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Canarc Resource Corp welcomes two new directors and an interim CEO

Scott Eldridge and Kai Hoffmann have been welcomed as new directors to the board, Canarc said

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Canarc Resource Corp has unveiled some changes in the boardroom

Precious metals explorer Canarc Resource Corp. (CVE:CCM, OTCMKTS:CRCUF) said it now had two new directors following its AGM on June 29, along with an interim chief executive.

Catalin Kilofliski has stepped down as chief executive and the board nominated chairman Bradford Cooke to act as an interim until a replacement is appointed.

Scott Eldridge and Kai Hoffmann have been welcomed as new directors to the board, joining existing directors Deepak Malhotra, Martin Burian and Bradford Cooke.

After 17 years of stalwart service, Len Harris retired from the board and did not stand for re-election, said Canarc in a brief regulatory release.

"I would like to thank Len Harris for his many years of service on the Canarc Board of Directors. Len was our most active independent director, he always took the time to advise us on technical and strategic matters and will be sorely missed.

"We wish him all the best in his retirement. I want to thank Catalin Kilofliski for his service as CEO and we wish him well in his new endeavors. On behalf of the existing directors, I also welcome Scott Eldridge and Kai Hoffmann as new directors to the board," said Cooke.

Canarc shares are at C$0.055 in Toronto.

Quick facts: Canarc Resource Corp.

Price: 0.055 CAD

TSX:CCM
Market: TSX
Market Cap: $13.31 m
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