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.

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Commerce Resources Corp

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Comment by thairaton Jun 25, 2019 1:07pm

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Post# 29861065

RE:Some questions

The road is less than $200m. They try to get Quebec to finance the road, possibly by a low percentage credit guaranteed by Plan Nord. On site is a mineral process plant like the pilot at Hazen, just bigger, needed to produce the feedstock, a REE concentrate which would be shipped to Solvay/Rhodia, Ucore, Blue Line, Rare Earth Salts etc...Commerce plans to sell REE concentrates not seperated REEs, no own SX Plant needed. capex maybe less than $500m.

please read Commerce presentation
https://www.docdroid.net/ZjO9EW0/ashram-corporate-march-2019.pdf#page=26

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