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 [...]
Commerce Resources Corp. is pleased to announce the extension of the earn-in agreement with Saville Resources Inc.'s for exploration of the Company's Niobium Claim Group Property , a subset of the Company's Eldor claims, located in northern Quebec. The agreement will be extended, with similar terms as originally agreed upon in January 2018 , for [...]
Commerce Resources Corp. is pleased to announce results from Saville Resources Inc.'s 2022 drill program at its Niobium Claim Group Property. The 2022 drill program, completed by Saville Resources in August, totaled 600.0 m over three holes and focused on the Mallard Prospect. The 2022 drill program targeted the niobium zone previously reported in [...]
Commerce Resources Corp. , is pleased to announce that it has completed its previously announced non-brokered private placement , as described in its News Release dated August 16, 2022, pursuant to which it has issued an aggregate of 8,192,175 units at a price of $0.16 per Unit for gross proceeds of $1,310,748. Each Unit consists of one common [...]
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 satisfied an additional third-party sample request. A 100 g sample of mixed REC, with an NdPr oxide distribution of [...]
Commerce Resources Corp. announces that the TSX Venture Exchange has granted a thirty day extension until December 5, 2022 for completion of the Company's non-brokered private placement , previously announced in its news release dated August 16, 2022. The terms of the Offering provide for the issuance of up to 12,500,000 units at a price of $0.16 [...]