# Mont Royal Resources to acquire Commerce Resources

Mont Royal Resources has entered into a definitive agreement to acquire 100% of Commerce Resources' shares through a court-approved plan of arrangement, creating a Québec-focused critical minerals development company combining the Ashram Rare Earth and Fluorspar Project, Eldor Niobium Project, and Northern Lights Lithium Project.

- Type: Acquisition
- Announced: 2025-04-11
- Where: Québec, Canada
- Status: announced
- Products: rare earth elements, fluorspar, niobium, lithium
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Mont Royal Resources](https://endata.com/companies/84111.md) (acquirer)
- [Commerce Resources](https://endata.com/companies/84112.md) (target)

## Sources

- [stockhouse.com](https://stockhouse.com/news/press-releases/2025/04/11/commerce-resources-and-mont-royal-resources-enter-into-arrangement-agreement-to), 2025-04-11: "The merger will create a Québec-focused critical minerals explorer and developer."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.