Quaterra Resources Inc.

Recent News

  • Quaterra Strengthens Management Team with Additions of CEO and President

    Vancouver, British Columbia--(Newsfile Corp. - May 13, 2021) - Quaterra Resources Inc. (OTCQB: QTRRF) (TSXV: QTA) ("Quaterra" or the "Company") has announced the appointment, effective immediately, of Mr. Travis Naugle as CEO and Mr. Stephen Goodman as President. Mr. Naugle is a seasoned executive and officer in gold, copper and strategic & critical metals mining companies. He has led in the design, construction, and operation of mining projects in the U.S., Eurasia, Russia, and Asia. His track record includes a...

    2021-05-13 9:30 AM EDT
  • Quaterra's Previously Announced Drill Program Now Underway at MacArthur Copper Oxide Property

    Vancouver, British Columbia--(Newsfile Corp. - May 7, 2021) - Quaterra Resources Inc. (OTCQB: QTRRF) (TSXV: QTA) ("Quaterra" or the "Company") today announced that a 7,000 -10,000-foot core drilling program began on May 4th at its MacArthur copper oxide project in the Yerington District, Nevada. Costs associated with the program will be internally funded through utilization of funds on hand and funds derived through the exercise of Warrants prior to their maturity date. The drill program, with an estimated time frame...

    2021-05-07 9:30 AM EDT
  • Quaterra Announces Drill Program at MacArthur Copper Oxide Property: Core Drilling to Begin in Early May

    Vancouver, British Columbia--(Newsfile Corp. - April 20, 2021) - Quaterra Resources Inc. (OTCQB: QTRRF) (TSXV: QTA) ("Quaterra" or the "Company") today announced that a 7,000 -10,000-foot core drilling program will begin during the first week of May at its MacArthur copper oxide project in the Yerington District, Nevada. Costs associated with the program will be internally funded through utilization of funds on hand and funds derived through the recent exercise of Warrants prior to their maturity date.The drill program, with an estimated time frame...

    2021-04-20 9:30 AM EDT
  • 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 EST
  • 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 EST
  • 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 EST
  • 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 EST
  • 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 9:30 AM EDT