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Strata Oil Announces Revocation of Cease Trade Order

Strata Oil Announces Revocation of Cease Trade Order

CALGARY, ALBERTA (FSCwire) – Strata Oil & Gas Inc. (“Strata” or the “Company”) announces that it has been successful in its applications to the Alberta Securities Commission, as principle regulator, and the British Columbia Securities Commission, to revoke the cease trade orders issued on June 14, 2013 and October 3, 2014, respectively (the “Cease Trade Orders”). The Cease Trade Orders were issued as a result of the Company’s failure to file outstanding continuous disclosure documents on SEDAR, as required pursuant to Multilateral Instrument 51-101 – Issuers Quoted in the U.S. Over –the-Counter Markets. The Company has completed its outstanding filings and the Cease Trade Orders were revoked by the Alberta Securities Commission and the British Columbia Securities Commission on June 20, 2016.

Planned Work by the Company for 2016

When adequate funding can be assembled Strata intends to proceed with its drill exploration program and identified targets to test for cold production. In addition, the Company continues to work with potential partners to discuss potential funding arrangements which could facilitate the furtherance of our drill program.

About Strata Oil & Gas

Strata Oil & Gas is a US-publicly traded company focused on the exploration and development of heavy oil and bitumen. The Company currently owns a 100% interest in its Cadotte heavy oil project in the Peace River region of Alberta’s Carbonate Triangle. For more information, go to the Company’s website at www.strataoil.com.

Strata Oil and Strata Oil & Gas are trademarks of Strata Oil & Gas Inc. This announcement contains forward-looking statements which involve risks and uncertainties that include, among others, limited operating history, risks related to petroleum exploration, limited access to operating capital, and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

Contact Information

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Strata06212016.pdf
Source: Strata Oil and Gas Inc. (OTCQB:SOIGF) http://www.strataoil.com

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Copyright © 2016 Filing Services Canada Inc.

IIROC Trade Resumption – Marksmen Energy Inc.

Vancouver, British Columbia–(Newsfile Corp. – June 21, 2016) – Trading resumes in:

Company:

Marksmen Energy Inc.

TSX-V Symbol:

MAH

Resumption Time (ET):

14:30

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

IIROC Trade Halt – Goldbank Mining Corporation

Vancouver, British Columbia–(Newsfile Corp. – June 21, 2016) – The following issues have been halted by IIROC:

Company:

Goldbank Mining Corporation

TSX-V Symbol:

GLB

Reason:

At the Request of the Company Pending News

Halt Time (ET)

14:04

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

IIROC Trade Halt – Metanor Resources Inc.

Vancouver, British Columbia–(Newsfile Corp. – June 21, 2016) – The following issues have been halted by IIROC:

Company:

Metanor Resources Inc.

TSX-V Symbol:

MTO

Reason:

At the Request of the Company Pending News

Halt Time (ET)

14:17

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

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For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

Vijay Singh PGA Deer Antler Spray Controversy, Response from Deer Antler Extract Manufacturer TEN Institute

By TEN Institute

TAMPA, FL / ACCESSWIRE / June 21, 2016 / With the new recent court filings and the WADA statement in the Vijay Singh case, deer antler expert and CEO Jim Powers of TEN Institute a leading manufacturer of deer antler extract products wants to set the record straight. Jim Powers states, “As a deer antler product manufacturer, we are very happy to see that WADA has reaffirmed that deer antler is not a banned substance. This should finally lie to rest the concerns of all athletes that want to experience the benefits of high quality real deer antler extract.”

Three-time major winner Vijay Singh filed a memorandum with the New York State Supreme Court, accusing PGA Tour officials of subjecting him to “absurd” and “unfair” treatment by ignoring the use of deer antler spray by five other professional golfers and then lying to the public by “characterizing Singh as a cheater who caught a break.”

Vijay Singh asked a New York court Tuesday May 31 2016 for partial summary judgment* on his allegations that the PGA Tour rashly suspended him for using purportedly illicit deer antler spray, arguing that the leading anti-doping authority had not banned the substance and that other golfers used it without punishment.

Back in 2013, the PGA Tour moved to suspend Hall of Fame golfer Vijay Singh for his use of deer antler spray supplements. Deer antler spray contains trace amounts of the growth hormone IGF-1, one of the substances on the organization’s list of banned performance-enhancing drugs (PEDs). Shortly thereafter, the Tour repealed the suspension.

Singh sued the Tour for defamation, saying that the suspension attempt severely damaged his reputation and caused him to lose a lucrative sponsorship deal with Cleveland Golf, with which he had had a long-term endorsement contract. Settlement negotiations are in progress, but the case may move to trial if an agreement cannot be reached. The World Anti-Doping Agency (WADA) maintains a comprehensive listing of which products are considered PEDs and which are considered safe. Since as early as 2013, deer antler spray has not been on the organization’s banned substance list.

One deer antler extract manufacturer, the Trainers’ Elite Network, or TEN Institute, goes so far as to have their deer antler spray products tested by an outside organization to determine if they contained any PEDs. The answer is a resounding “no.” The reputable ChromaDex Laboratory in Boulder, CO conducted the tests and ensured that the products do not violate any WADA regulations and are safe for athletes to use without fear of repercussions from their respective leagues.

Deer antler extract is touted for its ability to naturally boost endurance and aid muscular development, but not to the extent that would qualify it as a PED. In addition, the substance is purported to boost metabolism and promote weight loss. It is also linked to an improved quality of sleep, cardiovascular function, and joint health.

Not all deer antler spray manufacturers test their products as rigorously as the TEN Institute, so professional athletes must take care in the products that they choose. In addition to the primary ingredient, many of these supplements may still contain other ingredients that are classified as PEDs.

*May 31, 2016 Vijay Singh v. PGA Tour Inc., case No. 651659/2013, in the Supreme Court of the State of New York, County of
New York

SOURCE: TEN Institute

ReleaseID: 441423

Four Stocks Hitting New Highs On Tuesday

By DailyStockReporter.com

CORAL GABLES, FL / ACCESSWIRE / June 21, 2016 / Daily Stock Reporter is issuing a report on four stocks to watch. LifeClips Inc. (OTCQB: LCLP), PhotoMedex, Inc. (NASDAQ: PHMD), Oxis International, Inc. (OTCQB: OXIS), and Delta Technology Holdings Limited (NASDAQ: DELT) have been added to our watch list today. Continue reading to find out why. – To get daily alerts on top stocks on the OTC, Nasdaq and NYSE subscribe to our newsletter at DailyStockReporter.com.

LifeClips Inc. (OTCQB: LCLP) continued to release positive news this week. On Tuesday morning the company reported that since March, UK sales have come in at $170,000 during this period. This was announced one day after the company released information on the newly solidified distribution in 400 B&M Discount Retail Stores throughout the UK.

Since closing last week at $0.5715 the stock has manage to climb as high as $0.64 during Tuesday’s trading session. In response to today’s news, CEO Bob Gruder stated, “We just entered the U.K. market in 2016. I believe actions speak louder words. At LifeClips we’re letting our actions and our results do the talking. I as well as the entire (LCLP) team are extremely proud of these sales and know it’s only the beginning.” You Can View LCLP’s News Here.

Stay Informed and Up To Date On The Hottest Small Cap Nasdaq & OTC Plays. Get Them Here.

PhotoMedex, Inc. (NASDAQ: PHMD) has begun to see a more aggressive trading session later in the day on Tuesday. Since closing Monday at $0.24, the stock has seen an increase in price by as much as 75% following highs of $0.42. PhotoMedex has not released much news as of late.

The company is a global skin health company providing integrated disease management and aesthetic solutions to dermatologists, professional aestheticians and consumers. Get More Information on PHMD Now!

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Oxis International, Inc. (OTCQB: OXIS) announced this morning that the company’s lead cancer therapy candidate OXS-1550 had been issued a U.S. Patent. This patent, No. 9,371,386, provides bi-specific targeting compositions including a cytotoxic agent conjugated to a targeting moiety and a binding fragment, which targets CD19 or CD22.

Earlier this month the company had made several additions to its advisory board to further develop its lead cancer therapy, OXS-1550, which is currently in FDA clinical trial. According to the company Dr. Daniel Vallera was instrumental in the development of OXS-1550.

On Monday afternoon, shares of OXIS closed at a price of $0.33 and after releasing what some are calling one of the company’s biggest announcements to date, shares of OXIS rose to as high as $0.44 on above average trading volume. You can view more information on OXIS, Here.

Stay Informed and Up To Date On The Hottest Small Cap Stocks; Free To Join Now.

Delta Technology Holdings Limited (NASDAQ: DELT) has had a relatively long period of dormancy as it pertains to corporate updates for the company. The last time any press was put out on the company was back in April following Nasdaq announcement with a notification of minimum bid requirements needed for the company. Nearly 2 months later, this morning Delta Technology announced that the Company is dedicating existing facility capacity to produce up to 500 tons per year of prothioconazole, a wide spectrum triazoline-thione germicide used to prevent and cure crop diseases.

This news seems to have been well accepted by the street as shares of DELT have surged in price. Following a close on Monday of $0.49, the stock price jumped as high as $2.60 on Tuesday. This represents a total move up of more than 425% in less than 2 trading days. Get more information on DELT now, Click Here.

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www.DailyStockReporter.com monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities. Through a vast network of IR professionals www.DailyStockReporter.com is often in the know of several large investor awareness campaigns being deployed.

Timing is everything when trading Penny Stocks. You can subscribe to the www.DailyStockReporter.com newsletter and start receiving daily alerts. To subscribe by phone and receive messages directly to a mobile phone, text the phrase “StockAlerts” to 82257.

Legal Disclaimer

Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. A full disclaimer can be found at www.DailyStockReporter.com/disclaimer.

EGM FIRM INC which owns www.DailyStockReporter.com, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release.

EGM FIRM INC, which owns www.DailyStockReporter.com, may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice.

EGM FIRM INC, which owns www.DailyStockReporter.com, may be compensated for its services in the form of cash-based compensation or equity securities in the companies it writes about, or a combination of the two.

CONTACT:

Company: DailyStockReporter.com
Contact Email: news@dailystockreporter.com

SOURCE: DailyStockReporter.com

ReleaseID: 441461

Former CEO of Chicago Charter School Operator Settles Muni-Bond Fraud Charges

Washington D.C.–(Newsfile Corp. – June 21, 2016) – The Securities and Exchange Commission today announced a settlement with Juan Rangel, the former President of UNO Charter School Network Inc. and former CEO of United Neighborhood Organization of Chicago, for his role in a misleading $37.5 million bond offering to build three charter schools.

Rangel agreed to pay a $10,000 penalty and be barred from participating in any future municipal bond offerings to settle the SEC’s fraud charges. The SEC announced a settlement with UNO in 2014 for defrauding investors in the same 2011 bond offering.
The SEC’s complaint alleges that Rangel negligently approved and signed a bond offering statement that omitted the charter schools’ multi-million-dollar contracts with two brothers of UNO’s chief operating officer – conflicted transactions that could have threatened UNO’s ability to repay bond investors.
“We allege that Juan Rangel signed off on the offering document without even reading it,” said David Glockner, Regional Director of the SEC’s Chicago Regional Office. “This kind of negligent behavior is unacceptable in the securities markets.”
According to the SEC’s complaint filed in U.S. District Court for the Northern District of Illinois, in 2010 and 2011, UNO entered into grant agreements with the Illinois Department of Commerce and Economic Opportunity (IDCEO) to build three charter schools. Rangel signed the agreements, which required UNO to certify that no conflict of interest existed and to immediately notify IDCEO in writing if any conflicts subsequently arose. If UNO breached the requirements, IDCEO could suspend the grant payments and recover grant funds already paid to UNO.
The complaint alleges that UNO breached the agreement when, at Rangel’s direction, it contracted with its COO’s brothers, agreeing to pay approximately $11 million to one brother’s window company and approximately $1.9 million to another brother for services during construction. According to the complaint, UNO did not notify IDCEO in writing about either transaction and its offering statement disclosed only the $1.9 million contract, not the larger $11 million contract. In addition, the offering document did not disclose that by breaching its agreement, IDCEO could seek to recover the grants, requiring UNO to liquidate its charter schools to repay them, losing the assets it depended on to repay bond investors.
The SEC’s complaint charges Rangel with violations of Section 17(a)(2) of the Securities Act. Rangel settled without admitting or denying the SEC’s charges. He agreed to pay a $10,000 civil penalty, to be permanently enjoined from future violations of Section 17(a) (2) and to be barred from participating in municipal bond offerings, other than for his personal account. The settlement is subject to court approval.
The SEC’s investigation was conducted by Michael Mueller of the Chicago Regional Office and Eric Celauro and Brian Fagel of the Public Finance Abuse Unit.

IIROC Trade Halt – TomaGold Corporation

Vancouver, British Columbia–(Newsfile Corp. – June 21, 2016) – The following issues have been halted by IIROC:

Company:

TomaGold Corporation

TSX-V Symbol:

LOT

Reason:

At the Request of the Company Pending News

Halt Time (ET)

13:44

IIROC can make a decision to impose a temporary suspension of trading in a security of a publicly listed company, usually in anticipation of a material news announcement by the company. Trading halts are issued based on the principle that all investors should have the same timely access to important company information. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

– 30 –

For further information: IIROC Inquiries 1-877-442-4322 (Option 3) – Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.

SEC Halts Scheme Defrauding Pro Athletes

Washington D.C.–(Newsfile Corp. – June 21, 2016) – The Securities and Exchange Commission today announced that it has obtained a court order freezing the assets of an investment advisor it has charged with secretly siphoning millions of dollars from accounts he managed for professional athletes and investing them in a struggling online sports and entertainment ticket business on whose board he served.

In a complaint filed on May 24 and unsealed today in federal court in Dallas, the SEC charged the advisor, Ash Narayan, of Newport Coast, California, along with The Ticket Reserve Inc., CEO Richard M. Harmon, and chief operating officer John A. Kaptrosky. The SEC obtained a court order on May 24 to freeze the assets of the defendants and the court appointed a receiver over The Ticket Reserve.

The SEC’s complaint alleges that Narayan transferred more than $33 million from clients’ accounts to The Ticket Reserve, typically without their knowledge or consent and often using forged or unauthorized signatures. According to the complaint, the Ticket Reserve became dependent on the fraudulent cash infusions from Narayan’s unsuspecting clients to stay in business and in exchange, Narayan received nearly $2 million in hidden compensation from the company, most of it directly traceable to funds stolen from his clients.
According to the SEC’s complaint, The Ticket Reserve also made Ponzi-like payments to existing investors using money from new investors. Since being fired from the investment firm where he worked and losing access to the clients’ accounts, Narayan is alleged to have been redirecting to The Ticket Reserve the sham fees he received out of the money taken from client accounts. The SEC secured the court-ordered asset freeze before Narayan could make a planned financial transaction on May 31.
“We allege that Narayan exploited athletes and other clients who trusted him to manage their finances. He fraudulently funneled their savings into a money-losing business and his own pocket,” said Shamoil T. Shipchandler, Director of the SEC’s Fort Worth Regional Office. “The asset freeze stops the uncontrolled spending of investor assets within The Ticket Reserve until the case is resolved, preserving money that rightfully belongs to Narayan’s clients.”
According to the SEC’s complaint:
  • Narayan was a managing director in the California office of Dallas-based investment advisory firm RGT Capital Management.
  • Narayan’s clients trusted and relied upon Narayan to pursue safe, conservative investments that would not put their principal at risk, realizing that as professional athletes with injury risks, their earnings might occur within a short window.
  • Besides failing to disclose the bulk of The Ticket Reserve investments to his clients and the fees he was receiving in exchange for investing their money, Narayan failed to disclose other key conflicts of interest—including that he was a member of The Ticket Reserve’s board of directors and owned more than three million shares of company stock. Narayan also falsely claimed to be a CPA.
  • Harmon and Kaptrosky participated in the scheme by making undisclosed finder’s fee payments to Narayan out of his clients’ funds and covertly describing them as “director’s fees” and “loans” in various company documents.
  • Harmon and Kaptrosky approved and executed Ponzi-like payments, falsified and backdated documents, and created sham promissory notes between The Ticket Reserve and Narayan in attempts to further conceal the scheme.
The SEC’s complaint alleges that Narayan, The Ticket Reserve, Harmon, and Kaptrosky violated antifraud provisions of the federal securities laws and a related SEC antifraud rule, and charges Narayan with violating the antifraud provisions of the Investment Advisers Act of 1940. The SEC seeks disgorgement of ill-gotten gains plus interest and penalties as well as preliminary and permanent injunctions.
The SEC’s investigation was conducted by Michael A. Umayam, Keith J. Hunter, and Carol J. Hahn, and the case was supervised by David L. Peavler, Jessica B. Magee, and Eric R. Werner in the SEC’s Fort Worth office. The SEC’s litigation will be led by Christopher A. Davis and Ms. Magee.

Commerce Resources Corp. Announces Filing of Amended and Restated Final Short Form Prospectus

Commerce Resources Corp. Announces Filing of Amended and Restated Final Short Form Prospectus

Not for Distribution to U.S. Newswire Services or for Release, Publication, Distribution or Dissemination Directly, or Indirectly, in Whole or in Part, in or into the United States.

Vancouver, British Columbia (FSCwire)Commerce Resources Corp. (TSXv: CCE; FSE: D7H) (the “Company” or “Commerce”) is pleased to announce that it has filed an amended and restated final short form prospectus, amending and restating the short form prospectus dated February 25, 2016, with the securities regulatory authorities in the Provinces of British Columbia, Alberta and Ontario in connection with a best efforts offering of units (the “Units”) of the Company at a reduced price of $0.075 per Unit for gross proceeds of a minimum of $1 million and up to a maximum of $3 million (the “Offering”). The Offering is being conducted by Secutor Capital Management Corporation (the “Agent”). The over-allotment option granted to the Agent remains, whereby the Agent may sell up to an additional 15% of the Offering on the same terms and conditions, exercisable at any time following the closing of the Offering for a period of 30 days.

Each Unit will still consist of one common share of the Company and one common share purchase warrant (each, a “Warrant”) with each Warrant entitling the holder to acquire an additional common share of Commerce (a “Warrant Share”) at a reduced price of $0.10 per Warrant Share at any time before 4:30 p.m. (Vancouver time) on the date that is 24 months after the closing of the Offering.

The Company intends to use the net proceeds from the Offering to advance the Company’s Ashram Rare Earth Element Deposit in Quebec and for general working capital purposes.

To reflect the reduced pricing of the Offering, the Company and the Agent entered into an Amended and Restated Agency Agreement. With the exception of the amended pricing and certain dates, the terms of original agency agreement remain, whereby the Company has agreed to: (i) pay the Agent a cash commission (the “Agent’s Fee”) equal to 7% of the gross proceeds of the Offering and a reduced cash commission of 2% on purchasers, if any, whose name appear on the list of purchasers to the Offering to the Agent by insiders of the Company (the “President’s List”); and (ii) issue to the Agent share purchase warrants (each, an “Agent’s Warrant”) with each Agent’s Warrant entitling the Agent to acquire that number of common shares in the capital of Commerce equal to 7% of the number of Units sold under the Offering and a reduced number Agent’s Warrants equal to 2% on purchasers, if any, whose name appear on the President’s List.

The closing of the Offering is expected to occur on or about June 30, 2016, or on such other date as the Company and the Agent may agree, but in any event no later than the 180th day after February 26, 2016. The Offering is subject to customary conditions and regulatory approval, including that of the TSX Venture Exchange.

The securities offered under the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “1933 Act”), or any state securities laws of the United States. Accordingly, these securities will not be offered or sold to persons within the United States unless an exemption from the registration requirements of the 1933 Act and applicable state securities laws is available.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein.

About Commerce Resources Corp.

Commerce 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 Ashram Rare Earth Element Deposit in Quebec and the Blue River Tantalum-Niobium Deposit in British Columbia.

For more information on Commerce Resources Corp., visit the corporate website at http://www.commerceresources.com or email info@commerceresources.com.

On Behalf of the Board of Directors

COMMERCE RESOURCES CORP.

“Chris Grove”
Chris Grove
President and Director
Tel: 604 484 2700
TF: 866.484.2700
Email: info@commerceresources.com
Web: http://www.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.

Legal Notice Regarding Forward-Looking Statements

This news release contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Statements in this news release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among others, the expectations and/or claims, as applicable.

Forward-looking statements in this news release include current expectations on completion of the Offering, the use of proceeds from the Offering and the expected closing date of the Offering. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Such statements are based on current expectations, are subject to a number of uncertainties and risks, and actual results may differ materially from those contained in such statements. These uncertainties and risks include, but are not limited to, the strength of the Canadian economy; the price of tantalum and niobium and rare earth elements; operational, funding, and liquidity risks; the degree to which mineral resource estimates are reflective of actual mineral resources; the degree to which factors which would make a mineral deposit commercially viable are present; and the risks and hazards associated with exploration or development programs. Risks and uncertainties about the Company’s business are more fully discussed in the Company’s disclosure materials, including its annual information form and MD&A, filed with the securities regulatory authorities in Canada and available at www.sedar.com and readers are urged to read these materials. The Company assumes no obligation to update any forward-looking statement or to update the reasons why actual results could differ from such statements unless required by law.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Commerce06212016.pdf
Source: Commerce Resources Corp. (TSX Venture:CCE, OTCQX:CMRZF, FWB:D7H) http://www.commerceresources.com/en

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