Canagold Resources Ltd. — Proxy Solicitation & Information Statement 2020

Sep 4, 2020

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September 04, 2020

510 Burrard St, 3rd Floor Vancouver BC, V6C 3B9 www.computershare.com

To: All Canadian Securities Regulatory Authorities

Subject: CANARC RESOURCE CORP.

Dear Sir/Madam:

We advise of the following with respect to the upcoming Meeting of Security Holders for the subject Issuer:

Meeting Type : Special Meeting Record Date for Notice of Meeting : September 14, 2020 Record Date for Voting (if applicable) : September 14, 2020 Beneficial Ownership Determination Date : September 14, 2020 Meeting Date : October 19, 2020 Meeting Location (if available) : Vancouver, BC Issuer sending proxy related materials directly to NOBO: Yes Issuer paying for delivery to OBO: No

Notice and Access (NAA) Requirements:

NAA for Beneficial Holders No NAA for Registered Holders No

Voting Security Details:

Description CUSIP Number ISIN COMMON SHARES 13722D101 CA13722D1015

Sincerely,

Computershare

Agent for CANARC RESOURCE CORP.