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CMRZF - Commerce Resources to raise up to $3M in stock offering
Commerce Res Corp
Commerce Resources (OTCQX:CMRZF) plans to conduct a non-brokered private placement of up to 10.7M units on a "flow-through" basis at a price of $0.28/share. Gross proceeds are expected up to $3M. Insiders may participate in the offering. Proceeds from the financing will be used to will be used to advance the developments of the Company's Ashram REE Deposit in Quebec.