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Canarc Resource reports an arrangement of a non-brokered private placement financing for up to CA$600,000. The private placement consists of up to 5,000,000 units priced at CA$0.12 each for gross proceeds of up to CA$600,000. Each unit consists of one common share and one half share purchase warrant. Each full warrant can be exercised to purchase an additional common …
Canarc Resource reports an arrangement of a non-brokered private placement financing for up to CA$600,000.
The private placement consists of up to 5,000,000 units priced at CA$0.12 each for gross proceeds of up to CA$600,000. 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$0.18 within an 18 month period.
For full details of this press release, click this link. To view Canarc’s profile, click here. Follow developments in gold mining and exploration for free. Sign on to the Gold Investing Newsletter.
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