Directors buying at Canarc Resource (T:CCM)

Andrew William Bowering, a Director, acquired 1,500,000 common shares at a price of $0.080 and 750,000 warrants exercisable at $0.130 for a period of 24 months on a direct ownership basis through a private transaction on October 7th, 2020. This represents a $120,000 investment into the company's shares and an account share holdings change of greater than 100%.

Under the same terms, Martin Andrew Burian, a Director, acquired 300,000 common shares and 150,000 warrants through a private transaction on October 7th, 2020. This represents a $24,000 investment into the company's shares and an account share holdings change of greater than 100%.

Canarc Resource is in the Gold Sub Industry Group under the Basic Materials Sector.

Canarc Resource Corp. is a mineral exploration company. The Company is engaged in evaluation, acquisition, exploration and development of natural resource properties of merit. The Company operates through the mineral exploration segment. It intends to seek and to acquire additional properties worthy of exploration and development. The Company owns a direct interest in the precious metal property, known as the New Polaris property and the Windfall Hills properties. The Company also owns interest in the El Compas property. El Compas property is a permitted gold silver project located in Zacatecas, Mexico and consists of approximately 20 concessions totaling over 3,900 hectares. New Polaris is an early Tertiary mesothermal gold mineralized body located in northwestern British Columbia approximately 100 kilometers south of Atlin, British Columbia and 60 kilometers northeast of Juneau, Alaska. The Company has completed a Phase I exploration program on its Windfall Hills project.