Commerce Resources Corp. wishes to announce the appointment of Mr. Adam Ritchie as a new director. Mr. Ritchie brings with him a wealth of experience in the mining industry with a focus on major project development. His expertise and vision align well with Commerce's goals, and the Company looks forward to benefiting from his guidance in the coming [...]
Commerce Resources Corp. wishes to announce that it has entered into a termination and forgiveness of debt agreement with Saville Resources Inc. , whereby the parties have mutually agreed to terminate the earn in agreement between Commerce and Saville on the Niobium Claim Group Property entered into in January 2018, and extended on January 11, 2023 [...]
Commerce Resources Corp. wishes to announce changes to its Board of Directors. Dr. Axel Hoppe has resigned as a director and Chairman of the Company, effective immediately. The Company would like to express its sincere gratitude to Dr. Hoppe for his invaluable contributions and dedicated service during his tenure. His insights and leadership have [...]
Commerce Resources Corp. is pleased to report that, further to its news release dated September 29, 2023, where it announced the production of 0.43 kg of mixed rare earth carbonate , it has produced an additional 0.6 kg of mixed REC concentrate to satisfy third-party sample requests from industry. The 0.6 kg sample of mixed REC concentrate produced [...]
Commerce Resources Corp. is pleased to announce that it has closed its previously announced non-brokered private placement , as described in its news release dated September 18, 2023. The Offering was over-subscribed, and the Company has received subscription agreements and subscription funds from subscribers to acquire 68,174,150 Units at a price [...]
Commerce Resources Corp. is pleased to report that, further to its news release dated October 27, 2022, where it announced a successful scale-up of its process flowsheet to kilogram quantities of mixed rare earth carbonate , it has produced additional amounts of mixed REC concentrate to satisfy third-party sample requests. A 0.43 kg sample of mixed [...]
Commerce Resources Corp. is pleased to announce a non-brokered private placement offering consisting of the issuance of up to 60,000,000 units at a price of $0.08 per Unit for gross proceeds of up to $4,800,000 . Each Unit will consist of one common share of the Company and one common share purchase warrant , with each Warrant entitling the holder [...]
Commerce Resources Corp. is pleased to announce the signing of a Letter of Intent with the Saskatchewan Research Council to deliver amounts of the Mixed Rare Earth Carbonate produced from the Ashram Rare Earth and Fluorspar Deposit to their Rare Earth Processing Facility in Saskatoon, SK. The intention of this collaboration is to complete the first [...]
Commerce Resources Corp. is pleased to announce that, further to its news of June 22, 2023, and its intention to spin-out its Blue River property it has incorporated Capacitor Metals Corp., a British Columbia company which is currently a wholly-owned subsidiary of Commerce. Capacitor Metals Corp. will ultimately hold all the British Columbia claims [...]
Commerce Resources Corp. is pleased to announce its intention carry out a strategic reorganization of its assets through which the Company would spin-out its Blue River property, located in British Columbia, into a newly created entity , which would seek an independent listing on the Canadian Securities Exchange . As a result of the Spinout, SpinCo [...]
Commerce Resources Corp. is pleased to announce it has signed an agreement with Zimtu Capital Corp. whereas Zimtu shall provide Commerce Resources services under the ZimtuADVANTAGE program. ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings and assistance to clients covering multiple aspects of being a public [...]
Commerce Resources Corp. , , is pleased to announce assay results for the twelve holes completed at the Ashram Rare Earth and Fluorspar Deposit as part of its 2022 drill program. The Ashram Deposit is one of the largest rare earth element deposits in the world, and monazite is its primary rare earth mineral resulting in a strong NdPr oxide [...]