专注以及推动 Deep FoxFoxtrot 这两个关键稀有土元素项目的进展。董事会表示,这一任命将增强领导力,支持长期股东价值及与社区和原住民伙伴的参与。

Positive
  • Appointed experienced CFO with 25+ years finance experience
  • Appointment dated October 17, 2025 provides defined leadership timing
  • CFO experience includes strategic accounting and controls at STLLR Gold
  • Named CFO supports Deep Fox and Foxtrot project advancement
Negative
  • Press release provides no financial guidance or targets tied to appointment

St. Lewis, Newfoundland and Labrador--(Newsfile Corp. - October 17, 2025) - Search Minerals Inc. (TSXV: SMY) ("Search Minerals" or the "Company") is pleased to announce the appointment of Mr. Jason Macintosh, B.Comm, MBA, CPA, CGA as Chief Financial Officer (CFO).

Mr. Macintosh is a results-driven professional with over 25 years of comprehensive finance experience. He has a strong commitment to professional integrity, shareholder wealth preservation, and the alignment of finance strategies with overall business objectives. Most recently, he served as CFO & Corporate Secretary for STLLR Gold Inc., a Canadian gold development company with significant projects in Ontario and the Northwest Territories. In this role, he provided the strategic leadership for accounting and finance operations, established robust policies and controls, while supporting the company's continued growth and exploration efforts.

Commenting on his new role, Mr. Macintosh stated, "I'm excited to join Search Minerals at such a pivotal stage of growth. The Deep Fox and Foxtrot Projects are key assets in strengthening Canada's critical minerals supply chain. As CFO, my focus will be on supporting the company's financial strategy and ensuring the capital discipline needed to drive long-term shareholder value."

Joseph Lanzon, CEO and Director commented, "The Board is delighted to welcome Jason to our executive team. His appointment strengthens our leadership capacity, reinforcing a prudent approach to fiscal discipline and the generation of long-term value for shareholders and our community and Indigenous partners. Jason's financial and corporate experience will greatly benefit the company as it advances the Deep Fox and Foxtrot Critical Rare Earth Elements projects to development."

For further information about Search Minerals, please contact:

Joseph Lanzon
CEO and Director
Telephone: 613-796-5957
Email: joseph.lanzon@searchminerals.ca

About Search Minerals

Search Minerals is focused on exploring for and developing Critical Rare Earths Elements (CREE) as well as transition metals Zirconium (Zr) and Hafnium (Hf) within the emerging Port Hope Simpson - St. Lewis CREE District of South-East Labrador. The Company controls two deposits (Foxtrot and Deep Fox), two drill ready prospects (Fox Meadow and Silver Fox) and numerous other CREE prospects, including Fox Valley, Foxy Lady and Awesome Fox, along a 64 kilometre long belt forming a CREE District in Labrador.

Search Minerals also controls additional CREE assets in the Red Wine CREE District of central Labrador. These include: the drill ready Two Tom Lake CREE-Be-Nb deposit, the Mann #1 CREE-Nb-Be prospect and Merlot CREE Prospect.

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 certain 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 are 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270843

FAQ

Who is the new CFO of Search Minerals (SHCMF) announced October 17, 2025?

The company appointed Jason Macintosh as Chief Financial Officer on October 17, 2025.

What experience does Jason Macintosh bring to Search Minerals (SHCMF)?

Mr. Macintosh has over 25 years of finance experience and was most recently CFO & Corporate Secretary at STLLR Gold.

How will the October 17, 2025 CFO appointment affect Search Minerals' projects?

Management said the CFO will support the financial strategy for advancing the Deep Fox and Foxtrot critical rare earth elements projects.

Does the Search Minerals (SHCMF) announcement include financial guidance or targets with the CFO hire?

No; the announcement does not provide any financial guidance, targets, or metrics tied to the CFO appointment.

Who commented on the CFO appointment at Search Minerals (SHCMF)?

Joseph Lanzon, CEO and Director, commented that the Board is delighted to welcome Jason and that the hire strengthens leadership capacity.
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