Vancouver, Canada – July 29, 2009 – Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN), provides the following review of the Second Quarter and outlook for the Third Quarter of 2009.Q2 Highlights and Q3 Outlook Canarc arranged a CA$62,000 debt financing with directors and officers; Canarc affiliate, Aztec […]
Vancouver, Canada – May 11, 2009 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DB-Frankfurt: CAN) announces that it has arranged a CA$62,000 loan financing with certain officers and directors. The financing is in the form of a demand loan, earning 9% annual interest payable quarterly, and secured by approximately 250,000 common shares of Caza […]
Vancouver, Canada – April 2, 2009 – Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB: CAN: DB-Frankfurt)(“Canarc”) announces that its 11% owned, affiliated gold resource company, Caza Gold Corp. (“Caza”), has signed a Letter of Intent to acquire two large gold exploration properties in Mexico from Exmin Resources Inc. (“Exmin”) for 400,000 common shares of Caza […]
Vancouver, Canada – February 17, 2009 – Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN), is pleased to provide the following review of Canarc’s accomplishments in 2008 and its plans for 2009.2008 Highlights Appointed new senior management and director, Mr. Garry Biles, P.Eng. becomes President and Chief Operating […]
Vancouver, Canada – January 7, 2009 – Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DBFrankfurt) announces that recent optimization work on the preliminary assessment of the New Polaris gold mine project in northwestern British Columbia has improved the project economics.The combination of new off-site treatment terms, an increased gold price and a decreased Canadian dollar […]
Vancouver, Canada – December 1, 2008 – Canarc Resource Corp. (TSX: CCM: OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it has closed a $100,000 non-brokered private placement financing.The private placement consisted of 1,000,000 units priced at CA$0.10 each for gross proceeds of CA$100,000. Each unit consists of one common share and one half share purchase warrant. […]
Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DBFrankfurt), provides the following review of the 3rd quarter, 2008 and the outlook for Q4, 2008.During Q3, 2008, Canarc management continued to work on refining and assessing the process alternatives and economic models for the New Polaris gold mine project in […]
Vancouver, Canada – November 10, 2008 – Canarc Resource Corp. (TSX: CCM: OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it has revised the terms of the previously announced non-brokered private placement equity financing.The private placement will now consist of up to 1,500,000 units priced at CA$0.10 each for gross proceeds of up to CA$150,000. Each unit […]
Vancouver, Canada – September 30, 2008 – Canarc Resource Corp. (TSX: CCM: OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it has arranged a non-brokered private placement equity financing for up to CA$600,000.The private placement consists of up to 5,000,000 units priced at CA$0.12 each for gross proceeds of up to CA$600,000. Each unit consists of one […]
Vancouver, Canada – Caza Gold Corp. announces that the $300,000 debt financing raised late last year for working capital has been retired. The financing was in the form of a demand loan bearing simple interest at 9% per annum. Nine of the 16 lenders were either management or directors of either Caza or Canarc Resource […]