Canarc reports shareholder update-second quarter review 2008

Canarc Resources reports its second quarter review to its shareholders.

The other significant new development in the 2nd quarter was the approvals granted by the Canarc shareholders, the Toronto Stock Exchange (“TSX”) and the BC Supreme Court for the spin-out of Caza Gold Corp. from Canarc by way of a plan of arrangement.

Chairman and CEO of Canarc Resource Corp., Bradford Cooke says:

During Q2, 2008, Canarc strengthened its management team and Board of Directors with the appointments of Mr. Garry Biles, P.Eng. as the new President and Chief Operating Officer of the Company and Bruce Bried, P.Eng. as a Director of Canarc, effective June 1, 2008.

For full details of this press release, click this link. Gold Investing News researchers discovered Canarc’s shareholder review described on their website. Follow developments in gold mining and exploration for free. Sign on to the Gold Investing Newsletter.