CMD Commander Resources Ltd

Commander Resources Ltd. (TSX VENTURE:CMD) ("Commander") reports that Aston Bay
Ventures has reached an agreement to be acquired by Escudo Capital Corporation
(TSX VENTURE:EDO.P), a Capital Pool Company. Aston Bay currently holds an option
to acquire Commander's Storm copper and Seal zinc properties located on Somerset
Island in Nunavut. Completion of the acquisition of Aston Bay by Escudo will
represent a "qualifying transaction" in accordance with the policies of the TSX
Venture Exchange and, upon completion, Escudo will be listed as a Tier 2 Mining
Issuer pursuant to the initial listing requirements of the Exchange. Upon
completion of the acquisition, all issued and outstanding shares of Aston Bay
will be exchanged for common shares in the capital of Escudo on the basis of
1.92 Payment Shares for every Aston common share held. Commander currently holds
3 million shares of Aston Bay Ventures which will convert to 5.76 million shares
of Escudo under the above conversion formula.


Aston Bay Ventures is a private corporation, which has the right to earn up to
70% interest in Commander's Storm and Seal properties by funding $15 million in
exploration expenditures, as detailed in Commander's News Release dated November
23, 2011. Aston Bay completed its exploration program on Somerset Island this
past summer, which included staking of approximately 75,000 acres, rock sampling
of the main copper showings, geological mapping and regional prospecting. Drill
core from historic work on both the Storm copper and Seal zinc prospects were
examined and selectively re-sampled to provide a data base for extensive
intersections of un-sampled drill core.


Completion of the acquisition of Aston Bay by Escudo is subject to a number of
conditions, including, but not limited to:




1.  Exchange acceptance
2.  Completion of the minimum Private Placement
3.  Preparation and delivery by Aston Bay of an updated technical report on
    the property in compliance with National Instrument 43-101 on or before
    November 15, 2012



Private Placement:

As a condition to, and concurrent with, closing of the acquisition, Escudo will
conduct a private placement financing. The financing will consist of a minimum
of 8 million and a maximum of 20 million common shares at a price of $0.25 per
share for minimum aggregate proceeds of $2,000,000 and a maximum of $5,000,000.
The proceeds of the financing will be used to conduct work on the project and
for general corporate purposes.


COMMANDER trades on the TSX Venture Exchange under the symbol "CMD". For
additional information, please visit the Company's website at
www.commanderresources.com and for further information regarding Aston Bay
Ventures, see www.astonbayventures.com.


On behalf of the Board of Directors,

Eric Norton, President & CEO

Commander Resources (TSXV:CMD)
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