Chris Grove on Commerce relation to Saville and UcoreChris Grove President COMMERCE RESOURCES Commerce Resources is an exploration and development company with a particular focus on deposits of rare earth elements and rare metals. Can you elaborate on Commerce Resources relationship with Saville Resources and Ucore Rare Metals? Qubec is the second largest niobium producer globally with the Niobec mine, and global niobium demand continues to appreciate at ~10% per annum. Commerce Resources has the world class Ashram REE deposit, but we found that we did not have the financial wherewithal to also continue advancing what are spectacular niobium results, and so the company saw it as an attractive opportunity to partner with a close sister company, Saville Resources. Saville Resources will be responsible for drilling the niobium rich areas, while Commerce Resources continues to focus on the developments of our Ashram REE project. How have developments in the market for rare earth elements affected Commerce Resources in the last two years? In 2016, the drive to find substitutes for REE, for the manufacturing of permanent magnets for electric motors, was put to rest, as it was unsuccessful. As well, REE prices had reverted so much, that there was no reason to continue the R&D activities geared towards discovering REE substitutes. The second fundamental shift in the REE market happened in October 2018. China announced that imported REE feedstock has now surpassed domestic production. The Chinese government has been very active in shutting down illegal producers of commodities and projects that pollute heavily. As an REE processor, Ucore could use additional sources of REE feed stock and thus they can benefit from a relationship with Commerce Resources. As we are both still juniors, we are looking for a capital injection which will allow us to develop this association fully. https://www.gbreports.com/files/pdf/_2019/Quebec_Mining_2019.pdf