Quaterra Resources Inc.

Recent News

  • Quaterra Enters into Agreement to Sell Certain Yerington Water Rights for US$2.91 Million

    Vancouver, British Columbia--(Newsfile Corp. - February 24, 2021) - 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$2.91 million.Desert Pearl has paid an initial $1 million on signing into escrow which...

    2021-02-24 9:30 AM ET
  • Quaterra Announces Resignation of President and CEO

    Vancouver, British Columbia--(Newsfile Corp. - February 2, 2021) -  Quaterra Resources Inc. (OTCQB: QTRRF) (TSXV: QTA) ("Quaterra" or the "Company") today announced that Gerald Prosalendis has, for personal reasons, resigned as President and CEO and as a director of the Company. Dr. Thomas Patton, Chairman and Founder of the Company, will assume the role of interim President and CEO of the Company."We would like to thank Gerald for his leadership during difficult market conditions and the progress the Company has...

    2021-02-02 9:30 AM ET
  • Quaterra Private Placement Withdrawn, Subscriptions Returned

    Vancouver, British Columbia--(Newsfile Corp. - December 23, 2020) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra" or the "Company") today announced that due to COVID-19 and general market conditions, the company has withdrawn its previously reported Private Placement. All subscriptions to the offering will be returned.About Quaterra Resources Inc.Quaterra Resources Inc. is a copper-gold exploration company focused on projects...

    2020-12-23 9:30 AM ET
  • Quaterra to Extend and Amend Previously Announced Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - November 9, 2020) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra" or the "Company") today reported that the Company is extending the closing date of the previously announced non-brokered private placement by 30 days from the date of this news release. As well, the Company has amended the current private placement, which was initially announced on September 23, 2020, so that it now consists of up to 30,000,000 units at a price of...

    2020-11-09 9:30 AM ET
  • Quaterra Announces C$3 Million Private Placement Financing

    Vancouver, British Columbia--(Newsfile Corp. - September 23, 2020) -  Quaterra Resources Inc. (TSXV: QTA) ("Quaterra" or the "Company") today announced it plans for a non-brokered private placement offering of up to 30,000,000 units at a price of C$0.10 per unit for gross proceeds of up to C$3 million. Each unit will consist of one common share of the Company and one-half warrant with each full warrant exercisable into one common share at a price of C$0.15 for a period of...

    2020-09-23 8:30 AM ET
  • Quaterra Announces Conversion of Convertible Debentures and Repayment of Principal

    Vancouver, British Columbia--(Newsfile Corp. - August 31, 2020) - Quaterra Resources Inc. (TSXV: QTA) (OTCQX: QTRRF) (the "Company") today announced that it has repaid a principal amount of C$400,000, plus C$99,233 in interest in terms of a secured 10% convertible debenture of the Company issued on August 28, 2018. The Company has also issued 1,000,00 units pursuant to conversions of an aggregate principal amount of C$100,000 at C$0.10 per unit, with each unit consisting of a share and a...

    2020-08-31 7:30 AM ET
  • Quaterra Closes Last of Two Sales of Water Rights in Yerington, Nevada, for $673,128

    Vancouver, British Columbia--(Newsfile Corp. - July 28, 2020) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) today announced its wholly-owned subsidiary Singatse Peak Services LLC ("SPS") has closed the second of two sales of certain primary ground water rights associated with its copper property in Yerington, Nevada, for $673,128. Together with an earlier announced sale total proceeds from the two sales amount to a total of $1.87 million.On December 19, 2019, SPS announced it had entered into two separate...

    2020-07-28 7:00 AM ET
  • Quaterra Closes First of Two Sales of Water Rights in Yerington, Nevada, for $1.19 Million

    Vancouver, British Columbia--(Newsfile Corp. - July 9, 2020) -  Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) today announced its wholly-owned subsidiary Singatse Peak Services LLC ("SPS") has closed the first of two sales of certain primary ground water rights associated with its copper property in Yerington, Nevada, for $1.19 million.On December 19, 2019, SPS announced it had entered into two separate purchase and sale agreements to sell certain primary ground water rights to Desert Pearl Farms, LLC and Desert Hills...

    2020-07-09 11:33 AM ET