CRCUF Canarc Resource Corp featured news, full reports, and detailed charts
Canarc Resource Corp (CRCUF/CRCUF.OB) Wrap Up:
Canarc Resource Corp. engages in the acquisition, exploration, and development of precious metal properties, primarily gold and silver, in Canada, the United States, and central and South America. Its principal property interests include the New Polaris property in British Columbia, Canada and Benzdorp property in Suriname. The company also has property interests in Costa Rica and Mexico. Canarc Resource Corp. was founded in 1987 and is headquartered in Vancouver, Canada.www.canarc.net
Founded in 1987
Canarc Resource Corp (CRCUF:OTC Bulletin Board Market)
LAST $0.13 USD
CHANGE TODAY 0.00 0.00%
VOLUME 1.2K
As of 3:07 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).
Snapshot of Canarc Resource Corp (CRCUF)
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OPEN
$0.13
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PREVIOUS CLOSE
$0.13
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DAY HIGH
$0.13
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DAY LOW
$0.13
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52 WEEK HIGH
11/9/09 - $0.20
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52 WEEK LOW
12/19/08 - $0.02
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MARKET CAP
10.7M
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AVERAGE VOLUME 3 mo
35.4K
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DILUTED EPS TTM
$-0.10
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SHARES OUTSTANDING
82.0M
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CRCUF Does Not Pay Dividends
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P/E TTM
NM
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CRCUF Top Compensated Officers
No compensation data is available at this time for the top officers at this company.
Executives, Board Directors
Key developments for Canarc Resource Corp (CRCUF)
Canarc Resource Corp. Announces Drill Program on Tay-LP Gold Property
11/12/2009
Canarc Resource Corp. announced that its recent drill program on the Tay-LP gold property located within the Tintina gold belt of the Yukon Territory intersected gold mineralization in all ten drill holes. Drilling highlights include 1.48 grams per tonne (gpt) gold over 9.2 meters (m) true width (0.043 oz per ton over 30.2 feet) contained within a broader mineralized zone grading 0.73 gpt gold over 28.2 m in hole TLP09-4; and 9.14 gpt gold over 1.0 m (0.27 oz per ton over 3.3 feet) contained within a broader mineralized zone grading 0.71 gpt gold over 29.2 m in hole TLP09-1. These 2009 drill holes are still 1000 m east of the intrusive contact and have yet to test the full length of the MaxMin anomaly. The Tay-LP property consists of 413 claims covering a 20 km-long by 4 km-wide belt of gold prospects (approximately 80 sq. km or 8,000 hectares) that were first discovered by prospecting in 1984. Tay-LP enjoys good road access from both Ross River and Whitehorse via the South Canol Road and a four-wheel drive access road to the old camp on Seagull Creek.
Canarc Resource Seeks Partner
11/9/2009
Canarc Resource Corp. announced that it has closed the non-brokered private placement equity financing totaling CAD 37,350 announced on November 2, 2009. Canarc Resource Corp. is currently focused on exploring Tay LP gold property in south-central Yukon and seeking a partner to advance its New Polaris gold mine project in north-western British Columbia to the feasibility stage.
Canarc Resource Corp. Announces Consolidated Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009
11/3/2009
Canarc Resource Corp. announced consolidated unaudited earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported loss of $291,000 compared to income of $2,000 for the same period a year ago. Net cash provided by operating activities was $27,000 compared to net cash used in operating activities of $213,000 for the same period a year ago. For the nine months, the company reported loss of $615,000 or $0.01 basic and diluted per share compared to $412,000 or $0.01 basic and diluted per share for the same period a year ago. Net cash used in operating activities was $175,000 compared to $639,000 for the same period a year ago.
CRCUF Competitors
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Industry Analysis
| Valuation | CRCUF | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | -- | Not Meaningful |
| Price/Book | 0.7x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | -- | Not Meaningful |
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CRCUF transactions
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Private Placement
November 2, 2009 |
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Private Placement
September 9, 2009 |
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More Recent News About Canarc Resource Corp
More news for CRCUF
Canarc Resource Drill Program Intersects Gold at Tay-LP Property, Yukon
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 11/12/09) - Canarc Resource Corp. (TSX:CCM - News)(OTC.BB:CRCUF - News)(DBFRANKFURT: CAN) announces that its recent drill program on the Tay-LP gold property located within the Tintina gold belt of the Yukon Territory intersected gold mineralization in all ten drill holes. Drilling highlights include 1.48 grams per tonne (gpt) gold over 9.2 meters (m) true width (0.043 oz per ton over 30.2 feet) contained within a broader mineralized zone grading 0.73 gpt gold over 28.2 m in hole TLP09-4; and 9.14 gpt gold over 1.0 m (0.27 oz per ton over 3.3 feet) contained within a broader mineralized zone grading 0.71 gpt gold over 29.2 m in hole TLP09-1.The 2009 drill program successfully extended the gold mineralization along strike and/or down dip from three areas with previous drill intercepts on the property (Sections 4, 11 and 28). Some of the historic drilling highlights include 3.6 gpt gold over 24.3 m in hole 91-24, 1.3 gpt gold over 31.8 m in hole 02-17 and 4.0 gpt gold over 10.5 m in hole 04-02.Assay results for the ten drill holes are shown in the table below. Maps and sections can be viewed on our website: ...Click here to read the whole Article (external link)
Canarc Closes CA$37,350 in Private Placement Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 11/09/09) - Canarc Resource Corp. (TSX:CCM - News)(OTC.BB:CRCUF - News)(DBFrankfurt: CAN) announces that it has closed the non-brokered private placement equity financing totaling CA$37,350 announced on November 2, 2009. The private placement consisted of 304,900 units priced at CA$0.1225 per unit for gross proceeds of CA$37,350. Each unit consisted of one common share and one-half share purchase warrant. Each full warrant can be exercised to purchase one common share at CA$0.165 within an 18 month period.A 7% finder's fee is payable in cash on a portion of this placement. The private placement is subject to the standard four month hold period (and a US legend for American subscribers only).The net proceeds of the unit private placement will be added to working capital.Canarc Resource Corp. is a growth-oriented, gold exploration company listed on the TSX (CCM) and the OTC-BB (CRCUF). Canarc is currently focused on exploring its recently acquired Tay LP gold property in south-central Yukon and seeking a partner to advance its New Polaris gold mine project in north-western British Columbia to the feasibility stage. Barrick Gold Corp. is a sharehold...Click here to read the whole Article (external link)
Canarc Arranges CA$40,000 in Private Placement Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 11/02/09) - Canarc Resource Corp. (TSX:CCM - News)(OTC.BB:CRCUF - News)(DBFrankfurt: CAN) announces that it has arranged a non-brokered private placement equity financing totaling approximately CA$40,000. The private placement consists of up to 326,000 units priced at CA$0.1225 per unit for gross proceeds of up to approximately CA$40,000. Each unit consists of one common share and one-half share purchase warrant. Each full warrant can be exercised to purchase one common share at CA$0.165 within an 18 month period.A 7% finder's fee is payable in cash on a portion of this placement. The private placement is subject to exchange and regulatory approvals, and the shares will be subject to the standard four month hold period (and a US legend for American subscribers only).The recently completed $0.10 unit private placement was oversubscribed by a small amount but the TSX did not approve the over-subscription so all the participants in that financing were cut back on a pro rata basis. The current $0.1225 unit offering is being taken up by some of the participants in the $0.10 offering in order to accommodate their previously over-subscribed amounts.The ...Click here to read the whole Article (external link)
Canarc Closes CA$960,000 in Two Private Placement Financings
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 10/26/09) - Canarc Resource Corp. (TSX:CCM - News)(OTC.BB:CRCUF - News)(DBFrankfurt: CAN) announces that it has closed the two non-brokered private placement equity financings totaling CA$960,000 that were announced on September 9, 2009. The first private placement consisted of 4,000,000 flow-through shares priced at CA$0.12 each for gross proceeds of CA$480,000. The flow-through shares will entitle the holders to a 100% CEE deduction, as well as the 15% federal tax credit in Canada.The second private placement consisted of 4,800,000 units priced at CA$0.10 each for gross proceeds of CA$480,000. Each unit consisted of one common share and one half share purchase warrant. Each full warrant can be exercised to purchase an additional common share at CA$0.15 within an 18 month period.Three flow-through funds of MineralFields Group participated in the flow through placement for 2,888,000 shares or CA $346,560 in total. MineralFields Group (a division of Pathway Asset Management), based in Toronto, Vancouver and Calgary, is a mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to inve...Click here to read the whole Article (external link)
Canarc Resource Corp.: Shareholder Update-Third Quarter Review 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 10/15/09) - Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX:CCM - News)(OTC.BB:CRCUF - News)(DBFrankfurt: CAN), provides the following review of the Third Quarter and the Outlook for the Fourth Quarter of 2009. Q3 Highlights and Q4 Outlook� -- Acquired an option to purchase the Tay-LP gold property located within the Tintina Gold Belt of the Yukon Territory over a three year period for CA$1 million in cash and/or shares and CA$1.5 million in exploration expenditures. -- Oversubscribed two private placement financings, subject to TSX approval, and commenced a 2000 meter drilling program at Tay-LP to step out from three historic drill intercepts to better define the structural, stratigraphic and intrusive controls on gold mineralization. -- Gold price continued its climb this week to a new all time high of US$1068 per oz, gold mining stocks have risen sharply, and Canarc shares doubled in price to CA$0.18 during Q3, 2009 -- Anticipate Tay-LP drill results by the end of October -- Continue to market the New Polaris gold mine project for a joint venture partner willing to advance the property to feasibi...Click here to read the whole Article (external link)
Canarc Commences Drill Program on Tay-LP Gold Property, Yukon Territory
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 09/15/09) - Canarc Resource Corp. (TSX:CCM - News)(OTC.BB:CRCUF - News)(DBFrankfurt: CAN) announces that drilling is now underway at the Tay-LP property located in the Tintina Gold Belt near Ross River, Yukon Territory. One diamond drill rig is currently working and will complete ten holes totalling approximately 2,000 m of drilling. The objective of the program is to extend known mineralisation along strike and down-dip of existing gold intercepts in three principle target areas, and also to test targets previously identified by geophysics and geochemical surveys that have never been drilled. Diamond drilling by previous operators in the principle target areas intersected numerous gold mineralised intervals, including 3.92 g/t gold over 10.47 metres in hole TLP04-02 and 3.10 g/t gold over 11 metres in hole TLP04-04.James Moors, B.Sc., P.Geo, Vice President, Exploration, is the Qualified Person who reviewed this news release and is supervising the 2009 drill program on the Tay-LP property.Canarc Resource Corp. is a growth-oriented, gold exploration company listed on the TSX (CCM) and the OTC-BB (CRCUF). Canarc is currently focused on exploring its recen...Click here to read the whole Article (external link)
Canarc Arranges CA$900,000 in Private Placement Financings
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 09/09/09) - Canarc Resource Corp. (TSX:CCM - News)(OTC.BB:CRCUF - News)(DBFrankfurt: CAN) announces that it has arranged two non-brokered private placement equity financings totaling CA$900,000. The first private placement consists of 4,000,000 flow-through shares priced at CA$0.12 each for gross proceeds of CA$480,000. The flow-through shares will entitle the holders to a 100% CEE deduction, as well as the 15% federal tax credit in Canada.The second private placement consists of 4,800,000 units priced at CA$0.10 each for gross proceeds of CA$480,000. Each unit consists of one common share and one half share purchase warrant. Each full warrant can be exercised to purchase an additional common share at CA$0.15 within an 18 month period.A 7% finders/due diligence fee and a 7% finders' warrant (having the same terms as the warrants in the unit offering) are applicable to portions of each private placement. Both private placements are subject to exchange and regulatory approvals and the shares and units will be subject to the standard four month hold period (and a US legend for American subscribers only).Canarc will use the net proceeds of the flow-t...Click here to read the whole Article (external link)
Canarc Acquires TAY-LP Gold Property in the Tintina Gold Belt, Yukon
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 08/25/09) - Canarc Resource Corp. (TSX:CCM - News)(OTC.BB:CRCUF - News) announces that it has acquired from Ross River Minerals Inc. (TSX-V:RRM - News) an option to purchase the TAY-LP gold property located within the Tintina Gold Belt approximately 75 kilometres south of the town of Ross River in the Yukon Territory. The TAY-LP property consists of 413 claims covering a 20 km-long by 4 km-wide belt of gold prospects (approximately 80 sq. km or 8,000 hectares) that were first discovered by prospecting in 1984. TAY-LP enjoys good road access from both Ross River and Whitehorse via the South Canol Road and a four-wheel drive access road to the old camp on Seagull Creek.Several million dollars are estimated to have been spent on exploration since 1984 by Cominco (1984-87), Pacific Comox (1988-99), Newmont (2000-01) and Ross River (2002-04). As a...Click here to read the whole Article (external link)
Canarc Resource Corp.: Shareholder Update and Second Quarter Review 2009
VANCOUVER, BRITISH COLUMBIA--(Marketwire - 07/29/09) - Bradford Cooke, Chairman and CEO of Canarc Resource Corp. (TSX:CCM - News)(OTC.BB:CRCUF - News)(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 Metals signed an option agreement with Parallel Capital Corp.;- Canarc affiliate, Caza Gold Corp. signed a Letter of Intent to acquire a large gold exploration property package in Mexico from Exmin Resources Inc.; and- At the Company's Annual General Meeting held on June 30, 2009, shareholders re-elected the Board of Directors.In May 2009, the Company received CAD$62,030 in demand loans from certain directors and an officers of the Company. The loans are repayable on demand and bear an interest rate of 9% per annum and are secured by the Company's shareholdings in Caza Gold Corp. at CAD$0.25 per share. The proceeds were added to working capital in order to facilitate the ongoing evaluations of merger and acquisition opportunities.In June 2009, Aztec Metals, in which the Company conti...Click here to read the whole Article (external link)
CANARC RESOURCE CORP Financials
Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Fundamental company data provided by Capital IQ. Quotes and other information supplied by independent providers identified on the Yahoo! Finance partner page. Quotes are updated automatically, but will be turned off after 25 minutes of inactivity. Quotes are delayed at least 15 minutes. Real-...Click here to read the whole Article (external link)
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