Vancouver, British Columbia (FSCwire) - Commerce Resources Corp. (TSXv: CCE; FSE: D7H) (the “Company”) is pleased to announce that, subject to regulatory approval, it has arranged a non-brokered private placement financing (the “Offering”) of up to 16,666,667 units (each, a “Unit”) at a price of $0.06 per Unit. Each Unit consists of one common share of the Company (each, a “Share”) and one share purchase warrant (each, a “Warrant”). One Warrant entitles the holder thereof to purchase one additional Share of the Company at a price of $0.075 per Share in the first year after issuance and at $0.10 per Share in the second year after issuance.
www.fscwire.com/newsrelease/...p-announces-private-placement-0