Commerce Resources Sells Blue River Assets
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Commerce Resources Sells Blue River Assets

Commerce Resources (TSE:CCE) has released an update.

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.

For further insights into TSE:CCE stock, check out TipRanks’ Stock Analysis page.

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