Featherstone Capital Advisors Inc.

July 09, 2009 13:35 ET

Featherstone Capital Advisors Inc.: Termination of Advisory Services Agreement With Terrane Metals Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 9, 2009) - Featherstone Capital Advisors Inc. ("Featherstone") announces that the corporate development and financial advisory services agreement with Terrane Metals Corp. ("Terrane" or the "Company") (TSX VENTURE:TRX) dated April 19, 2006 has been terminated by Terrane effective July 5, 2009. Douglas Forster, President and CEO of Featherstone commented: "Featherstone was instrumental in the acquisition of Terrane's Mt. Milligan copper-gold project and Berg copper-molybdenum-silver project and recruited the current Chief Executive Officer and Chief Financial Officer of the Company as well as Terrane's founding Board of Directors. While Featherstone will no longer be providing advisory services to Terrane, we wish the Company well as they advance their two British Columbia mine development projects."

FEATHERSTONE CAPITAL ADVISORS INC.

Douglas B. Forster, President and CEO

Contact Information

  • Featherstone Capital Advisors Inc.
    Douglas B. Forster
    President and CEO
    604-681-6100