VANCOUVER,
Sept. 15, 2014 /PRNewswire/ -
Commerce Resources Corp. (TSXv: CCE, FSE: D7H) (the
"Company" or "Commerce") is pleased to announce the appointment of
Mr. John Christopher Grove to the
position of President of the Company. Mr. Grove previously
served with the Company in the role of Corporate Development as
well as Director. Mr. David
Hodge, former President, will continue as Chief Executive
Officer and Director.
"This realignment of executive positions is to advance the
corporate focus of development through a partnership arrangement."
said Dave Hodge,
Director.
About Commerce Resources Corp.
Commerce Resources
Corp. is an exploration and development company with a particular
focus on deposits of rare metals and rare earth elements. The
Company is focused on the development of its Upper Fir Tantalum and
Niobium Deposit in British
Columbia and the Ashram Rare Earth Element Deposit in
Quebec.
On Behalf of the Board of Directors
COMMERCE RESOURCES CORP.
"David Hodge"
David
Hodge
Director
Tel: 604.484.2700
Email: dhodge@commerceresources.com
Neither TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains
forward-looking information which is subject to a variety of risks
and uncertainties and other factors that could cause actual events
or results to differ from those projected in the forward-looking
statements. Forward looking statements in this press release
include but are not limited to references to the development of
partnership arrangements; and the continued development of the
Upper Fir and Ashram deposits.
These forward-looking statements are based on the opinions and
estimates of management and its consultants at the date the
information is disseminated. They are subject to a variety of risks
and uncertainties and other factors that could cause actual events
or results to differ materially from those projected in the
forward-looking information. Risks that could change or
prevent these statements from coming to fruition include the
ability to finance ongoing exploration, development and
metallurgical programs, changing costs for mining and processing;
changing forecasts of mine production rates; the timing and content
of upcoming work programs; geological interpretations based on
drilling that may change with more detailed information; potential
process methods and mineral recoveries assumption based on test
work; the availability of labour, equipment and markets for the
products produced; market pricing for the products produced; and
despite the current expected viability of the project, conditions
changing such that the minerals on our property cannot be
economically mined, or that the required permits to build and
operate the envisaged mine can be obtained. The forward-looking
information contained herein is given as of the date hereof and the
Company assumes no responsibility to update or revise such
information to reflect new events or circumstances, except as
required by law.
SOURCE Commerce Resources Corp.
