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Quaterra Resources (TSXV:QTA) announces name change

Mining
TSXV:QTA
18 November 2021 14:15 (EDT)

Source: Quaterra Resources Inc.

Quaterra Resources (QTA) is changing its corporate name to Lion Copper and Gold Corp.

The company’s shares will now trade on the TSX Venture Exchange under the trading symbol LEO and on the OTCQB Venture Exchange under the symbol LCGMF.

“With growing assets in the highly prospective regions east of the Golden Triangle and within the Spences Bridge Gold Belt in B.C. Canada, and an active flagship copper project in Nevada taking steps toward the domestic production of copper, the name change marks our commitment to play a lead in sustainable mining approaches in the support of the renewable energy economy, while also positioning ourselves for compelling growth potential,” said CEO Travis Naugle.

The change is expected to take place on November 22.

There is no change in the capitalization structure of the company in connection with the name change.

Shareholders holding Quaterra share certificates can request a replacement certificate with the new company name; however, new certificates are not required and will not be automatically issued.

Quaterra Resources is up 3.13 per cent, trading at $0.16 at 10:23 am ET.

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