Commerce Resources Closes $7.5 Million Non-Brokered Private Placement

Commerce Resources Inc. (TSXV:CCE,FRA:D7H,OTC:CMRZF) announced it has completed its non-brokered private placement and raised $7.58 million.

The press release is quoted as saying:

The proceeds of the Private Placement will be used to advance the Company’s exploration and development programs on itsBlue River Tantalum and Niobium Project in British Columbia and its Eldor Rare Earth Project in Quebec, and for general working capital.

To read the full press release, click here.

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