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 Dec 05, 2005 5:55pm

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Post# 9967646

Looks like the good old boys are in

Must be something to this story that got these guys interested. Hmmm. Commerce Resources Corp (C-CCE) - Private Placement Commerce Resources 8,868,333-share private placement 2005-12-05 16:30 ET - Private Placement Shares issued 26,821,758 CCE Close 2005-12-05 C$ 0.13 The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Oct. 28, 2005. Shares: 8,868,333 Price: 12 cents per share Warrants: 8,868,333 share purchase warrants to purchase 8,868,333 shares Exercise price: 18 cents for a one-year period Placees: eight Insider: RAB Capital PLC 8,333,333 Finder's fee: Christopher Grove will receive a finder's fee of $5,000 and 50,000 common shares

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