Mr. Chris Grove reports

COMMERCE RESOURCES CORP. REPORTS SAVILLE RESOURCES INC. RECEIVES REGULATORY APPROVAL OF CLOSING OF TRANSACTION

Commerce Resources Corp. option partner 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 Jan. 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 currently has a work program under way at the niobium claim group property delineating drill targets.

The niobium claim group property consists of a subset of the Eldor property claims and is under the exploration earn-in agreement with Saville, whereby Saville may earn up to a 75-per-cent interest, subject to certain terms and conditions. Pursuant to the agreement, the cash payment of $225,000 has been made.

About Commerce Resources Corp.

Commerce Resources 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.