Vancouver, Canada – February 25, 2011- Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, FSE: CAN) announces that it has completed the issuance of the previously reported $300,000 convertible debenture to Effisolar Energy Corporation in consideration for the interest free $300,000 loan Effisolar provided to Canarc to facilitate Canarc’s purchase of the Relief Canyon Assay Lab […]
Vancouver, Canada – February 7, 2011 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DB-F: CAN) announces that it has closed the previously announced Cdn$300,000 convertible debenture, paid US$300,000 to Firstgold Corporation and purchased the fully built, permitted and operating commercial assay laboratory located near the Relief Canyon mine-site.The lab purchase includes 5 acres of […]
Vancouver, Canada – February 2, 2011 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DB-Frankfurt: CAN) announces that it has commissioned an updated NI 43-101 preliminary economic assessment report (“PEA”) for the New Polaris gold mine project in northwestern British Columbia. The updated study will be done by Moose Mountain Technical Services (Moose Mountain”) who […]
Vancouver, Canada – January 31, 2011 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DB-F: CAN) announces that it will not be proceeding with the purchase of the Relief Canyon gold mine assets from Firstgold Corporation for US$11 million as previously announced. The purchase agreement was subject to a due diligence period expiring February 4, […]
Vancouver, Canada – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DB-F: CAN) announces that it is the successful bidder to acquire a largely built and permitted, open pit, heap leach gold mine through a bankruptcy court auction held in Reno, Nevada. Canarc has agreed to purchase the Relief Canyon gold mine assets from Firstgold Corporation […]
Vancouver, Canada – December 13, 2010 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DB-F: CAN) announces that it has closed a CA$1,275,000 non-brokered private placement financing.The private placement consisted of 8,500,000 units priced at CA$0.15 each. Each unit consists of one common share and one-half share purchase warrant. Each full warrant can be exercised […]
Vancouver, Canada – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DB-F: CAN) announces that it has arranged a non-brokered private placement equity financing of up to approximately CA$2.0 million.The private placement consists of up to 13.7 million units priced at CA$0.15 each. Each unit consists of one common share and one half share purchase warrant. […]
Vancouver, Canada – November 3, 2010 – Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DB-Frankfurt: CAN), is pleased to provide the following review of Canarc’s progress in the third quarter, and its plans for the fourth quarter of 2010.Q3 Review Cap-Ex Ventures Ltd. (TSX-V:CEV), (“Cap-Ex”) who have an option […]
Vancouver, Canada – October 12,2010 – Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DB-F) announces that Cap-Ex Ventures Ltd. (TSX-V:CEV) has completed a 470 kilometer, helicopter-borne, VTEM geophysical survey over the Tay-LP gold property in the Yukon Territory.The Tay-LP property is held under option by Cap-Ex Ventures Ltd. from Canarc Resource Corp. Upon receipt […]
Vancouver, Canada – August 24, 2010 – Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DB-F) announces that Cap-Ex Ventures Ltd. has received TSX Venture Exchange approval of the option agreement dated March 22, 2010, between Cap-Ex Ventures Ltd. and Canarc Resource Corp. regarding the Tay-LP property.Under the option agreement, Cap-Ex can acquire up to […]