AllPennyStocks.com Releases a Special Report on Canarc Resource Corp.


MISSISSAUGA, Ontario, Oct. 20, 2006 (PRIMEZONE) -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article by Greg Moses, an AllPennyStocks.com News Reporter, this one discussing Canarc Resource Corp. (TSX:CCM) (OTCBB:CRCUF), its industry and future prospects.

Gold prices, even after achieving a meteoric rise earlier this year, are still at historically attractive levels. While gold prices may be fluctuating, one Canadian Gold Exploration and Mining firm, based in Vancouver, is still bedrock solid.

Canarc Resource Corp. is an established growth oriented Gold Exploration firm spanning the Americas. The Company has a rich history and currently has three key Projects underway in North, Central, and South America.

Canarc Resource Corp. is a strong, well managed company whose shareholders include Barrick Gold Corporation and Kinross Gold Corp. Barrick Gold is a large leading international New York Stock Exchange gold mining company, which operates 27 mines, while Kinross Gold Corp. is a world class Canadian gold firm, ranked as the eighth largest producer in the world.

The full version of this special report on CCM can be found at: http://www.allpennystocks.com/apsc/can/article/ccm_oct_19_2006.htm

About AllPennyStocks.com:

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 stocks to watch, has a weekly 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 compensation 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 main disclaimer at http://www.allpennystocks.com/apsc/can/stock_profiles/ccm.htm.



            

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