Canarc Shareholders Re-elect Directors, New Appointments to Management Team.VANCOUVER, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography -- Canarc Resource Corp. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : CRCUF) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :CCM CCM Contemporary Christian Music CCM Critical Care Medicine CCM County College of Morris (New Jersey) CCM Chama Cha Mapinduzi (political party, Tanzania) CCM CORBA Component Model ) announces that the shareholders approved all of the resolutions brought forward at the Annual General Meeting held in Vancouver, BC on June 16, 2004. Specifically, the Board of Directors consisting of Bradford Cooke, Leonard Harris For the football player of the same name see Leonard Harris (football player). Leonard Harris in St Kitts. He was a West Indies cricketer who played for the Combined Islands, Leeward Islands and Boland teams in the 1960's. , Derek Bullock and Chris Theodoropoulos was re-elected; KPMG KPMG Klynveld Peat Marwick Goerdeler (accounting firm) KPMG Kaiser Permanente Medical Group KPMG Keiner Prüft Mehr Genau (German) KPMG Kommen Prüfen Meckern Gehen was re-appointed as auditor; and the Directors were granted authority to issue private placements of new treasury shares for financings from time to time. The Board of Directors also approved three key appointments to the management team. Mr. Godfrey Walton, M.Sc., P.Geo., was appointed Vice President, Exploration, returning to Canarc after spending the last three years as a geological consultant. Mr. Walton previously worked with Canarc from 1996 until 2001 and brings to Canarc 30 years of experience in the mining industry, specializing in the discovery and development of ore deposits. He previously held senior exploration management positions with several companies including Battle Mountain Gold and Chevron Minerals. Mr. Philip Yee, M.B.A., C.P.A., C.M.C., was appointed Controller and Finance Manager. Philip has 16 years experience in all aspects of accounting, regulatory and management functions for both private and public companies, including 6 years in the mining industry. Mr. Yee previously held accounting and controller positions with Augusta Group, Can-Chi Group and other companies. Mr. James Moors, B.Sc., P.Geo., was appointed Exploration Manager. James is also returning to Canarc, having acted as Project Geologist on the New Polaris property in the early 1990's, before leaving to work with Homestake Minerals and the BC-Yukon Chamber of Mines. Mr. Moors has over 16 years experience in the mining industry, specializing in exploration for gold deposits. Canarc Resource Corp. is a growth-oriented, gold exploration and mining company listed on the TSX (symbol CCM) and the OTC-BB (symbol CRCUF). The Company's principal assets are its 100% interest in the 1.3 million oz New Polaris gold deposit located in northwestern British Columbia and its 80% option on the 138,000 hectare Benzdorp gold property in Suriname. Major shareholders include Barrick Gold Barrick Gold Corporation TSX: ABX NYSE: ABX is the largest pure gold mining company in the world, with its headquarters in Toronto, Ontario, Canada; and four regional business units (RBU's) located in Australia, Africa, North America and South America. Corp. and Kinross Gold Kinross Gold Corporation (TSX: K, NYSE: KGC) is a Canadian gold mining company. It is the seventh largest primary gold producer in the world.[1] See also
1. ^ Kinross Gold. Corp. On Behalf of the Board of Directors CANARC RESOURCE CORP. Bradford Cooke, President and C.E.O. The TSX Exchange has neither approved nor disapproved the contents of this news release. |
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