AllPennyStocks.com Spotlights Canarc Resource Corp.


MISSISSAUGA, Ontario, Aug. 21, 2006 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Canarc Resource Corp. (TSX:CCM).

Canarc Resource Corp. is a growth-oriented gold exploration and mining company focused on the discovery and development of large gold deposits throughout the Americas. Canarc's principal projects include the high-grade New Polaris gold deposit in Canada and the large tonnage Benzdorp gold discovery in Suriname, South America. The Company also earns a modest royalty income from the new Bellivista gold mine in Costa Rica.

Canarc's management team has the technical and financial expertise that comes from decades of experience in the mining industry. Canarc is strong financially and major shareholders include Barrick Gold Corporation, Kinross Gold Corp. and the Veneroso Gold Certificates.

A complete CCM profile can be viewed at: http://www.allpennystocks.com/apsc/can/stock_profiles/ccm.htm

About AllPennyStocks.com Media Inc.:

AllPennyStocks.com is focused on the small-cap / penny stock market and has become a reputable name in the investment community. AllPennyStocks.com runs a Canadian and U.S. site to provide investors in Canada as well as the United States with informative and unique content and information. AllPennyStocks.com runs weekly penny stocks to watch, has a daily market write-up, provides company spotlights, runs a unique most active pages strictly for penny stocks trading on the TSX, TSX Venture, Nasdaq and OTC BB, and much more information for the average investor.

Although the majority of AllPennyStocks.com reports are independent, it has received compensation for carrying the report on Canarc Resource Corp. (TSX:CCM); the amount is three thousand two hundred dollars by the company for its efforts in presenting the CCM profile on its web site and distributing it to its database of subscribers as well as other services. This creates an inherent conflict of interest and readers are encouraged to view the full disclaimer at http://www.allpennystocks.com/apsc/can/stock_profiles/ccm.htm.



            

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