Commander Resources Ltd.
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 December 20, 2002
Stock Options

 VANCOUVER, December 20, 2002 - Commander Resources Ltd. announces the grant of an employee stock option to purchase up to 50,000 common shares at an exercise price of $0.17 for a period of five years.

The grant of this option is subject to TSX Venture Exchange acceptance.

William J. Coulter
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
 
 

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