February 28, 2007
Commerce Resources Corp. (TSXv: CCE) (FSE: D7H) (“Commerce”) announces that it has entered into an agreement to extend the investor relations agreement with AXINO AG (“AXINO”) of Stuttgart, Germany. AXINO will continue to represent Commerce in Germany and other European countries by disseminating investor relations information and creating awareness of Commerce within the European financial community. The investor relations agreement is to be extended for a further twelve month period, commencing November 1, 2006 and in consideration for their services, AXINO will be paid EUR$85,000. The investor relations agreement is subject to the approval of the TSX Venture Exchange.
David Hodge, President of Commerce states, “We have been pleased with the European investment community’s interest in this unique opportunity over the past year. I believe that Commerce will continue to benefit by the representations made by AXINO in Western Europe as the Blue River Project expands and develops.”
About AXINO AG (http://www.axino.com)
AXINO AG is a privately owned full-service investor relations firm based in Stuttgart, Germany. It specializes in representing resource sector companies that wish to obtain investor exposure and develop a shareholder following in the European financial markets with a special focus on the German speaking financial communities. AXINO’s clients in the resource sector include such reputable companies as Agnico-Eagle Mines Ltd., NovaGold Resources Inc., Minefinders Corporation Ltd. and others.
On Behalf of the Board of Directors
COMMERCE RESOURCES CORP.