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...
2020-07-28 8:00 AM EDT
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...
2020-07-09 12:33 PM EDT
Quaterra Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2020) - 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 30, 2020. PricewaterhouseCoopers LLP, Chartered Professional Accountants were re-appointed as auditors of the Company for the ensuing year and shareholders approved the Company's 2020 10% rolling stock...
2020-06-30 5:17 PM EDT
Quaterra Files Technical Report on Groundhog Copper-Gold Prospect, Alaska
Vancouver, British Columbia--(Newsfile Corp. - May 26, 2020) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra" or the "Company") today announced it has filed an independent technical report on the exploration and prospects of the Groundhog copper-gold prospect, a 54,880-acre property situated on an established copper-gold porphyry belt 300 kilometers southwest of Anchorage, Alaska. The report ("Technical Report on the Groundhog Project", dated May 13, 2020) was prepared by...
2020-05-26 7:02 AM EDT
Quaterra Resources Inc. President's Year-End Letter to Shareholders
Vancouver, British Columbia--(Newsfile Corp. - May 19, 2020) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF), is pleased to release the following corporate update in the form of an open letter from CEO Gerald Prosalendis to all stakeholders: Dear Fellow Shareholders It has been just over a year since my previous letter to you all. Since then we have been active and have made considerable progress on a number of fronts. As things stand today, I am happy to report that we are in a...
2020-05-19 8:30 AM EDT
Quaterra Announces Results of 2019 Exploration Program at Groundhog Copper-gold Prospect, Alaska
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2020) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) ("Quaterra" or the "Company") and Chuchuna Minerals Company ("Chuchuna") today announced the results of the 2019 geophysical and geologic exploration program conducted at the Groundhog copper-gold prospect, a 54,880-acre property situated on an established copper-gold porphyry belt 300 kilometers southwest of Anchorage, Alaska. During August and September 2019, Geotech of...
2020-01-09 8:00 AM EST
Quaterra Enters Into Agreements to Sell Certain Yerington Water Rights for US$1.88 Million
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) today announced its wholly-owned subsidiary Singatse Peak Services LLC ("SPS") has entered into two separate purchase and sale agreements to sell certain primary ground water rights associated with its copper property in Yerington, Nevada, to Desert Pearl Farms, LLC and Desert Hills Dairy, LLC, two unrelated limited liability companies based in Yerington, for US$1.88 million....
2019-12-19 8:00 AM EST
Quaterra Announces Option Agreements to Acquire Butte Valley Porphyry Copper-Gold Prospect, Nevada
Vancouver, British Columbia--(Newsfile Corp. - December 10, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) today announced that its wholly-owned subsidiary, Six Mile Mining Company, has signed two option agreements providing it with the right to purchase a 100% interest in 678 unpatented mining claims associated with the Butte Valley prospect, a large, partially explored porphyry copper-gold system located in eastern Nevada about 40 miles north of Ely in north-central White Pine...
2019-12-10 8:00 AM EST
Quaterra Resources Announces Extension to Convertible Debenture
Vancouver, British Columbia--(Newsfile Corp. - December 9, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB: QTRRF) (the "
2019-12-09 5:00 AM EST
Quaterra Releases Sequential Assay Results at MacArthur
Vancouver, British Columbia--(Newsfile Corp. - October 21, 2019) - Quaterra Resources Inc. (TSXV: QTA) (OTCQB : QTRRF) today announced the results of sequential copper analysis at its MacArthur open-pit, oxide-leach copper project 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. Sequential copper analysis ("Seq-Cu") is a semi-quantitative technique to determine...
2019-10-21 8:00 AM EDT
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