COMMERCE RESHAPES MANAGEMENT TEAM IN PREPARATION FOR RENEWED DEVELOPMENT FOCUS OF ASHRAM RARE EARTHS PROJECT

Commerce Resources Corp. has announced a strategic management restructuring designed to accelerate development activities at its flagship Ashram Rare Earths Project located in Quebec. The company is implementing key leadership appointments as part of a renewed focus on advancing this critical minerals project toward production.

The management changes signal Commerce Resources' commitment to moving the Ashram project through the development pipeline at a time when rare earth elements are increasingly recognized as critical to North America's strategic mineral security. The project represents one of Canada's most advanced rare earth development opportunities, positioned in a mining-friendly jurisdiction with established infrastructure.

This corporate restructuring comes as governments and industries worldwide seek to diversify rare earth supply chains away from traditional sources. The timing of Commerce Resources' renewed development focus aligns with growing demand for these critical minerals, particularly in clean energy technologies, defense applications, and high-tech manufacturing. The strengthened management team positions the company to potentially capitalize on favorable market conditions and supportive government policies for critical mineral development in Canada.