Zimtu Capital buying at Commerce Resources (CCE)

Zimtu Capital buying at Commerce Resources (V:CCE)

Zimtu Capital Corp., a 10% Holder, acquired 1,000,000 Common Shares on a direct ownership basis at a price of $0.180 through a prospectus or prospectus exempt offering on June 25th, 2020. The insider also acquired 1,000,000 Warrants with an exercise price of $0.240 for five long years. This represents a $180,000 investment into the company's shares and an account share holdings change of 19.0%.

Commerce Resources is in the Precious Metals & Minerals Sub Industry Group under the Basic Materials Sector.

Commerce Resources Corp. is a mineral exploration and development company. The Company's primary focus is on rare earth elements (REEs) and the rare metals tantalum and niobium. It is focused on the development of its Ashram Rare Earth Deposit at the Eldor Property in Quebec, and its Upper Fir Tantalum and Niobium Deposit at the Blue River Project in British Columbia. Its principal assets are the Eldor Property in Quebec and the Blue River Tantalum-Niobium Project in British Columbia. The Eldor Property is situated in northern Quebec approximately 130 kilometers south of the town of Kuujjuaq. The property consists of approximately 400 claims comprising approximately 19,010 hectares, including the Ashram Rare Earth Deposit. Its Blue River claims are located in the Blue River region of the Kamloops Mining District of British Columbia, Canada. Other claims consist of mineral claims located in British Columbia, Canada known as the Alan Parson, Carbo claims and Treasure Mountain Property.