BEAVERTON, Ore., Jan. 8, 2007 (PRIME NEWSWIRE) -- Wall Street Savant, LLC (www.wallstreetsavant.com) today announced that it has initiated Profile Coverage on Canarc Resource Corp. (OTCBB:CRCUF) on its website. Canarc Resource Corp. is a growth-oriented gold exploration company focused on the discovery and development of high-value gold deposits in North, Central and South America. Its principal assets include the high-grade New Polaris gold project in Canada, the large Benzdorp gold exploration property in Suriname and a production royalty on the new Bellavista gold mine in Costa Rica.
To view Canarc Resource Corp.'s Profile please visit www.wallstreetsavant.com.
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Forward-Looking Statements: With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences; therefore, such projected events and anticipated results are not warranties or guarantees that such events will occur or that the Company will achieve such results. For more information about this corporation and risks involved in the investment of their publicly traded shares, please see the Company's web site, and/or documents filed with the SEC. Disclosure: Wall Street Savant LLC was compensated five thousand dollars and expects to be compensated an additional ten thousand dollars by the Company for profile coverage. Wall Street Savant LLC is not a registered investment advisers or broker/dealer. Wall Street Savant LLC makes no recommendation that the purchase of securities of companies profiled in its web site is suitable or advisable for any person or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.