Commerce Resources (TSE:CCE) has released an update.
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Commerce Resources Corp. has launched a non-brokered private placement to raise up to $5,040,000 through the sale of 28 million flow-through units at $0.18 each, which includes a common share and a purchase warrant. The company has also partnered with Churchill SIG Pty Ltd. as the lead manager to source potential subscribers, offering Churchill a cash fee and purchase warrants as compensation for services provided.
For further insights into TSE:CCE stock, check out TipRanks’ Stock Analysis page.