19:07:01 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Commerce Resources Corp (2)
Symbol CCE
Shares Issued 99,846,805
Close 2023-10-31 C$ 0.10
Market Cap C$ 9,984,681
Recent Sedar Documents

Commerce Resources private placement

2023-11-01 16:13 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Sept. 18, 2023.

Number of shares:  68,174,750 shares

Purchase price:   eight cents per share

Warrants:  68,174,750 share purchase warrants to purchase 68,174,750 shares

Warrant exercise price:   12 cents for a three-year period

Number of placees:  106 placees

Aggregate existing insider involvement:  one insider, three million shares

Aggregate pro group involvement:  one group, 225,000 shares

Finder's fee:  $149,644, 5,062,210 warrants

Finders' warrants terms:  4.95 million warrants entitles the holder to purchase one common share at the price of eight cents for period of two years from the date of issuance; 112,210 warrants entitles the holder to purchase one common share at the price of 12 cents for period of three years from the date of issuance

The company issued a news release on Oct. 30, 2023, and Nov. 1, 2023, confirming closing of the private placement.

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