RE: June 29 could be a stimulating day...Great summary but I noticed one little mistake. The financing that was recently completed at
.73 did not have warrants. There were only 2 million warrants issued as part of a finder's fee. I agree that the current share sprice level seems low.
Here is the information on the details:
COMMERCE RESOURCES CORP. ("CCE")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 3, 2011
TSX Venture Tier 1 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced May 30, 2011:
Number of Shares: 10,388,834 shares
Purchase Price:
.73 per share
Number of Placees: 14 placees
Finder's Fee: $585,375 cash and 2,004,709 warrants exercisable at
.90 per share for two years