Quaterra Reports on Corporate Matters
26 Juni 2014 - 9:19PM
Marketwired
Quaterra Reports on Corporate Matters
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 26, 2014) -
Quaterra Resources Inc. ("Quaterra" or "the Company")
(TSX-VENTURE:QTA)(OTCQX:QTRRF) today announced that all resolutions
were passed by the requisite majority at its annual general meeting
held in Vancouver, British Columbia on June 25, 2014. Smythe
Ratcliffe, Chartered Accountants were re-appointed as auditors of
the Company for the ensuing year and shareholders approved the
Company's 2014 10% rolling stock option plan.
The following incumbent directors were re-elected: Thomas
Patton, Steven Dischler, LeRoy Wilkes, Anthony Walsh, John Kerr,
Todd Hilditch and Michael Berry. Tracy Stevenson did not stand for
re-election and the Company thanks him for his valuable and
dedicated service as a director over many years.
Following the annual general meeting, the board of directors
re-appointed Steven Dischler as President & CEO, Thomas Patton
as Chairman, Scott Hean as CFO, Eugene Spiering as VP Exploration
and Lawrence Page, Q.C. as Corporate Secretary.
The Company's report of voting results has been filed on the
Company's website.
The Company also announces that it has granted incentive stock
options under its 10% rolling stock option plan to directors,
officers, employees and consultants to purchase a total of
2,930,000 common shares at $0.10 per share exercisable for a period
of five years. The options are subject to acceptance for filing by
the TSX Venture Exchange.
On behalf of the Board of Directors,
Steven Dischler, President & CEO
Quaterra Resources Inc.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in Policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
Quaterra Resources Inc.Mr. Steven DischlerPresident &
CEO775-463-9600
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