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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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(13)
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Post by MisterMarketon Feb 10, 2020 7:09pm
118 Views
Post# 30670577

Re:Re:Re:Re:Re:Re: Mike Kachanovsky: A Deal in the Making?

Re:Re:Re:Re:Re:Re: Mike Kachanovsky: A Deal in the Making?The money was raised but it didn’t make it to the bottom line. In the Audited Financial Statements for Oct 31 2019, released  Feb 3 2020, available on Sedar, Pg 5/31 shows current assets of $1 072 842 (with $243K cash) and liabilities of $1 078 471, with a WK deficit of $ 5629 at Oct 31 2019.  Why is the money not on the balance sheet if it was raised on Oct 11 2019 which is 20 days before the company’s yearend of Oct 31 2020 ???
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities