UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2020
Commission File Number: 0-55139
QUATERRA RESOURCES INC.
(Translation of registrant's name into English)
1100-1199 West Hastings Street
Vancouver, BC V6E 3T5 Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
[ x ] Form 20-F [ ] Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
SUBMITTED HEREWITH
Exhibits
Exhibit | Description | |
99.1 | News Release dated June 30, 2020 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
QUATERRA RESOURCES INC. | ||
(Registrant) | ||
Date: June 30, 2020 | By: | /s/ Lei Wang |
Lei Wang | ||
Title: | Chief Financial Officer |
June 30, 2020
QTA: TSX VENTURE
QTRRF: OTCQB
Quaterra Announces AGM Results
VANCOUVER, B.C. - Quaterra Resources Inc. ("Quaterra" or "the Company") (TSX-V: QTA; OTCQB: QTRRF) today announced that all resolutions were passed by the requisite majority at its annual general meeting held in Vancouver, British Columbia on June 30, 2020. PricewaterhouseCoopers LLP, Chartered Professional Accountants were re-appointed as auditors of the Company for the ensuing year and shareholders approved the Company's 2020 10% rolling stock option plan.
A total of 149,866,139 common shares were represented at the AGM, representing 68.84% of the votes attached to all outstanding common shares as at the record date. All the matters submitted to the shareholders for approval as set out in the Company's notice of meeting and information circular dated May 22, 2020, were approved by the requisite majority of votes cast at the AGM.
The following five incumbent directors were re-elected: Thomas Patton, John Kerr, LeRoy Wilkes, Gerald Prosalendis and Terry Eyton.
Following the annual general meeting, the board of directors re-appointed Thomas Patton as Chairman, Gerald Prosalendis as President and CEO, Lei Wang as CFO and Lawrence Page, Q.C. as Corporate Secretary.
The Company also announced that it has granted 3,175,000 incentive stock options to 24 directors, officers, employees and consultants pursuant to the Company's stock option plan. The options are exercisable at a price of $0.08 per share for a period of five years and are subject to the policies of the TSX Venture Exchange.
On behalf of the Board of Directors,
Gerald Prosalendis
President & CEO, Quaterra Resources Inc.
For more information please contact:
Gerald Prosalendis, President & COO, Quaterra Resources Inc.
604-641-2780
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.