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 […]
Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DBFrankfurt), provides the following review of the 2nd quarter 2008 and the outlook for Q3, 2008.During Q2, 2008, Canarc strengthened its management team and Board of Directors with the appointments of Mr. Garry Biles, P.Eng. as the new President and Chief […]
Vancouver, Canada – June 18, 2008 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) announces that the Toronto Stock Exchange (“TSX”) has approved the spin-out of Caza Gold Corp. from Canarc by way of a plan of arrangement. Canarc shareholders previously approved the spin-out at the Annual General Meeting (“AGM”) held on April […]
Vancouver, Canada – June 10, 2008 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) is pleased to announce the appointment of Mr. Garry Biles, P.Eng., as the new President and Chief Operating Officer of the Company, effective June 1, 2008.Mr. Biles, previously Canarc’s Vice President, Mining, replaces Mr. Bruce Bried, who has retired […]
Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (CCM: TSX, CRCUF: OTC-BB, CAN: DBFrankfurt), provides the following review of the 1st quarter 2008 and the outlook for Q2, 2008.In the 1st Quarter 2008, management continued to work on refining the process alternatives and economic models for the New Polaris gold mine project in northwestern […]
Vancouver, Canada – April 30, 2008 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) announces that shareholders approved all the resolutions put forward at its Annual and Special General Shareholder Meeting held on April 29, 2008 in Vancouver, BC, including a Special Resolution to spin-out Canarc’s Mexican gold projects to its wholly-owned subsidiary […]
Vancouver, BC – March 3, 2008 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it will hold its Annual and Special General Shareholder Meeting on April 29, 2008 in Vancouver, BC. The agenda will include a Special Resolution to consider the spin-out of Canarc’s Mexican gold projects to its wholly-owned subsidiary […]
Review of 2007 and Outlook for 2008Vancouver, Canada – January 23, 2008 – 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 2007 and its plans for 2008.2007 Highlights Appointed new senior management, including Bruce Bried, P.Eng., as […]
Vancouver, BC – November 19, 2007 – Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, DBFrankfurt: CAN) announces that it plans to spin-out its Mexican gold projects to a wholly-owned subsidiary company, Caza Gold Corp., and distribute approximately 80% of its shares of Caza Gold pro rata to Canarc shareholders under a Plan of Arrangement.The purpose […]