Commerce Resources Corp. Announces Closing of Second and Final Tranche of Flow-through Non-brokered Private Placement

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Dec 31, 2020
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VANCOUVER, BC / ACCESSWIRE / December 30, 2020 / Commerce Resources Corp. (TSXV:CCE, Financial)(FSE:D7H0) (the "Company" or "Commerce") is pleased to announce that, further to its News Releases of December 18, 2020 and December 24, 2020, it has completed the second and final tranche (the "Offering") of the non-brokered private placement, pursuant to which it has issued an aggregate of 161,291 common shares (each, a "Share") issued on a "flow-through" basis pursuant to the Income Tax Act (Canada) at a price of $0.31 per Share for gross proceeds of $50,000.21. The Company received an aggregate of $1,996,749.99 from the first and second tranches of the Offering.