Canarc Optionee Ophir Gold Discovers New Mineralized Vein System at the Breccia Gold Property, Idaho, USA; Rock Samples Assay up to 69 gpt Au and 27.5 gpt Ag

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN), announces that Ophir Gold Corp. (previously Minkap Resources), has released results of their recently completed surface exploration program at the Lightning Tree property, located in Lemhi County, Idaho, approximately 40 km southwest of Salmon. Ophir holds an option to purchase Lightening Tree from Canarc by paying […]

Canarc Reviews Exploration Results, Terminates Option Agreement on Hard Cash and Nigel Properties in Nunavut

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN), announces that its recent reverse circulation (“RC”) drill program on the Hard Cash property in southwestern Nunavut, Canada intersected narrow, low grade intervals of gold mineralization and failed to confirm the potential for a significant, shear zone-hosted, orogenic gold discovery. As a result, Canarc has terminated […]

Canarc Closes CAD$5.2 Million Second Tranche of CAD$8.4 Million Private Placement Financing Including Lead Investment by Eric Sprott

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) (“Canarc” or the “Company”) announces that it has closed the second and final CAD$5.2 million tranche of its CAD$8.4 million private placement, previously announced by Canarc in press releases dated August 19, 2020, September 3, 2020 and October 21, 2020. The second tranche of the private […]

Canarc Announces Results of its Special General Meeting of Shareholders Approving Upsized Financing Totaling CAD$8.4 Million

Canarc Resource Corp (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) (“Canarc” or the “Company”) is pleased to announce the voting results from its Special General Meeting held on October 19, 2020 which resulted in shareholder approval of the upsized financing from CAD$3.2 million to CAD$8.4 million. The first tranche closed on October 8, 2020 and Canarc […]

Canarc Closes CAD$3.2 Million First Tranche Private Placement Financing

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) (“Canarc”) announces that it has closed the first tranche of its private placement, previously announced by Canarc in press releases dated August 19, 2020 and September 3, 2020.  The first tranche of the private placement consisted of the issuance of 40 million units priced at CAD$0.08 […]

Canarc to Sell Lightning Tree Gold Property, Idaho to Minkap Resources

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) (“Canarc” or the “Company”) is pleased to announce that further to its press release dated July 6, 2020, Minkap Resources Inc. (“Minkap”) has received approval of the TSX Venture Exchange (the “TSXV”) to acquire the Company’s Lightning Tree property located in Lemhi County, Idaho, USA (the […]

Canarc Optionee Getchell Gold Commences Drill Program at Fondaway Canyon Gold Project, Nevada

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) (“Canarc”), announces that its optionee Getchell Gold Corp. (“Getchell”) has commenced a 2,000 metre drill program at the Fondaway Canyon Gold Project in Nevada (“Fondaway”). Getchell signed a 4 year Option Agreement on January 7, 2020 to acquire the Fondaway and Dixie Comstock properties located in […]

Canarc Announces Upsizing of Private Placement Financing with $5.2 Million Second Tranche for Total of $8.4 Million

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) (“Canarc” or the “Company”) is pleased to announce its intention to increase the size of its previously announced non-brokered private placement by issuing up to an additional 65,000,000 units for up to an additional C$5,200,000 in gross proceeds (the “Upsize”) through a second tranche which is […]

Canarc Announces Name Change, Share Consolidation, $3.2 Million Private Placement Financing, Focus on Canadian Gold Projects, Strategic Review of Nevada Gold Projects and Appointment of New Director

Management of Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) (“Canarc” or the “Company”) is pleased to announce several corporate changes intended to better reflect the Company’s renewed focus on its Canadian gold exploration projects. The changes include a planned name change to Canagold Resources Ltd., a 5:1 share consolidation to better attract institutional […]