Total
0
Shares
Source: Quaterra Resources Inc.
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Quaterra Resources (QTA) is changing its corporate name to Lion Copper and Gold Corp.
  • The company’ will now trade on the TSX Venture Exchange under the trading symbol LEO and on the OTCQB Venture Exchange under the symbol LCGMF
  • The change is expected to take place on November 22
  • Quaterra Resources is up 3.13 per cent, trading at $0.16 at 10:23 am ET

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.

More From The Market Herald

" Rock Tech Lithium (TSXV:RCK) announces results from Lithium Hydroxide Converter engineering study

Rock Tech Lithium (RCK) has announced the results of an engineering study for the merchant lithium hydroxide converter and refinery facility in Guben, Germany.

" Search Minerals (TSXV:SMY) announces $5M private placement

Search Minerals (SMY) is conducting a non-brokered private placement for gross proceeds of up to $5,000,000.

" DLP Resources (TSXV:DLP) updates proposed private placement

DLP Resources (DLP) intends to complete an offering of up to 2,000,000 FT units for gross proceeds of $500,000.

" Advance United Holdings (CSE:AUHI) launches the Advance United Marketplace

Advance United Holdings (AUHI) has introduced a platform for owners of mineral commodities to connect with developers and producers.