Canarc Updates NI 43-101 Preliminary Economic Assessment Report, Improves Project Economics for the New Polaris Gold Mine Project, BC

Vancouver, Canada – January 6, 2010 – Canarc Resource Corp. (CCM: TSX and CRCUF: OTC-BB) announces that an updated NI 43-101 preliminary economic assessment report (“PEA”) by Moose Mountain Technical Services (Moose Mountain”) on the New Polaris gold mine project in northwestern British Columbia has significantly improved the estimated project economics for an 80,000 oz […]

Canarc Resource Drill Program Intersects Gold at Tay–LP Property, Yukon

Vancouver, Canada – November 12, 2009 – Canarc Resource Corp. (CCM: TSX and CRCUF: OTC-BB) announces that its recent drill program on the Tay-LP gold property located within the Tintina gold belt of the Yukon Territory intersected gold mineralization in all ten drill holes.Drilling highlights include 1.48 grams per tonne (gpt) gold over 9.2 meters […]

Canarc Closes CA$37,350 in Private Placement Financing

Vancouver, Canada  – Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DB-F) announces that it has closed the non-brokered private placement equity financing totaling CA$37,350 announced on November 2, 2009.The private placement consisted of 304,900 units priced at CA$0.1225 per unit for gross proceeds of CA$37,350.  Each unit consisted of one common share and one-half […]

Canarc Arranges CA$40,000 in Private Placement Financing

Vancouver, Canada – November 2, 2009 – Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DB-F) announces that it has arranged a non-brokered private placement equity financing totaling approximately CA$40,000.The private placement consists of up to 326,000 units priced at CA$0.1225 per unit for gross proceeds of up to approximately CA$40,000.  Each unit consists of […]

Canarc Closes CA$960,000 in Two Private Placement Financings

Vancouver, Canada – October 26, 2009 – Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DB-F) announces that it has closed the two non-brokered private placement equity financings totaling CA$960,000 that were announced on September 9, 2009.The first private placement consisted of 4,000,000 flow-through shares priced at CA$0.12 each for gross proceeds of CA$480,000. The […]

Canarc Resource Corp Shareholder Update Third Quarter Review 2009

Vancouver, Canada – October 15, 2009, – Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DB-F), provides the following review of the Third Quarter and the Outlook for the Fourth Quarter of 2009.Q3 Highlights and Q4 Outlook Acquired an option to purchase the Tay-LP gold property located within the […]

Canarc Commences Drill Program on Tay-LP Gold Property, Yukon Territory

Vancouver, Canada – September 15, 2009 – Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DB-F) announces that drilling is now underway at the Tay-LP property located in the Tintina Gold Belt near Ross River, Yukon Territory. One diamond drill rig is currently working and will complete ten holes totalling approximately 2,000 m of drilling. […]

Canarc Arranges CA$900,000 in Private Placement Financings

Vancouver, Canada  – Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DB-F) announces that it has arranged two non-brokered private placement equity financings totaling CA$900,000.The first private placement consists of 4,000,000 flow-through shares priced at CA$0.12 each for gross proceeds of CA$480,000. The flow-through shares will entitle the holders to a 100% CEE deduction, as […]