Commerce Resources (CCE.V) has closed a first tranche of its prospectus offering, issuing 15.6 million units at C$0.075 per unit, with each unit consisting of one common share and a full warrant valid for two years. The net proceeds of this financing will be approximately C$1.1M. The prospectus offering remains open, and we anticipate the company to raise some more cash.
A lot has happened at Commerce Resources, and we’re currently preparing a Q&A report with President Chris Grove to discuss the achievements into more detail.
Go to Commerce’s website
The author has no position in Commerce Resources. Commerce isn’t a sponsor of the website, but parent company Zimtu Capital is. Please read the disclaimer
