Quaterra Appoints New Chief Financial Officer
In the engagement of Atherton, the Company has agreed, subject to regulatory approval, to a compensation package which includes stock options entitling the purchase of up to 125,000 shares of the Company for a period of five years at a price of $1.04 per share, subject to a staged vesting formula over an eighteen month period.
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: firstname.lastname@example.org
Statements contained in this news release that are not historical facts are forward-looking statements as the term is defined in the private securities litigation reform act of 1995. Such forward-looking statements are subject to risks and uncertainties which could cause actual results to differ materially from estimated results. Quaterra relies upon litigation protection for forward-looking statements.
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.