Commerce Resources Corp. is pleased to announce that, further to its News Releases of December 18, 2020 and December 24, 2020, it has completed the second and final tranche of the non-brokered private placement, pursuant to which it has issued an aggregate of 161,291 common shares issued on a "flow-through" basis pursuant to the Income Tax Act at a [...]
Commerce Resources Corp. is pleased to announce that, further to its News Release of December 18, 2020, it has completed a first tranche of the non-brokered private placement, pursuant to which it has issued an aggregate of 6,279,838 common shares issued on a "flow-through" basis pursuant to the Income Tax Act at a price of $0.31 per Share for [...]
Commerce Resources Corp. is pleased to announce a non-brokered private placement consisting of the issuance of up to 8,064,516 common shares issued on a "flow-through" basis pursuant to the Income Tax Act at a price of $0.31 per Share for gross proceeds of up to $2,500,000 . Insiders may participate in the Offering. The aggregate gross proceeds [...]
Commerce Resources Corp. is pleased to announce that it has completed its previously announced non-brokered private placement, as described in its News Releases dated November 5, 2020 and December 2, 2020, pursuant to which it has issued an aggregate of 15,571,241 units at a price of $0.21 per Unit for gross proceeds of $3,269,960.61. Each Unit [...]
Commerce Resources Corp. is pleased to announce that, further to its news release of November 5, 2020, the Company is increasing the number of units to be issued in its non-brokered private placement offering from up to 9,523,809 Units for gross proceeds of up to $2,000,000 to up to 14,285,714 Units at a price of $0.21 per Unit for gross proceeds [...]
Commerce Resources Corp. is pleased to announce that it has produced additional samples of acid-grade fluorspar concentrate from the Ashram Rare Earth and Fluorspar Deposit, Quebec. The test work on fluorspar recovery is being carried out by Hazen Research, CO, USA, which is also developing the primary rare earth element recovery flowsheet [...]
Commerce Resources Corp. is pleased to announce that it has initiated a metallurgical program to produce a high-grade rare earth element mineral concentrate to satisfy a processor's request. The mineral concentrate will be produced from the Ashram Rare Earth and Fluorspar Deposit using the conventional recovery flowsheet developed at Hazen Research [...]
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 a non-brokered private placement consisting of the issuance of up to 9,523,809 units at a price of $0.21 per Unit for gross proceeds of up to $2,000,000. Each Unit will consist of one common share of the Company and one common share purchase warrant, with each Warrant entitling the holder to purchase [...]
Commerce Resources Corp. is pleased to announce the start of a test project initiative with MineSense, a digital mining solutions provider based in Vancouver, BC. The project is being conducted as part of the Company's ongoing collaboration with CanmetMINING, a branch of Natural Resources Canada . MineSense specializes in digital technology [...]
Commerce Resources Corp. is pleased to announce continued advancements towards impurity suppression and removal, from high-grade fluorspar concentrate produced from the Ashram Rare Earth and Fluorspar Deposit, Quebec. Previous test work has demonstrated the ability to achieve fluorspar grades in excess of 97% CaF2, as well as specifications for [...]
Commerce Resources Corp. is pleased to announce that it has been awarded a combined total of $160,000 in grant funding in support of research and development of the Ashram Rare Earth and Fluorspar Deposit's flowsheet. The Ashram Deposit is one of the largest rare earth deposits being advanced globally, with a fluorspar component which also then [...]