Canarc Signs Letter of Intent for a CA$1.1 Million in Private Placement Financing
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 11, 2012) - Canarc Resource Corp. (TSX:CCM)(OTCBB:CRCUF)(DBFrankfurt:CAN) announces that it has signed a Letter of Intent with Canford Capital Inc for a private placement equity financing of up to CA$1.1 million.