Commerce Resources ( (TSE:CCE) ) has issued an announcement.
Commerce Resources Corp. has announced a change in its management, with Mr. Ross Carroll stepping down as President and CEO. Mr. Jeremy Robinson, a non-executive Director, will take over as interim President and CEO to oversee the company’s dual listing on the Australian Securities Exchange and the next phase of the Ashram Rare Earths Project development. This transition marks a significant period for the company as it advances its strategic goals and positions itself in the global market.
More about Commerce Resources
Commerce Resources Corp. is a junior mineral resource company focused on developing the Ashram Rare Earth and Fluorspar Deposit in northern Quebec, Canada. The company aims to be a low-cost producer of rare earth elements, with a focus on supplying mixed rare earth carbonate and NdPr oxide to the global market. Additionally, it explores other high-value commodities like niobium and phosphate minerals to potentially reduce costs through shared development.
YTD Price Performance: -11.76%
Average Trading Volume: 173,158
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$15.9M
See more data about CCE stock on TipRanks’ Stock Analysis page.