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