Canarc Closes Fully Subscribed Private Placement Financing
31 Gennaio 2014 - 2:30PM
Marketwired
Canarc Closes Fully Subscribed Private Placement Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 31, 2014) -
Canarc Resource Corp. (TSX:CCM)(OTCBB:CRCUF)(DBFrankfurt:CAN)
announces that it has closed in full its previously announced
non-brokered private placement equity financing.
The private placement consisted of 18 million units priced at
CAD$0.05 each for total proceeds of CAD$900,000. Each unit is
comprised of one common share and one half share purchase warrant.
Each warrant entitles the holder to purchase one additional share
at Cdn$0.10 for a two year period. A total of CAD$22,500 finders'
fees will be paid to an arms-length party for placing a portion of
the financing. The shares and units are subject to a four month
plus one day hold period from the closing date of the private
placement. The net proceeds of the unit private placement will be
used for working capital purposes.
The Company also announces that as part of its growth strategy
for 2014, management is currently evaluating certain producing and
pre-production gold mine acquisition opportunities. Management has
identified several alternative debt and convertible debt financing
sources that may be suitable for the capital requirements of such
an acquisition.
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 core asset, the 1.1 million oz, high grade,
underground, New Polaris gold mine project in British Columbia, to
feasibility. Canarc is also seeking to acquire an operating or
pre-production gold mine 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.
Canarc Resource Corp.Catalin ChiloflischiCEO(604) 685-9700 or
Toll Free: 1-877-684-9700(604) 685-9744Canarc Resource Corp.Gregg
WilsonVice-President (Investor Relations)(604) 685-9700 or Toll
Free: 1-877-684-9700(604) 685-9744info@canarc.netwww.canarc.net
Grafico Azioni Canagold Resources (QB) (USOTC:CRCUF)
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Da Dic 2024 a Gen 2025
Grafico Azioni Canagold Resources (QB) (USOTC:CRCUF)
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Da Gen 2024 a Gen 2025
