1. Commerce Resources Corp. Files Early Warning Report:
Acquisition of Securities of Canadian International Minerals Inc.
November 15, 2011 – Commerce Resources Corp. (TSXv: CCE, FSE: D7H, OTCQX: CMRZF)
(“Commerce”) advises, pursuant to National Instrument 62-103 in connection with the filing of an
Early Warning Report, that it has acquired securities of Canadian International Minerals Inc.
(the “Issuer”), a British Columbia company with its common shares trading on the TSX Venture
Exchange under the symbol “CIN”.
On November 15, 2011, Commerce acquired ownership of 8,000,000 common shares
(the “Common Shares”) in the capital of the Issuer at a deemed issue price of $0.095 per Common
Share pursuant to the terms of an Amended Option Agreement dated September 23, 2011 and an
Option Agreement dated January 15, 2009 (collectively, the “Option Agreement”).
Commerce now has sole ownership and control of 11,500,000 Common Shares and 2,000,000 one-
half of one share purchase warrants (the “Warrant”). Each whole Warrant will entitle the holder to
purchase one additional common share (a “Warrant Share”) of the Issuer at a price of $0.25 per
Warrant Share for the first year and $0.30 per Warrant Share for the second year.
The 11,500,000 Common Shares owned by Commerce represent 15.9% of the Common Shares
issued and outstanding as of November 15, 2011 of the Issuer on a non-diluted basis.
The Common Shares acquired were acquired over the facilities of the TSX Venture Exchange.
Commerce acquired the Common Shares and Warrants of the Issuer in connection with the closing
of the Option Agreement. Commerce intends to monitor the business and affairs of the Issuer,
including its financial performance, and depending upon these factors, market conditions and other
factors, Commerce may acquire additional securities of the Issuer as it deems appropriate.
Alternatively, Commerce may dispose of some or all of the Common Shares in privately negotiated
transactions or otherwise.
Commerce relied on Section 2.13 of National Instrument 45-106 Prospectus and Registration
Exemptions.
The issuance of this news release is not an admission that an entity named in the news release owns
or controls any described securities or is a joint actor with another named entity.
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About Commerce Resources Corp.
Commerce Resources Corp. is focused on building shareholder value through the discovery and
development of Canadian rare metal and rare earth element deposits. Commerce’s principal assets are its
Blue River Tantalum-Niobium Project in British Columbia and its Eldor Rare Earth Project in Quebec.
Commerce Resources Corp. trades on the TSX Venture Exchange under the symbol “CCE”, the
Frankfurt Stock Exchange under the symbol “D7H” and the U.S. OTCQX under the symbol “CMRZF.”
For more information on Commerce Resources Corp. visit the corporate website at
http://www.commerceresources.com or contact investor relations at 1.866.484.2700 or
info@commerceresources.com.
On Behalf of the Board of Directors
COMMERCE RESOURCES CORP.
“David Hodge”
David Hodge
President and Director
Tel: 604.484.2700
TF: 866.484.2700
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.
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