07:26 AM EDT, 10/31/2025 (MT Newswires) -- Commerce Resources ( CMRZF ) and Australia-listed Mont Royal Resources said on Friday that the reinstatement of ordinary shares of Mont Royal on the Australian Securities Exchange (ASX), the listing of the Mont Royal shares on the TSX Venture Exchange (TSXV), and the delisting of the common shares of Commerce from the TSXV is expected to occur in early November 2025.

The completion of the merger transaction between the two companies was announced in October.

A statement noted that the Mont Royal shares are expected to be reinstated for trading on the ASX under the symbol "MRZ" and listed on the TSXV under the trading symbol "MRZL".

It is anticipated that the Commerce shares will be subsequently delisted from the OTC and FSE.

A statement further noted that, pursuant to the completion of the transaction, there are around 189.96 million Mont Royal shares issued and outstanding which includes about 1.22 million Mont Royal shares issued to settle $430,000 of accrued interest related to the convertible notes of Commerce issued on May 12, 2025.