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Commerce Resources ( (TSE:CCE) ) has issued an announcement.
Commerce Resources Corp. has granted 9,000,000 performance share units to CEO Ross Carroll under its Equity Incentive Plan. These units will vest based on specific performance criteria met over the next year. This development reflects the company’s strategic efforts to incentivize leadership aligned with its growth objectives, potentially impacting its market position and operational efficiency.
More about Commerce Resources
Commerce Resources Corp. is a junior mineral resource company focused on developing the Ashram Rare Earth and Fluorspar Deposit in northern Quebec, Canada. The company aims to be a low-cost supplier of mixed rare earth carbonate and NdPr oxide, with a strategic position in the rare earth and fluorspar markets. Commerce is also exploring additional commodities such as niobium and phosphate to potentially reduce development costs.
YTD Price Performance: 0%
Average Trading Volume: 189,310
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$18.02M
For a thorough assessment of CCE stock, go to TipRanks’ Stock Analysis page.
