Mr. Robert Cameron reports
COMMANDER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT FINANCING
Commander Resources Ltd. plans to complete a non-brokered private placement of up to $600,000. The offering will consist of up to $400,000 in flow-through shares at 10 cents per flow-through share and up to $200,000 in units at eight cents per unit. Each unit will consist of one common share and one share purchase warrant, with each unit warrant being exercisable for one additional common share at a price of 14 cents for 18 months from the closing date.
The proceeds from the offering will be used to advance exploration on the company's current projects and for general corporate purposes.
In connection with the offering, the company may pay finders' fees of up to 6 per cent in cash.
The offering is subject to receipt of TSX Venture Exchange acceptance.
About Commander Resources Ltd.
Commander is a Canadian-focused exploration company that has leveraged its success in exploration through a combination of partnerships and sole financed exploration. Commander has a portfolio of base and precious metal projects across Canada. Commander also retains royalties from properties that have been partnered, optioned or sold.
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