Lion Copper and Gold Corp (TSX-V:LEO, OTCQB:LCGMF), formerly called Quaterra Resources Inc, said it has hired experienced financial executive Thomas Pressello as a board director.
Pressello is the founder of Active Hedge Capital Inc, a finance advisory firm, and he previously worked at one of the largest Canadian banks where he restructured several C$100 million plus real estate portfolios.
He has also been a key investor in the high tech, biotech and real estate areas, the company noted.
READ: Quaterra Resources to change name to Lion Copper and Gold Corp as it takes steps to become domestic copper producer
Lion Copper and Gold is advancing the MacArthur copper project in Nevada, USA, and exploring the Chaco Bear and Ashton properties in British Columbia, Canada as the world turns to a cleaner, less carbon-based future.
The company's MacArthur asset sits in Mason Valley, a large, historic copper camp within a land package spanning 51 square miles. The project is a large-scale, low-cost, heap leach operation with potential for near-term production of pure copper cathode.
Contact the author at giles@proactiveinvestors.com