Mont Royal Resources and Commerce Resources are pleased to announce, further to its new release dated October 21, 2025 announcing the successful completion of the merger transaction between Mont Royal and Commerce pursuant to the definitive arrangement agreement dated April 8, 2025, as amended on July 29, 2025, that the reinstatement of ordinary shares of Mont Royal on the ASE, the listing of the Mont Royal Shares on the [...]
Mont Royal Resources and Commerce Resources are pleased to announce the successful completion of the merger transaction pursuant to the definitive arrangement agreement dated April 8, 2025, as amended on July 29, 2025, to combine their respective businesses, pursuant to which Mont Royal acquired 100% of the issued and outstanding common shares of Commerce by way of a court approved plan of arrangement under the Business [...]
Commerce Resources is pleased to announce that, at the annual general and special meeting of shareholders of the Company held earlier today, CCE Shareholders overwhelmingly voted in favour of approving the special resolution authorizing the previously announced plan of arrangement whereby Mont Royal Resources will acquire all of the issued and outstanding common shares in the capital of the Company and, in exchange, CCE [...]
MONTREAL, July 29, 2025 /CNW/ -- Commerce Resources Corp. announces that it has entered into an amendment agreement with Mont Royal Resources Ltd. to amend the previously announced arrangement agreement between the Company and Mont Royal dated April 9, 2025 to combine their respective businesses in a merger transaction, pursuant to which Mont Royal has agreed to acquire 100% of the issued and outstanding common shares of [...]
Commerce Resources Corp. is pleased to announce that it has granted an aggregate of 3,000,000 incentive stock options to purchase up to 3,000,000 common shares of the Company equally to Nicholas Holthouse, Jeremy Robinson and Adam Ritchie under its Equity Incentive Plan. The Options are exercisable for a period of three years from the date of Grant, expiring on July 28, 2028, at a price of $0.139 per Share. The options [...]
Commerce Ressources is pleased to announce key management appointments as it steps up focus on development of the Ashram Rare Earths Project. As part of the changes, Joel Ives has been appointed Chief Financial Officer and Company Secretary while Cindy Valence has been promoted to the role of VP Government Relations and Sustainability. Mr. Ives is a highly experienced finance and business advisory executive who has worked [...]
]Commerce Resources is pleased to note recent reports which state that the Canadian Government has committed to increase spending on critical minerals projects as part of meeting its NATO expenditure targets. The commitment could deliver substantial benefits to Commerce's Ashram rare earths project, which is the biggest undeveloped rare earths deposit in North America. Commerce CEO & President, Nicholas Holthouse, said [...]
Commerce Resources is pleased to announce that, following the recent appointment of experienced international mining executive Mr. Nick Holthouse as its new CEO, the Company is reinforcing its commitment to Québec and the development of its Ashram Rare Earth Element Deposit. Mr. Holthouse, together with key executives including Director Jeremy Robinson and General Manager Sustainability Cindy Valence, will lead a series [...]
Commerce Resources is pleased to announce the appointment of Mr. Nicholas Holthouse as President and Chief Executive Officer, effective June 1, 2025. Mr. Holthouse is a mining engineer and accomplished resource industry executive with 36 years of senior corporate, operational, and project development experience. Over the past seven years, he has focused on the global rare earths sector, including leadership roles as CEO [...]
Commerce Resources is pleased to announce the appointment of highly experienced international mining executive Mr. Nicholas Holthouse as President & Chief Executive Officer, effective from 1 June 2025. Following completion of the Company's proposed merger with Mont Royal Resources - which is scheduled to be completed by late July - Mr. Holthouse will also be appointed as Managing Director of the merged entity and will be [...]
Commerce Resources is pleased to announce that further to its news release dated April 9, 2025, the Company has completed its previously announced non-brokered private placement of secured convertible notes for aggregate gross proceeds of approximately C$2,150,000. The Notes accrue interest at a rate of 20.0% per annum, calculated on the basis of the actual number of days elapsed in an applicable interest period and on [...]
Commerce Resources is pleased to announce it has entered into a definitive agreement with Mont Royal Resources to merge the two companies. Under the agreement, Mont Royal will acquire 100% of Commerce's issued and outstanding shares through a court-approved plan of arrangement under the Business Corporations Act. The merger will create a Québec-focused critical minerals explorer and developer, combining Commerce's Ashram [...]
