Commerce Resources Corp. Reports Saville Resources Inc. Receives Regulatory Approval of Closing of Transaction

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Commerce Resources Corp. Reports Saville Resources Inc. Receives Regulatory Approval of Closing of Transaction



Vancouver, British Columbia (FSCwire) - Commerce Resources Corp. (TSXv: CCE, FSE: D7H) (the “Company”) reports that Saville Resources Inc. has received TSX Venture Exchange approval for the transaction previously announced as the Exploration Earn-in Agreement for the Niobium Claim Group Property (see news release dated January 11, 2018).

 

Commerce President Chris Grove states, “We are excited to see this collective opportunity moving forward on these claims that we have worked on previously, and look forward to the results from Saville’s initial drill program once completed.”

 

Saville Resources Inc. currently has a work program underway at the Niobium Claim Group Property delineating drill targets.  

 

The Niobium Claim Group Property is comprised of a sub-set of the Eldor Property claims and is under the Exploration Earn-in Agreement with Saville, whereby Saville may earn up to a 75% interest, subject to certain terms and conditions. Pursuant to the agreement, the cash payment of $225,000 CAD has been made.

 

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 http://www.commerceresources.com or email info@commerceresources.com.

 

On Behalf of the Board of Directors

COMMERCE RESOURCES CORP.

 

“Chris Grove”

Chris Grove

President and Director

Tel: 604.484.2700

Email: cgrove@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.







Source: Commerce Resources Corp. (TSX Venture:CCE, OTCQX:CMRZF, FWB:D7H)

To follow Commerce Resources Corp. on your favorite social media platform or financial websites, please click on the icons below.


 

Maximum News Dissemination by FSCwire. https://www.fscwire.com

 
 

Copyright © 2018 FSCwire





Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).