Mont Royal and Commerce Resources Merge to Create Rare Earth Powerhouse

Mont Royal Resources Ltd (ASX: MRZ) is progressing with its planned merger with Commerce Resources Corp, aiming to complete the deal by July 2025. The newly merged entity will be listed on both ASX and TSX-V and will focus on critical minerals exploration across Quebec, with emphasis on rare earths, fluorspar, niobium, and lithium. A pivotal development is the appointment of Nicholas Holthouse as President and CEO of Commerce and future Managing Director of the merged company. With 36 years of experience in global mining and a successful tenure at Meteoric Resources and Hastings Technology Metals, Holthouse brings deep expertise in rare earths. Mont Royal holds a 75% stake in the Northern Lights Minerals project in James Bay, Quebec—prospective for lithium and precious metals. Commerce’s flagship Ashram Deposit is positioned as one of the largest rare earth and fluorspar sources globally, aiming to become a low-cost, long-term supplier to the global market

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com