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Commerce Resources Corp. Announces Resumption of Trading Today on the OTCQX under the Symbol “CMRZF”

Listings & Exchange

Commerce Resources Corp. Announces Resumption of Trading Today on the

OTCQX under the Symbol “CMRZF”

February 19th, 2021 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H0, OTCQX: CMRZF)

(the “Company” or “Commerce”) is pleased to announce that the Company has qualified to trade

on the OTCQX® Best Market. Commerce Resources Corp. upgraded to OTCQX from the Pink®

market. Commerce Resources Corp. begins trading today on OTCQX under the sym bol

“CMRZF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for

the company on www.otcmarkets.com.

Commerce Resources Corp. President Chris Grove states “It is our pleasure to trade on the OTCQX

Best Market once again. We have many shareholders in the United States, and we look forward to

better serving them and to be more visible to new American investors who are interested in the

rare earth elements and the rare me tals we have been working on for years now. We are at an

extremely exciting time with more positive global market fundamentals than we have ever seen

before, and with the ability to deliver on our current development programs.”

Upgrading to the OTCQX Mar ket is an important step for companies seeking to provide

transparent trading for their U.S. investors. For companies listed on a qualified international

exchange, streamlined market standards enable them to utilize their home market reporting to

make their information available in the U.S. To qualify for OTCQX, companies must meet high

financial standards, follow best practice corporate governance and demonstrate compliance with

applicable securities laws. Burns Figa & Will PC acted as the company’s OTCQX sponsor.

About OTC Markets Group Inc.

OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB®

Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC

Link® ATS and OTC Link ECN, we connect a diverse network of broker -dealers that provide

liquidity and execution services. We enable investors to easily trade through the broker of their

choice and empower companies to improve the quality of information available for investors. To

learn more abo ut how we create better informed and more efficient markets, visit

www.otcmarkets.com. OTC Link ATS and OTC Link ECN are SEC regulated ATSs, operated by

OTC Link LLC, member FINRA/SIPC.

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, w ith 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 largest 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. The company also owns outright

the Blue River tantalum & niobium deposit in British Columbia.

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: http://www.commerceresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

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

release.