Quaterra Announces Conversion of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - August 30, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) (the "Company") today announced that it has issued 11,769,230 units pursuant to conversions of its secured 10% convertible debentures having an aggregate principal amount of US$550,000 and C$50,000. Each unit consists of a share and a share purchase warrant. Each share purchase warrant entitles the holder to acquire an additional common share at a price of US$0.05 (C$0.065) and...
2019-08-30 8:00 AM EDT
Quaterra Announces Commencement of Copper-Gold Exploration Program at Groundhog Prospect, Alaska
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB
2019-08-26 8:00 AM EDT
Quaterra Announces New CEO and AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra" or "the Company") today announced that Gerald Prosalendis, current President and COO of the Company, has been named President and Chief Executive Officer, effective July 1, 2019. To accommodate this appointment, Thomas Patton will resign as CEO while retaining the position of Chairman of the Board of Directors. Mr. Prosalendis has been involved in decision-making at a...
2019-06-21 8:00 AM EDT
Quaterra Announces Framework Agreement with Atlantic Richfield Company to Facilitate Yerington Site Cleanup
Vancouver, British Columbia--(Newsfile Corp. - June 3, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRFF) today announced its wholly-owned subsidiary Singatse Peak Services LLC ("SPS") has entered into a master agreement with Atlantic Richfield Company ("ARC") as part of a state-regulated, privately-funded solution to long-standing environmental issues associated with previous mining activity at the Anaconda Copper Mine site located on its Yerington property in Nevada. The agreement,...
2019-06-03 8:00 AM EDT
Quaterra President's Year-End Letter to Shareholders
Vancouver, British Columbia--(Newsfile Corp. - April 9, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRFF) is pleased to announce the following letter to its shareholders: Dear Fellow Shareholders: Interest in Nevada's mining-friendly Yerington Copper District is gaining momentum. Three publicly traded companies, including Quaterra, have been consolidating their position in this emerging copper camp, about 70 miles southeast of Reno. Nevada Copper Corp. has announced it intends...
2019-04-09 8:00 AM EDT
Quaterra Announces 2018 Year-End Financial Results
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) today says it has recently shifted focus to look for more innovative methods of financing exploration that do not dilute shareholders' interests in the Company. This approach, and other aspects of the Company's corporate strategy and outlook, are outlined in the Management's Discussion and Analysis ("MD&A") released today together with the financial statements for the year ended...
2019-04-03 8:00 AM EDT
Quaterra Closes Sale of Certain Yerington, Nevada, Water Rights for $6.02 Million
Vancouver, British Columbia--(Newsfile Corp. - March 3, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) today announced its wholly-owned subsidiary Singatse Peak Services LLC ("SPS") has closed the previously announced sale of certain primary ground water rights associated with its copper property in Yerington, Nevada, for $6.02 million. SPS entered into a purchase and sale agreement on September 13 last year with a Yerington-based company involved in agriculture in the district,...
2019-03-03 9:00 AM EST
Quaterra Closes Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) (the "Company" or "Quaterra") announces that it has closed its previously reported non-brokered private placement by issuing 3,000,000 common shares at a price of $0.05 per common share for gross proceeds of $150,000. Net proceeds from the private placement are proposed to be used for advancing the Company's Yerington project in Nevada, and general and administrative purposes....
2019-01-21 5:07 PM EST
Quaterra Announces Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 15, 2019) - Quaterra Resources Inc. (the "Company" or "Quaterra") plans to issue up to 3,000,000 common shares in a non-brokered private placement at a price of $0.05 per common share for gross proceeds of $150,000. Net proceeds from the private placement are proposed to be used for advancing the Company's Yerington project in Nevada, and general and administrative purposes. Finders' fees and commissions may be payable with respect to the...
2019-01-15 8:30 AM EST
Quaterra Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - September 20, 2018) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) (the "Company") today announced that it has granted 2,570,000 incentive stock options to 22 directors, officers, employees and consultants pursuant to the Company's stock option plan. The options are exercisable at a price of $0.06 per share for a period of five years and are subject to the policies of the TSX Venture Exchange. Company also announced that it has completed a...
2018-09-20 6:38 PM EDT
Quaterra Enters into Agreement to Sell Certain Yerington Water Rights for US$6.26 Million
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2018) - Quaterra Resources Inc.(TSXV: QTA) (OTCQB: QTRRF), today announced its wholly-owned subsidiary Singatse Peak Services LLC ("SPS") has entered into a purchase and sale agreement to sell certain primary ground water rights associated with its copper property in Yerington, Nevada, to Desert Pearl Farms LLC ("Desert Pearl"), a Yerington-based company involved in agriculture in the district, for US$6,259,200. Desert Pearl will...
2018-09-17 8:30 AM EDT
Quaterra Completes Sale of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - August 29, 2018) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) (the "Company") today announced the closing of the Company's previously announced private placement of secured 10% convertible debentures of the Company for gross proceeds of US$550,000 and C$500,000. The convertible debentures have a maturity date of February 28, 2020 and bear interest at a rate of 10% per annum. Repayment of outstanding principal and interest are secured by a...
2018-08-29 8:00 AM EDT
Quaterra Announces Private Placement of Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - August 20, 2018) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) (the "Company") today announced a proposed private placement of secured 10% convertible debentures of the Company (the "Convertible Debentures") for gross proceeds of up to US$1 million (the "Offering"). The Convertible Debentures will have a maturity date of 18 months from the closing date and bear interest at a rate of 10% per annum. Repayment of outstanding principal and...
2018-08-20 8:00 AM EDT
Quaterra Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2018) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra" or "the Company") today announced that all resolutions were passed by the requisite majority at its annual general meeting held in Vancouver, British Columbia, on June 21, 2018. PricewaterhouseCoopers LLP, Chartered Professional Accountants were re-appointed as auditors of the Company for the ensuing year and shareholders approved the Company's 2018 10% rolling stock...
2018-06-21 5:53 PM EDT
Quaterra Announces Private Placement of up to C$3 Million
Vancouver, British Columbia--(Newsfile Corp. - April 23, 2018) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra", the "Company") today announced that it is offering 30,000,000 units on a private placement basis at a price of C$0.10 per unit. Each unit will consist of one common share of the Company and one non-transferable common share purchase warrant. Each warrant will be exercisable into one common share at a price of C$0.15 for a period of two years from the date of closing...
2018-04-23 8:30 AM EDT
Quaterra Initiates MacArthur Project Copper Oxide Leach Evaluation At Yerington, Nevada
Vancouver, British--(Newsfile Corp. - January 10, 2018) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra", the "Company") today announced that it has initiated preparation of a comprehensive prefeasibility study on its MacArthur open-pit, oxide-leach copper project. MacArthur is located in the northern part of the Company's 51-square-mile property in the historic Yerington Copper District, Nevada, that also includes the Yerington and Bear copper deposits. MacArthur...
2018-01-10 8:00 AM EST
Quaterra Announces Drill Results at Groundhog, Alaska
Vancouver, British Columbia--(Newsfile Corp. - December 6, 2017) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra" or the "Company") today announced that recently completed summer drilling at the Groundhog copper prospect, Alaska, has intersected intrusive rocks and sulfide mineralization commonly associated with porphyry copper mineralization. The Groundhog property is located in an established copper porphyry belt 200 miles southwest of Anchorage, and three miles north of the...
2017-12-06 8:30 AM EST
Quaterra Releases Final 2017 Drill Results at Yerington Copper Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2017) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra" or the "Company") and its subsidiary Singatse Peak Services LLC ("SPS") today announced results from the last three holes of a 13-hole, 26,056-foot drill program at its Yerington Copper Project. Drilling, which began in March 2017, tested targets across the Company's 51-square-mile land package located in the historic Yerington Copper District of Nevada. The three...
2017-10-26 8:30 AM EDT