Commerce Resources (TSX-V:CCE, StockForum), a Vancouver-based exploration stage company engaged in acquiring, exploring, developing and evaluating mineral resource properties, announced to investors that there has been no recent material change in operations or corporate development at Commerce.
The release came at the request of the TSX as shares for the company mysteriously spiked during trading today.
Commerce had announced “significant” flowsheet advances at Ashram at the beginning of December and the market responded with a 8% share value bump which remained constant until stocks for the company began their dizzying ascent at the top of trading.
In earlier news, Commerce was highlighted on Episode 16 of The Next Biggest Winner back in October.
Shares were up 61.54% on the news to $0.105 per share.
Currently there are 167.0m outstanding shares with a market cap of $17.5 million.