Company to Focus on Advancing Its Yerington Copper Assets VANCOUVER, BC--(Marketwired - March 31, 2015) - Quaterra Resources Inc. (TSX VENTURE: QTA) (OTCQX: QTRRF) continues to focus its attention on its 100%-owned Yerington copper district assets. Non-Yerington assets of the Company have been sold with the proceeds to be used in support of the Yerington District as reported in the Company's December 31, 2014, year-end [...]
VANCOUVER, BC--(Marketwired - March 27, 2015) - Quaterra Resources Inc. (TSX VENTURE: QTA) (OTCQX: QTRRF)Â today announced that Terry Eyton has been appointed to the Company's Board of Directors. "We welcome Mr. Eyton to Quaterra's Board," says Quaterra Chairman Thomas Patton. "Mr. Eyton's professional career encompasses a depth in financial, regulatory and compliance matters across many sectors including mining. We [...]
VANCOUVER, BC--(Marketwired - December 31, 2014) - Quaterra Resources Inc. (OTCQX: QTRRF) (TSX VENTURE: QTA) announces the grant of 1,000,000 stock options to certain officers of the Company pursuant to the Company's stock option plan. The options may be exercised at a price of $0.05 per share for a five-year period. The Company has also not extended the contract with Eugene Spiering as Vice President Exploration [...]
Quaterra Resources today announced that it has entered into an agreement to sell its 50% interest in the Nieves silver property in Zacatecas State, Mexico, to joint-venture partner Blackberry Ventures I, for US$4 million. Under the terms of the agreement, Quaterra will receive four payments over 15 months of US$1.0 million each, with each payment earning Blackberry an additional 12.5% interest in the project. All costs [...]
VANCOUVER, BC--(Marketwired - October 09, 2014) - Dear Quaterra Followers,I feel the time is right for me to update you on how the plan we laid out last October for Quaterra (TSX VENTURE: QTA) (OTCQX: QTRRF) is unfolding. In my previous letter, I mentioned our efforts in the upcoming year would be focused on cutting costs, stabilizing our financial position and rationalizing our portfolio of mineral assets. I am pleased [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 3, 2014) - Quaterra Resources Inc. (TSX VENTURE:QTA)(OTCQX:QTRRF) ("Quaterra" or the "Company") today announced it has closed the transaction selling its US subsidiaries' interest in three non-core copper and molybdenum assets to Freeport-McMoRan Mineral Properties Inc. ("Freeport") for US$5 million (the "Purchase Price"), to be paid in tranches as described below. An [...]
Transaction will provide working capital and opportunity to focus on Yerington copper district VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 11, 2014) - Quaterra Resources Inc. ("Quaterra" or the "Company") (OTCQX:QTRRF)(TSX VENTURE:QTA) today announced it has entered into an Agreement to sell its US subsidiaries' interest in three non-core copper and molybdenum assets to Freeport-McMoRan Mineral Properties Inc [...]
Quaterra Resources' recently announced Membership Interest Option Agreement covering the Yerington, Nevada Copper District with Freeport-McMoRan Nevada LLC an indirect subsidiary of Freeport-McMoRan deserves a closer look, because there are many reasons to be optimistic about copper in general and Quaterra in particular. Merely finding copper is no longer a guaranteed path to a profitable mine. Resource nationalism and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 28, 2014) - Quaterra Resources Inc. (the "Company") (TSX VENTURE:QTA)(OTCQX:QTRRF) announces that it has received the written consent of all Warrant holders to amend the terms of outstanding Warrants and has accordingly amended the exercise price of 6,541,571 share purchase warrants (the "Warrants") from US$0.53 to US$0.16. The expiration date of the Warrants will remain [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 3, 2014) - Quaterra Resources Inc. ("Quaterra" or "the Company") (TSX VENTURE:QTA)(OTCQX:QTRRF) today announced that it has closed the previously announced non-brokered private placement of up to US$500,000 of units (the "Units"), each Unit priced at US$1,000 and comprised of one Non-Transferable Convertible Redeemable US$1,000 Principal Amount Promissory Note (the "Notes [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 26, 2014) - Quaterra Resources Inc. ("Quaterra" or "the Company") (TSX VENTURE:QTA)(OTCQX:QTRRF) today announced that all resolutions were passed by the requisite majority at its annual general meeting held in Vancouver, British Columbia on June 25, 2014. Smythe Ratcliffe, Chartered Accountants were re-appointed as auditors of the Company for the ensuing year and [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 19, 2014) - Quaterra Resources Inc. ("Quaterra" or "the Company") (TSX VENTURE:QTA)(OTCQX:QTRRF) today announced that it is seeking TSX Venture Exchange ("TSX-V") approval for a non-brokered private placement of up to US$500,000 of units (the "Units"), each Unit comprised of Non-Transferable Convertible Redeemable US$1,000 Principal Amount Promissory Notes (the "Notes") and [...]