COMMERCE RESOURCES AND MONT ROYAL RESOURCES ANNOUNCE AMENDMENTS TO ARRANGEMENT AGREEMENT AND PLAN OF ARRANGEMENT

MONTREAL, July 29, 2025 /CNW/ -- Commerce Resources Corp. ("Commerce" or the "Company") (TSXV: CCE, FSE: D7H0) announces that it has entered into an amendment agreement ("Amendment Agreement") with Mont Royal Resources Limited (ASX:MRZ) ("Mont Royal") to amend the previously announced arrangement agreement (the "Arrangement Agreement") between the Company and Mont Royal dated April 9, 2025 to combine their respective businesses in a merger transaction, pursuant to which Mont Royal has agreed to acquire 100% of the issued and outstanding common shares of Commerce (the "Commerce Shares") by way of a court approved plan of arrangement (the "Plan of Arrangement") under the Business Corporation Act (British Columbia) (the "BCBCA") (the "Transaction").