10:05:56 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Commerce Resources Corp (2)
Symbol CCE
Shares Issued 99,846,805
Close 2023-06-20 C$ 0.11
Market Cap C$ 10,983,149
Recent Sedar Documents

Commerce Resources hires Zimtu Capital for IR services

2023-06-20 04:17 ET - News Release

Also News Release (C-ZC) Zimtu Capital Corp (2)

Mr. Chris Grove of Commerce Resources reports

COMMERCE RESOURCES CORP. ANNOUNCES CONTRACT WITH ZIMTU CAPITAL CORP.

Commerce Resources Corp. has signed an agreement with Zimtu Capital Corp., whereas Zimtu shall provide Commerce Resources services under the ZimtuAdvantage program.

ZimtuAdvantage is a program designed to provide opportunities, guidance, cost savings and assistance to clients covering multiple aspects of being a public company. The services of this program include the following: Zoom with Zimtu; Zimtu Connect -- all major news/events/important updates sent to e-mail distribution list; lead generation campaigns; blog posts; digital awareness campaigns; influencer marketing; social media distribution of company news/important updates through Zimtu accounts, including Twitter, Facebook, LinkedIn, YouTube and Instagram; Rockstone reports and distribution; video news releases -- major news releases will be translated to video format, which will be distributed on all social media platforms and to Zimtu Connect subscribers; and Zimtu Question Period. The agreement is considered to include investor relations services under TSX Venture Exchange Policy 3.4.

Under the terms of the agreement, the company will pay Zimtu $12,500 (plus goods and services tax) per month for a period of 12 months, amounting to an aggregate of $150,000 (plus GST) for the duration of the one-year term. The agreement is being filed with the TSX-V.

About Commerce Resources Corp.

Commerce Resources is a junior mineral resource company focused on the development of the Ashram rare earth and fluorspar deposit, located in Quebec, Canada. The company is positioning to be one of the lowest-cost rare earth producers globally, with a specific focus on being a long-term supplier of mixed rare earth carbonate and/or NdPr (neodymium and praseodymium) oxide to the global market. The Ashram deposit is characterized by simple rare earth (monazite, bastnasite and xenotime) and gangue (carbonates) mineralogy and a large tonnage resource at favourable grade and has demonstrated the production of high-grade (greater than 45 per cent rare earth oxide) mineral concentrates at high recovery (greater than 70 per cent) in line with active global producers. In addition to being one of the largest rare earth deposits globally, Ashram is also one of the largest fluorspar deposits globally and has the potential to be a long-term supplier to the met-spar and acid-spar markets.

About Zimtu Capital Corp.

Zimtu Capital is a public investment issuer that invests with the objective of achieving long-term capital appreciation for its shareholders. Zimtu Capital companies may operate in the fields of mineral exploration, mining, technology, life sciences or investment. The company trades on the TSX Venture Exchange under the symbol ZC and on the Frankfurt Stock Exchange under the symbol ZCT1.

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