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’s primary focus is on rare earth elements (REEs) and the rare metals tantalum and niobium. Its principal assets are the Eldor Property in Quebec and the Blue River Tantalum-Niobium Property in British Columbia. 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. The Blue River Property, located in British Columbia, Canada, is host to the Upper Fir Deposit. The Upper Fir Deposit is located approximately 30 kilometers (km) north of the town of Blue River and is owned 100% with no underlying royalties. Capacitor Metals Corp. is the wholly owned subsidiary of the Company.

TSXV:CCE - Post by User

Commerce Resources Corp

Bullboard Posts

Post by thairaton Aug 21, 2019 11:32am

228 Views

Post# 30050636

Mike Kachanovsky: Hard dollar placement coming

With the consolidation, the chunk of flow through paper in this round will not amount to a huge block of cheap paper that will crush the share price once it becomes free trading:

Commerce Resources Corp. Announces Flow-through Private Placement Adjustment...at a price of $0.55 per Unit for gross proceeds of up to $400,000 (the “Offering”)...

I am waiting for the hard dollar placement that I believe is coming when this round closes. And with cash in hand, perhaps CCE can become more aggressive to move things ahead and generate news flow to sustain a higher market cap. I continue to hold a core position and CCE runs a paid ad on this website.

cheers!

mike

https://forum.mexicomike.ca/viewtopic.php?style=20&f=2&t=12167&sid=ecb938ea0bddbb880c6e0b4facbb8330#p217602

Bullboard Posts

Gold penny stock unearths more riches from its assets