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Mont Royal and Commerce Resources Merge to Forge Canadian Critical Metals Powerhouse

4:39am on Monday 2nd of June, 2025 AEST Mining
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Mont Royal and Commerce Resources Merge to Forge Canadian Critical Metals Powerhouse

4:39am on Monday 2nd of June, 2025 AEST
Key Points
  • Mont Royal to acquire 100% of Commerce Resources shares via statutory plan
  • Merged entity to hold North America’s largest monazite-dominant rare earth deposit
  • Ashram Project hosts 73.2Mt Indicated and 131.1Mt Inferred rare earth resources
  • Complementary niobium, lithium, copper, and gold assets in Quebec
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