VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 12/13/10 -- Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(DBFrankfurt: CAN) announces that it has closed a CA$1,275,000 non-brokered private placement financing.
The private placement consisted of 8,500,000 units priced at CA$0.15 each. Each unit consists of one common share and one-half share
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