Mr. Robert Cameron reports

COMMANDER RESOURCES CONFIRMS EXPIRY OF UNSOLICITED TAKEOVER BID BY FRUCHTEXPRESS GRABHER GMBH & CO KG

Commander Resources Ltd. has confirmed that the FruchtExpress Grabher GmbH & Co. KG all-cash unsolicited takeover bid for Commander has expired, having failed to meet the required tender conditions. The company and FEx have engaged in many discussions over the past weeks and have mutually agreed to let this bid expire, and Commander looks forward to working collaboratively on future endeavours of Commander. It thanks its shareholders for their support and commitment.

Corporate strategy and goals

Commander's board and management remain committed to a strategy that has established a successful record of building a Canada-based copper explorer with an enviable copper-gold exploration portfolio. The current project portfolio includes three porphyry copper-gold projects, a high-grade copper-gold volcanogenic massive sulphide project and a carried interest in a copper-gold project, amongst other property assets.

The company is in a strong position to explore value-maximizing opportunities for shareholders, with a strong treasury and a tight capital structure, which will allow the company access to more advanced assets either through options or direct merger-and-acquisition activity.

More details about the company's corporate strategy and goals can be found on Commander's website.

Advisers

The company has engaged GenCap Mining Advisory as its financial adviser and Harper Grey LLP as legal adviser. Laurel Hill Advisory Group provided proxy solicitation and advisory services.

Qualified person

Robert Cameron, PGeo, is a qualified person within the context of National Instrument 43-101, and has read and takes responsibility for the technical aspects of this release. All fieldwork completed to date and on-site supervision of the drill program were by Stephen Wetherup, PGeo.

About Commander Resources Ltd.

Commander is a Canadian-focused exploration company that has leveraged its success in exploration through a combination of partnerships and sole financed exploration. Commander plans to drill its top priority projects, as well as advance or partner out the next tier of 100-per-cent-owned exploration projects. The company also intends to look outside of its in-house portfolio for special opportunities to increase the company's exposure to premium exploration projects.

We seek Safe Harbor.