VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/01/12 -- Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(DBFrankfurt: CAN) announces that it has closed the previously announced brokered private placement financing for CAD$1.13 million with Canaccord Genuity Corp. acting as the agent. Canford Capital Inc. is the sole subscriber in the private placement and will become an insider of the Company by virtue of holding more [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/11/12 -- Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(DBFrankfurt: CAN) announces that it has signed a Letter of Intent with Canford Capital Inc for a private placement equity financing of up to CA$1.1 million.
The private placement consists of up to 11.3 million units priced at CA$0.10 each. Each unit will consist of one common share and one share purchase warrant [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/31/12 -- Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(DBFrankfurt: CAN) announces that it has significantly reduced the estimated cost of the proposed work program to complete a feasibility study for commercial development of the New Polaris gold mine project located in northwestern BC from Cdn$26 million down to approximately Cdn$9 million.
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/17/12 -- Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(FRANKFURT: CAN), is pleased to provide the following review of Canarc's progress in the 2nd Quarter, and its plans for the 3rd Quarter, 2012.
Q2 Review
-- The company retained Primary Capital Inc. as its financial advisor for the purpose of evaluating strategic [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/18/12 -- Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(FRANKFURT: CAN) announces that it has granted 1.46 million incentive stock options to directors, officers and employees of the Company.
The stock options have an exercise price of $0.145 and expire 5 years from the grant date. These stock options shall only vest when the Company consummates a major transaction [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 06/06/12 -- Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(DBFrankfurt: CAN) announced today that shareholders approved all resolutions put forth at the Annual General Meeting held on June 5, 2012.
Shareholders received the 2011 audited financial statements and approved resolutions in favour of the re-election of four directors, the appointment and compensation of Smythe [...]
Bradford Cooke, Chairman and CEO of Canarc, announces that the Company has retained Primary Capital Inc. as its financial advisor for the purpose of evaluating strategic alternatives to enhance shareholder value. For some time, Canarc management has been seeking out and negotiating with potential partners to develop its main asset, the New Polaris gold mine project located in northwestern BC. Canarc has also been [...]
Bradford Cooke, Chairman and CEO of Canarc Resource, provides the following review and update of Canarc's progress in 2011, and its plans for 2012. Highlights of 2011: Completed an updated NI 43-101 Preliminary Economic Assessment Report for the New Polaris gold mine project in northwestern British Columbia, which significantly enhanced the robust project economics for Canarc to build and operate a 72,000 oz per year gold [...]
Canarc Resource announces that it has arranged a Cdn$200,000 demand loan from certain directors and employees of the Company. The loan will bear simple interest of 12% per annum, calculated monthly and paid semi-annually. Canarc has also granted 1,400,000 stock options at $0.10 per share to certain consultants, directors and employees. The options are for a 1 year period and will vest at the rate of 25% every quarter.
Canarc Resource announces that it has defined two gold-silver geochemical soil anomalies on its Windfall Hills project, located 65 kilometers (km) south of Burns Lake and 90 km northwest of NewGold's recently acquired 6.5 million oz Blackwater-Davidson gold discovery in central BC. Canarc conducted a 340 sample soil geochemical program on a 100 meter by 25 meter grid over the main 2.8 sq. km. historic prospect area in [...]
Bradford Cooke, Chairman and CEO of Canarc Resource Corp. is pleased to provide the following review of Canarc's progress in the 3rd Quarter, and its plans for the 4th Quarter, 2011. Q3 Review: Amended the Tay LP property option agreement with Ross River Minerals Inc. to add an additional year so that Canarc has more time to conduct the next drill program
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/13/11 -- Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(DBFrankfurt: CAN), announces that the Tay LP property option agreement with Ross River Minerals Inc. (TSX VENTURE: RRM)has been amended to add an additional year so as to facilitate exploration expenditures on the property in a cost-effective manner.
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