Commerce Resources Corp.

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 distribution . Drill hole intersection highlights from the 2022 program include [...]

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 one additional year, until January 2024. Commerce Resources President Chris [...]

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 drill hole EC21?175 - see news release dated September 1, 2022 - further at [...]

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 share in the capital of the Company and one common share purchase warrant [...]

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 21.9%, has been shipped to a major global processor of rare earth elements [...]

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 per Unit for gross proceeds of up to $2,000,000. Each Unit consists of one [...]

Commerce Resources Corp. is pleased to announce that it has successfully scaled-up its process flowsheet with the production of approximately 1.2 kg of mixed rare earth carbonate concentrate. Further, the Company is preparing to ship an approximate 0.5 kg sample of this of mixed REC concentrate produced to both a major global processor of rare earth elements as well as a major producer / emerging global processor of REEs [...]

Commerce Resources Corp. is pleased to provide an update on its ongoing 2022 drill program at the Company's wholly owned Ashram Rare Earth and Fluorspar Deposit, located in Nunavik, Quebec. The Company has recently completed its twelfth and final drill hole of its 2022 program at the Ashram Deposit, with a total of approximately 2,760 m completed . The drill holes were completed - for deposit delineation - at various [...]

Commerce Resources Corp. , , is pleased to provide an update on Saville Resources Inc.'s diamond drill program currently underway at the Niobium Claim Group Property , a subset of the Company's Eldor claims, which are located approximately 130 km south of Kuujjuaq, Quebec. The Property covers several prospective niobium-tantalum prospects, with Saville Resources completing an Earn-in Agreement on these claims . Saville [...]

Commerce Resources Corp. , is pleased to announce a non-brokered private placement offering consisting of the issuance of up to 12,500,000 units at a price of $0.16 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 one Share at a price of $0.25 per Share for a period of three [...]