Quaterra Appoints VP Exploration
2006-01-09 News Release
The company also reported the grant of an incentive stock option to Mr. Spiering providing for the purchase of 200,000 shares at an exercise price of $0.40 and for a period of five years.
Tom Patton, president, said, “We are extremely pleased to add Gene to our exploration team. His discovery track record and expertise in uranium, precious metals and nickel exploration will have an immediate impact on our ongoing exploration programs and in the identification and evaluation of new opportunities.”
The company also reported that a drilling contract for 5,000 metres has been executed for initial diamond drill testing of up to ten uranium breccia pipe targets in Arizona. The program is scheduled to commence within two weeks.
On behalf of the Board of Directors,
Thomas Patton, President
Quaterra Resources Inc.
Contact Jay Oness at 1-888-456-1112, 604-681-9059 or email: email@example.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management. We seek safe harbour.