Canarc Resource is pleased to announce that it has applied to the Toronto Stock Exchange and has received conditional approval to extend the term of an aggregate of 8,450,000 common share purchase warrants by one year, which were issued pursuant to a private placement that closed on January 31, 2014. Each Warrant entitles the holder to acquire one common share in the capital of the Company at an exercise price of $0.10 [...]
Canarc Resource announces that it has completed a detailed data review of the recently acquired, wholly owned Fondaway Canyon gold project in Nevada and has developed a new structural model for gold mineralization on the property. A Phase 1 exploration program is now underway including a ground magnetic survey and permitting for an 8-10 holes diamond drill program. New Structural Model Re-analysis of the historic data [...]
Canarc Resource announces the voting results from its Annual and Special General Meeting held on June 2, 2017 in Vancouver. Shareholders voted in favour of all items of business including the re-election of each director nominee and amendments to the Company’s stock option plan and its articles. A total of 121.3 million shares were voted at the Meeting, representing 54.8% of the issued and outstanding common shares of the [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN), is pleased to announce the appointment of Dr. Jacob Margolis as the Company’s US Exploration Manager, effective May 18, 2017. Dr. Jacob Margolis has 28 years of professional experience in gold exploration in the western U.S. and in British Columbia. He has extensive experience in a variety of gold silver deposit [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has filed on SEDAR an updated, independent, technical report (“technical report”) for the Fondaway Canyon property located in Churchill County, Nevada, USA. Fondaway Canyon is an advanced stage gold exploration property located in Churchill County, Nevada, USA, part of an 11-property [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (“Company”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has arranged and closed a flow-through equity financing of $500,000 with one institutional investor. The financing consisted of 3,846,154 flow-through common shares of the Company priced at $0.13 each. The flow-through shares are subject to a hold period under securities laws until August [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has received an updated, independent, resource estimate for the Fondaway Canyon property located in Churchill County, Nevada, USA. A technical report (“technical report”) documenting the new resource estimate will be filed on SEDAR within 45 days in accordance with National Instrument [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (“Company or Canarc”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has executed and closed a definitive agreement (the “Agreement”) with American Innovative Minerals LLC. (“AIM”), whereby Canarc acquired through its wholly owned Nevada based subsidiary called “AIM US Holdings” 100% of AIM’s outstanding securities for a total purchase price of [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (“Company or Canarc”) (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that it has executed a binding letter of agreement (the “Agreement”) with American Innovative Minerals LLC. (“AIM”), a private company that owns 10 gold properties in Nevada, one gold project in Idaho, two royalty interests on other properties as well [...]
Canarc Resource announces that it has received the approval of the Toronto Stock Exchange to make a normal course issuer bid to acquire up to 10,859,479 common shares of the Company, or approximately 5% of the 217,189,597 Common Shares issued and outstanding, through the facilities of the TSX. The Company’s board of directors and management team believe that the Bid is an appropriate use of the Company’s available funds [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces its 2017 exploration program for the FG Gold property in which it can earn up to a 75% interest through an option agreement with Eureka Resources. The exploration program will be conducted during the summer of 2017 with a budget of $500,000. The 2017 exploration program will consist of diamond drilling on the [...]
Vancouver, British Columbia (FSCwire) - Canarc Resource Corp. (TSX: CCM, OTC-BB: CRCUF, Frankfurt: CAN) announces that a Volterra 3D Induced Polarization ( 3DIP ) survey recently completed at its Windfall Hills property in central BC was successful in identifying four geophysical anomalies, each with the potential to host epithermal gold mineralization. The Windfall Hills gold property is located 65 kilometers (km) south [...]
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