Searchlight Enters into Sale Agreement of Kulyk Lake and Daly Lake Projects to Monazite Metals Corp.
TMX Newsfile·2025-12-18 12:30
Total compensation up to $1,480,000 $180,000 cash and $1,000,000 in Monazite Metals shares$300,000 payment subject to achievement of certain milestones1% Net Smelter Royalty Vancouver, British Columbia--(Newsfile Corp. - December 18, 2025) - Searchlight Resources Inc. (TSXV: SCLT) (OTC Pink: SCLTF) ("Searchlight" or the "Company") is pleased to announce that it has entered into an agreement, dated December 16, 2025 ("MMC Agreement"), with Monazite Metals Corp. ("MMC") to sell the Company's Kulyk Lake and D ...