Commerce Resources Corp V.CCE

Alternate Symbol(s): CMRZF

Metals & Mining Industrial Metals & Minerals

Commerce Resources Corp. is a Canada-based junior mineral resource company focused on the development of the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada. The Company is primarily focused on suppling of mixed rare earth carbonate and/or neodymium and praseodymium (NdPr) oxide to the global market. Its primary asset is the Eldor Property in Quebec. The Eldor Property is situated in northern Quebec approximately 130 km south of the town of Kuujjuaq. The Property is 100%-owned by the Company and is composed of 244 claims comprising approximately 11,475 hectares, including the Ashram Rare Earth Deposit. Capacitor Metals Corp. is the wholly owned subsidiary of the Company.

TSXV:CCE - Post by User

Commerce Resources Corp

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Post by genoon Jan 08, 2007 4:39pm

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Post# 11975319

Kinda explains the insider selling.

Commerce Resources Corp (C-CCE) - Private Placement Commerce Resources 1.58-million-share private placement 2007-01-08 16:24 ET - Private Placement Shares issued 65,619,134 CCE Close 2007-01-08 C$ 0.37 The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 27, 2006: Number of shares: 1,585,625 Purchase price: 32 cents per share Warrants: 1,585,625 share purchase warrants to purchase 1,585,625 shares Warrant exercise price: 42 cents for a two-year period Number of placees: 25 Insider participation: David Hodge, 390,625 shares; Deborah Hodge, 78,125 shares; Shaun Ledding, 125,000 shares; Jody Dahrouge, 125,000 shares Pro group participation: David Poggemiller, 109,375 shares; Shaun Chin, 31,250 shares; Ken Johnston, 30,000 shares

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Unique Battery Metals opportunity in Quebec