| Canarc Closes Flow-Through Financing | |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 10, 2014) - Canarc Resource Corp. (CCM.TO)(CRCUF)(CAN.F) announces that it has closed a CA$400,000 non-brokered flow-through equity financing with one subscriber. The financing consisted of 5 million units (the "Units") priced at CA$0.08 each. Each Unit consists of one flow-through common share and one half of one share purchase warrant. Each warrant entitles the holder to purchase one additional non-flow-through share at Cdn$0.15 for a two year period. The warrants and the warrant shares will have no flow-through tax benefits. The flow-through shares, warrants and warrant shares are subject to a four month plus one day hold period from July 9, 2014. The proceeds of the flow-through financing will be used for drilling at Windfall Hills Project that is now in progress. Catalin Chiloflischi, CEO CANARC RESOURCE CORP. About Canarc Resource Corp. - Canarc is a growth-oriented, gold exploration and mining company listed on the TSX (CCM) and the OTC-BB (CRCUF). The Company is currently seeking a partner to advance its 1.1 million oz, high grade, underground, New Polaris gold mine project in British Columbia, to feasibility. Canarc is also seeking to acquire operating or pre-production gold mines in the Americas. Cautionary Note Regarding Forward-Looking Statements This news release contains "forward-looking statements" within the meaning of the United States private securities litigation reform act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward-looking statements and information herein include, but are not limited to, statements regarding Canarc's future performance, including anticipated acquisitions, exploration, development, production, revenues, cash costs, capital costs, timing and expenditures to develop new mines and mineralized zones, gold grades and recoveries, and the use of the Company's working capital. The Company does not intend to, and does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
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VanEck Vectors Global Alternative Energy ETF
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EN DÉVELOPPEMENT |
CODE : CCM.TO |
ISIN : CA13722D1015 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Canarc Res. est une société développant des projet miniers d'or basée au Canada. Canarc Res. détient divers projets d'exploration au Canada. Son principal projet en développement est NEW POLARIS au Canada et ses principaux projets en exploration sont BENZDORP GOLD PROJECT au Suriname et TAY-LP au Canada. Canarc Res. est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 16,1 millions (11,9 millions US$, 10,7 millions €). La valeur de son action a atteint son plus haut niveau récent le 19 avril 1996 à 3,00 , et son plus bas niveau récent le 27 mars 2020 à 0,03 . Canarc Res. possède 47 442 200 actions en circulation. |