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Commander Resources Ltd V.CMD

Alternate Symbol(s):  CMDRF

Commander Resources Ltd. is a Canadian-focused exploration company. It is in the business of acquisition and exploration of resource properties in Canada and Mexico. Its properties include First Loon, Sabin, October Dome, Henry Lee, Burn, Pedro, and South Voisey’s Bay, and others. The 8,892-hectare (ha) First Loon property in the Pickle Lake Gold Belt is located south and east of the main concentration of past producing mines that include the Pickle Crow, Central Patricia and Dona Lake mines. Its ownership interest on the Sabin base-precious metal property varies from 58.5% to 100%. The October Dome gold-copper property is located in central British Colombia (BC), near the town of Likely. The Company has a 100% interest in the Henry Lee copper project. Henry Lee property is located 140 kilometers (km) north of Smithers in north central British Columbia. Burn property is located about 65 km north of Smithers, BC. Its Pedro claims are located about 100 km from the city of Torreon.


TSXV:CMD - Post by User

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Post by cautious36on Apr 27, 2006 7:36pm
282 Views
Post# 10747267

News

NewsCommander Resources boosts financings Commander Resources Ltd (2) (C:CMD) Shares Issued 39,701,981 Last Close 4/27/2006 $0.37 Thursday April 27 2006 - News Release Mr. Kenneth Leigh reports PRIVATE PLACEMENT FINANCING INCREASED Commander Resources Ltd. has increased the private placement financing it detailed in Stockwatch on April 13, 2006. The brokered financing, led by Bolder Investment Partners Ltd., is now increased to a maximum of 10.5 million units, for gross proceeds of up to $3,885,000, on a best-efforts basis. The non-brokered flow-through-share placement has also been increased to a maximum of 3,695,652 shares, for gross proceeds of up to $1.7-million. The terms of both the brokered and the non-brokered financings remain the same, as previously disclosed. Proceeds from the financing will be used primarily for exploration on the Baffin Island gold project, in Nunavut, and the Hermitage uranium project, in Newfoundland. The proceeds will also go toward general working capital. This financing is subject to acceptance by the TSX Venture Exchange. © 2006 Canjex Publishing Ltd.
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