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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (7212)	3/16/2002 5:05:32 AM
From: Al Collard	Respond to of 11802

Hi Red, Your in with CCE-v @$.20 for 50,000 shares. Chart for Commerce Resources Corp: askresearch.com From the chart of CCE we can see the stock broke through the resistance of it's 20EMA and 50MA on Friday on above average volume. The chart indicators have turned bullish pointing to further upside. Good luck with this pick, Al

To: Rocket Red who wrote (7212)	3/21/2002 6:09:20 PM
From: Al Collard	Respond to of 11802

CCE-v...in the news: Commerce arranges up to $500,000 financing Thu 21 Mar 2002 Mr. David Hodge reports COMMERCE RESOURCES CORP. ANNOUNCES $500,000 FINANCING WITH CA ... Commerce Resources has appointed Canaccord Capital Corp. as its agent to offer, on a commercially reasonable efforts basis, to the public in British Columbia and Alberta, up to 2,551,021 units for gross proceeds of up to $500,000, under a short form offering document. The offering is subject to regulatory approval. Of the 2,551,021 units offered, up to 2,040,817 units will be issued on a flow-though basis at a price of 20 cents per unit. Each flow-through unit will consist of one flow-through common share and one non-transferable share purchase warrant entitling the holder to purchase one non-flow-through common share of the company at a price of 25 cents per share for a one-year period from the date of issuance. Up to 510,204 units will be issued on a non-flow-through basis at a price of 18 cents per unit. Each non-flow-through unit will consist of one non-flow-through common share and one non-transferable share purchase warrant, exercisable on the same terms as the warrants issued to purchasers of flow-through units. In consideration for its services, Canaccord will receive a 10-per-cent cash commission on the total gross proceeds received from the offering. The agent will also receive an agent's warrant equal to 10 per cent of the total number of units sold, exercisable into one non-flow-through common share of the company at a price of 25 cents per share for a one-year period from the date of issuance. Canaccord will also receive an administration fee, payable in cash, and a corporate finance fee, payable in non-flow-through common shares. The cash commission, expenses of the offering and administration fee will be paid from the proceeds of the non-flow-through units. The proceeds of the offering combined with existing working capital will finance the company's 2002 exploration program on its tantalum properties near Blue River, B.C., and for general working capital. The 2002 exploration program will consist of diamond drilling, analytical analysis, mineral processing and metallurgical studies, and reporting and resource estimations.