Commerce Resources Corp. Announces Amendment to Warrant Exercise Price

March 20, 2018 - Commerce Resources Corp. (TSXv: CCE; FSE: D7H) (the “Company”) announces that it has applied to the TSX Venture Exchange for approval to reduce from February 17, 2018 to May 31, 2018 the Year 2 exercise price from $0.10 to $0.08 for the warrants (the “Warrants”) issued on February 16, 2017. The remainder of Year 2 (from June 1, 2018 to February 16, 2019) exercise price will revert to $0.10, as originally issued. In all other respects, the terms of the Warrants will remain unchanged and in full force and effect.

About Commerce Resources Corp.

Commerce Resources Corp. is an exploration and development company with a particular focus on deposits of rare metals and rare earth elements. The Company is focused on the development of its Ashram Rare Earth Element Deposit in Quebec and the Blue River Tantalum-Niobium Deposit in British Columbia.

For more information, please visit the corporate website at http://www.commerceresources.com or email [email protected].

On Behalf of the Board of Directors

COMMERCE RESOURCES CORP.

“Chris Grove”

Chris Grove President and Director Tel: 604.484.2700 Email: [email protected] Web: http://www.commerceresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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