Commerce Resources Corp. (TSXv: CCE) (FSE: D7H) (the “Company”) announces that it has granted a total of 1,900,000 incentive stock options. Subject to the approval of the TSX Venture Exchange (the “Exchange”), each stock option is exercisable into one common share of the Company at a price of $0.26 per share for a period of five years. Of the options being granted, a total of 1,000,000 are being granted to directors and officers of the Company.

The Company also announces the re-pricing of a total of 4,220,000 incentive stock options to reflect current market conditions, subject to the approval of the Exchange. The options were originally granted in 2006 and 2007 at prices ranging from $0.30 to $1.15. The new exercise price for the options will be $0.26 per share. Insiders hold 2,550,000 of the options and disinterested shareholder approval for the re-pricing of those options is being sought at the Company’s AGM, being held on May 8, 2009.

On Behalf of the Board of Directors
COMMERCE RESOURCES CORP.

David Hodge
President and Director
Tel: 604 484 2700

The TSX Venture Exchange has neither approved nor disapproved the information contained herein