Quaterra Resources Announces AGM Results

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TSXV:QTA

Quaterra Resources (TSXV:QTA) announced the results of its annual general meeting of shareholders, held in Vancouver, British Columbia on June 25. All resolutions were passed by the requisite majority.

Quaterra Resources (TSXV:QTA) announced the results of its annual general meeting of shareholders, held in Vancouver, British Columbia on June 25. All resolutions were passed by the requisite majority.

As quoted in the press release:

Smythe Ratcliffe, Chartered Accountants were re-appointed as auditors of the Company for the ensuing year and shareholders approved the Company’s 2015 10% rolling stock option plan.

A total of 126,610,744 common shares were represented at the AGM, representing 65.44% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to the shareholders for approval as set out in the Company’s notice of meeting and information circular dated May 15, 2015, were approved by the requisite majority of votes cast at the AGM.

Shareholders voted in favour of setting the number of directors at five and the following incumbent directors were re-elected: Steven Dischler, Thomas Patton, John Kerr, LeRoy Wilkes and Terry Eyton. Michael Berry and Todd Hilditch did not stand for re-election and the Company thanks them for their valuable and dedicated service as directors.

Following the annual general meeting, the board of directors re-appointed Steven Dischler as President & CEO, Thomas Patton as Chairman, Scott Hean as CFO and Lawrence Page, Q.C. as Corporate Secretary.

The Company’s report of voting results will be available on the Company’s website.

Click here to read the Quaterra Resources (TSXV:QTA) press release

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