COMMERCE RESOURCES CORP.

Commerce Resources Corp. is an exploration and development company with a particular focus on deposits of rare earth elements and rare metals. The company is specifically focused on the development of its Ashram Rare Earth and Fluorspar DepositProject at the Eldor Property in Quebec. The Ashram Deposit is a carbonate with monazite, the dominant rare earth mineral, accompanied by less bastnaesite and xenotime. The company engages in the acquisition, exploration, development, and evaluation of mineral resource properties in Canada. The company explores for rare earth elements. Its principal property is the Eldor property comprising 244 claims that covers an area of approximately 11,475 hectares located in northern Quebec.