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Commerce Resources Corp. Clarifies Number of Stock Options Granted

Share Capital & Compensation

CW11191357.1

Commerce Resources Corp. Clarifies Number of Stock Options Granted

July 6, 2017 - Commerce Resources Corp. (TSXv: CCE; FSE: D7H) (the “ Company ”) announces

that, further to its News Release of June 5, 2017, the number of stock options to be granted to

directors, officers, consultants and employees was incorrectly stated. The correct number of

stock options granted is 13,372,320. All other terms of the stock options remain the same.

.

About Commerce Resources Corp.

Commerce 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 on Commerce Resources Corp., v isit the corporate website at

http://www.commerceresources.com or email [email protected] .

On Behalf of the Board of Directors

COMMERCE RESOURCES CORP.

Chris Grove

President and Director

Tel: 604.484.2700

TF: 866.484.2700

Email: [email protected]

Web: http://www.commerceresources.com

Neither TSX Venture Exchange nor its Regulation Serv ices Provider (as that term is defined in policies of the

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