Commerce Resources Corp. Announces Agreement with HE Capital Markets

Commerce Resources Corp. Announces Agreement with HE Capital

Markets

October 30, 2021 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H 0, OTCQX:

CMRZF) (the “Company” or “Commerce”) is pleased to announce that it has signed an

agreement with HE Capital Markets (“HE Capital ”), an investor relations and capital markets

advisory firm located in London, England , to provide investor relations services (the “Services”)

to the Company for a period of three months . The Company will pay HE Capital a fee of

US$15,000 in consideration for the Services. Richard O’Rourke will provide the Services to the

Company. Mr. O’Rourke is arms’ length to the Company and does not have any interest,

directly or indirectly, in the Company or its securities, or any right or intent to acquire such an

interest.

About Commerce Resources Corp.

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 lowest 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.

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 its Regulation Services Provider (as that term is def ined in policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.