Commerce Resources Announces Contract with Zimtu Capital
Commerce Resources Announces Contract with Zimtu Capital
November 3, 2021 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H0) (the “Company” or
“Commerce”) is pleased to announce it has signed an agreement with Zimtu Capital Corp.
(TSXv: ZC; FSE: ZCT1) (“Zimtu”) whereas Zimtu shall provide Commerce Resources services
under the ZimtuADVANTAGE program.
ZimtuADVANTAGE is a program designed to provide opportunities, guidance, cost savings
and assistance to clients covering multiple aspe cts of being a public company. The services
may include building financial networks, building business networks, shared costs with
other public companies, building a social media presence, conference opportunities, media
outlets and guidance, and special g roup pricing provided by Zimtu’s network of public
company professionals. The program provides the flexibility to allow companies to
customize the products and services to best support their needs.
Under the terms of the agreement, Zimtu shall receive $12 ,500 per month for a period of
twelve months.
About Zimtu Capital
Zimtu Capital Corp. is a public investment issuer that invests with the objective of achieving
long-term capital appreciation for its shareholders. Zimtu Capital companies may operate in
the fields of mineral exploration, mining, technology, life sciences or investment. The
Company trades on the TSX Venture Exchange under the symbol “ZC” and Frankfurt under
symbol “ZCT1”. For more information visit http://www.zimtu.com
About Commerce Resources
Commerce Resources Corp. is a junior mineral resource company focused on the
development of the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada.
The Company is positioning to be one of the lowe st cost rare earth producers globally, with
a specific focus on being a long -term supplier of mixed rare earth carbonate and/or NdPr
oxide to the global market. The Ashram Deposit is characterized by simple rare earth
(monazite, bastnaesite, xenotime) and gangue (carbonates) mineralogy, a large tonnage
resource at favourable grade, and has demonstrated the production of high -grade (>45%
REO) mineral concentrates at high recovery (>70%) in line with active global producers. In
addition to being one of the la rgest rare earth deposits globally, Ashram is also one of the
largest fluorspar deposits globally and has the potential to be a long -term supplier to the
met-spar and acid-spar markets. For more information, please visit the corporate website at
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: https://www.commerceresources.com
Neither TSX Venture Exchange nor it s 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.