Canarc Arranges Cdn$200,000 Demand Loan from Directors and Employees, Grants Stock Options to Directors, Employees and Consultants
Vancouver, Canada – March 21, 2012 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has arranged a Cdn$200,000 demand loan from certain directors and employees of the Company. The loan will bear simple interest of 12% per annum, calculated monthly and paid semi-annually.Canarc has also granted 1,400,000 stock options at […]