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Archived Press Releases and Stock Market News for Canarc Resource Corp (CRCUF/CRCUF.OB )

Canarc Arranges CA$62,000 Loan Financing With Directors and Officers

Press Release Source: Canarc Resource Corp. Canarc Arranges CA$62,000 Loan Financing With Directors and Officers On Monday May 11, 2009, 10:00 am EDT VANCOUVER, BRITSH COLUMBIA--( - May 11, 2009) - Canarc Resource Corp. (TSX:CCM; OTCBB:CRCUF; DBFrankfurt:CAN) announces that it has arranged a CA$62,000 loan financing with certain officers and directors. The financing is in the
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Canarc Resource Corp.: Caza Gold to Acquire Two Large Gold Exploration Properties in Mexico; Offers to Purchase 30% of the Moris Gold Mine in Chihuahua, Mexico

Press Release Source: Canarc Resource Corp. Canarc Resource Corp.: Caza Gold to Acquire Two Large Gold Exploration Properties in Mexico; Offers to Purchase 30% of the Moris Gold Mine in Chihuahua, Mexico Thursday April 2, 2009, 11:15 am EDT VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Apr 2, 2009 -- Canarc Resource Corp. (Toronto:CCM.TO)(OTC BB:CRCUF.OB)(DBFrankfurt: CAN)("Canarc") announces that its 11% owned, affiliated gold resource company, Caza Gold Corp. ("Caza"), has signed a Letter of Intent to acquire tw
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Canarc Resource News Release

Press Release Source: Canarc Resource Corp. Canarc Resource News Release Friday March 27, 2009, 4:56 pm EDT VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Mar 27, 2009 -- Canarc Resource Corp. (Toronto:CCM.TO)(OTC BB:CRCUF.OB)(DBFrankfurt: CAN) has released its audited financial statements for the year ended December 31, 2008, and the related management discussion and analysis of financial position, and results of operations (MD&A).
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Canarc Resource Corp. Shareholder Update: Review of 2008 and Outlook for 2009

(OTCBB:CRCUF) Canarc Resource Corp. Press ReleaseSource: Canarc Resource Corp. Canarc Resource Corp. Shareholder Update: Review of 2008 and Outlook for 2009Tuesday February 17, 11:27 am ET VANCOUVER, BRITISH COLUMBIA- - Bradford Cooke, Chairman and CEO of Canarc Resource Corp. , is pleased to provide the following review of Canarc's accomplishments in 2008 and its plans for 2009. 2008 Highlights- Appointed new senior management and director, Mr. Garry Biles, P.Eng. becomes President and Chief Operating Officer and Mr. Bruce Bried, P.Eng. joins Canarc's Board of Directors.- Completed a Plan of Arrangement to spin-out Canarc's Mexican gold projects to its wholly-owned subsidiary company, Caza Gold Corp
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Canarc Announces Improved Economic Outlook for New Polaris Gold Mine Project

(OTCBB:CRCUF) Canarc Resource Corp. Press ReleaseSource: Canarc Resource Corp. Canarc Announces Improved Economic Outlook for New Polaris Gold Mine ProjectWednesday January 7, 10:00 am ET VANCOUVER, BRITISH COLUMBIA-Jan 7, 2009 - Canarc Resource Corp. (DBFrankfurt: CAN) announces that recent optimization work on the preliminary assessment of the New Polaris gold mine project in northwestern British Columbia has improved the project economics.The combination of new off-site treatment terms, an increased gold price and a decreased Canadian dollar exchange rate have a positive impact on the economics for the New Polaris gold mine project. At a $US 750 per oz gold price and a $US /$CA exchange rate of 0.80, the project generates a pre-tax Net Present Value of CA$131.2 and a pre-tax Internal Rate of Return of 28.8%.
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Canarc Closes $100,000 Private Placement Financing

(OTCBB:CRCUF) Canarc Resource Corp. Press ReleaseSource: Canarc Resource Corp. Canarc Closes $100,000 Private Placement FinancingMonday December 1, 1:46 pm ET VANCOUVER, BRITISH COLUMBIA- - Canarc Resource Corp. announces that it has closed a $100,000 non-brokered private placement financing. The private placement consisted of 1,000,000 units priced at CA$0.10 each for gross proceeds of CA$100,000. 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.The units will be subject to the standard four month hold period . All of the subscribers are existing shareholders of the Company. Canarc will use the net proceeds to evaluate prospective gold
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Canarc Resource Corp. Shareholder Update; Third Quarter Review 2008

(OTCBB:CRCUF) Canarc Resource Corp. Press ReleaseSource: Canarc Resource Corp. Canarc Resource Corp. Shareholder Update; Third Quarter Review 2008Wednesday November 12, 12:24 pm ET VANCOUVER, BRITISH COLUMBIA- - Bradford Cooke, Chairman and CEO of Canarc Resource Corp. , provides the following review of the 3rd quarter, 2008 and the outlook for Q4, 2008. During Q3, 2008, Canarc management continued to work on refining and assessing the process alternatives and economic models for the New Polaris gold mine project in northwestern B.C. A term sheet was received from a process facility offering to purchase the proposed gold concentrates from New Polaris, confirming that the project can produce a saleable gold concentrate. An updated economic summary should be released shortly.C
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Canarc Revises Terms of Private Placement Financing

(OTCBB:CRCUF) Canarc Resource Corp. Press ReleaseSource: Canarc Resource Corp. Canarc Revises Terms of Private Placement FinancingMonday November 10, 12:52 pm ET VANCOUVER, BRITISH COLUMBIA- - Canarc Resource Corp. announces that it has revised the terms of the previously announced non-brokered private placement equity financing. The private placement will now consist of up to 1,500,000 units priced at CA$0.10 each for gross proceeds of up to CA$150,000. 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.The units will be subject to the standard four month hold period . Most of the subscribers are existi
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