Commerce Resources Corp. has announced the appointment of Nicholas Holthouse as President and CEO, effective June 1, 2025, as part of its strategic merger with Mont Royal Resources Limited. The merger, expected to complete by late July, will see Mr. Holthouse also appointed as Managing Director of the merged entity. With extensive experience in rare earth exploration and development, Mr. Holthouse's leadership is anticipated to advance Commerce's flagship Ashram Rare Earths & Fluorspar Project in Canada and explore further opportunities in niobium, lithium, copper, and gold assets. The announcement follows a previous notice dated April 10, 2025, indicating the proposed merger.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Commerce Resources Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1033935) on June 02, 2025, and is solely responsible for the information contained therein.