HENDERSON, NV — (Marketwired) — 11/11/14 — Searchlight Minerals Corp. (OTCBB: SRCH) ("Searchlight" or the "Company") today announced the extension of the term of certain of its outstanding warrants.On November 11, 2014, the Board of Directors of the Company approved an amendment to the expiration dates of certain outstanding warrants to purchase up to an aggregate of 14,520,373 shares of the Company–s common stock. Prior to the amendment, these warrants were set to expir
HENDERSON, NV — (Marketwired) — 10/28/13 — Searchlight Minerals Corp. (OTCBB: SRCH) ("Searchlight" or the "Company") today announced the extension of the term of certain of its outstanding warrants.On October 25, 2013, the Board of Directors of the Company unilaterally determined to amend certain of the Company-s outstanding common stock purchase warrants to purchase up to an aggregate of 14,200,935 shares of common stock to extend their expiration dates through and inclu
Luxor Capital Partners LP and Company-s CEO Are Largest Investors in Secured Convertible Note Financing
HENDERSON, NV — (Marketwired) — 08/20/13 — Searchlight Minerals Corp. (OTCBB: SRCH) ("Searchlight" or the "Company") today announced that it has entered into a binding commitment with Luxor Capital Group ("Luxor") for the issuance of a $2,600,000 secured convertible note (the "Luxor Note"). The Luxor Note will bear interest at a rate of 7% per annum and shall be convertible at the holder-s option into common shares of the Company at a price per share o
HENDERSON, NV — (Marketwired) — 08/20/13 — Searchlight Minerals Corp. (OTCQB: SRCH) ("Searchlight" or the "Company") today announced that it has entered into a binding commitment with Luxor Capital Group ("Luxor") for the issuance of a $2,600,000 secured convertible note (the "Luxor Note"). The Luxor Note will bear interest at a rate of 7% per annum and shall be convertible at the holder-s option into common shares of the Company at a price per share o
HENDERSON, NV — (Marketwired) — 07/08/13 — Searchlight Minerals Corp. (OTCBB: SRCH) ("Searchlight" or the "Company") today announced that it has successfully run its pilot autoclave on slag material taken from the Clarkdale Slag Project and furthermore, the results of the latest test confirmed gold in hand from fire assay.The ninth and latest pilot autoclave test demonstrated that 0.42 ounces per ton ("opt") gold was leached into solution from the slag sample co
Senior Corporate Metallurgist and Autoclave Process Engineer Hired on a Full-Time Basis to Manage Pilot Autoclave Testing Program