Search Minerals Inc. announced that Mr. Leo Power has been appointed to the position of interim President and Chief Executive Officer of the company following the termination by the Company on a without cause basis of the employment agreement with former President and Chief Executive Officer, Greg Andrews. The Company will immediately launch a search process to identify a new President and CEO to lead Search Minerals in the transition from mineral explorer to project developer.

The Company and Mr. Andrews are in discussions to effect the termination and ensure a smooth transition.