Commerce Resources (TSE:CCE) has released an update.
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Commerce Resources Corp. has successfully finalized the sale of its Blue River Assets in British Columbia to a private company, receiving 20 million shares as consideration. The company plans to distribute these shares to its shareholders at a later date, following legal and exchange guidelines. The Blue River sale enhances Commerce’s focus on developing the Ashram Rare Earth and Fluorspar Deposit in Quebec.
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