Commerce Resources Corp. Updates Disclosure on Closed Private Placement
CW15241680.2
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
Commerce Resources Corp. Updates Disclosure on Closed Private Placement
June 2 9, 2020 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H 0) (the “ Company” or
“Commerce”) announces that, further to its News Release of June 26, 2020, whereby it announced
the closing of a non-brokered private placement (the “ Offering”) of 6,686,939 units (each, a
“Unit”) at a price of $0.18 per Unit for gross proceeds of $1,203,649.02, it wishes to disclose the
updated amount of finders’ fees paid in connection with the Offering to cash finder’s fees of
$53,076.80 and 290,067 Finder’s Warrants.
None of the securities sold in connection with the Offering will be registered under the United
States Securities Act of 1933, as amended, and no such securities may be offered or sold in the
United States absent registration or an applicable exemption from the registration requirements.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall
there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would
be unlawful.
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 Upper Fir 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 policies
of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.