Quaterra Resources Inc. is providing an update to its previously announced proposed corporate name change to Lion Copper and Gold Corp. The Company has been informed by the TSX Venture Exchange that the common shares will commence trading under the new name at open of trading on Tuesday, November 23, 2021 instead of Monday, November 22, 2021. At that time the new trading symbol will be "LEO" on the TSX Venture Exchange [...]
Quaterra Resources Inc. is pleased to announce that it will be changing its corporate name to Lion Copper and Gold Corp. The shares of the Company will commence trading under the new name at open of trading on Monday, November 22, 2021 under the trading symbol "LEO" on the TSX Venture Exchange and "LCGMF" on the OTCQB. Travis Naugle, CEO, shares, "With growing assets in the highly prospective regions east of the Golden [...]
Quaterra Resources Inc. announces that, further to its news release dated October 21, 2021 it has completed the debt settlement by issuing 403,665 common shares of the Company at a deemed price of $0.0825 per share. The total amount settled was $33,302.42, and the price per share originally announced was adjusted from $0.075 to $0.0825. The common shares issued in connection with the debt settlement is subject to a [...]
Quaterra Resources Inc. is pleased to announce that it has selected NewFields Companies LLC to lead environmental permitting efforts for the MacArthur oxide copper project . NewFields is a leading global environmental engineering and construction management firm with expertise in natural resource and development projects, specifically in Nevada. The Company has also selected EM Strategies to complete the baseline [...]
Quaterra Resources Inc. is pleased to announce the appointment of Mr. David Harvey, CPG as Vice President of Exploration for the Company. Mr. Harvey is a Nevada-based professional mineral geologist with over 35 years of experience in senior level exploration, mineral resource and reserve development programs with domestic and international assignments. Mr. Harvey is an AIPG Certified Professional Geologist and holds a MSc [...]
Quaterra Resources Inc. is pleased to announce that it has awarded McClelland Laboratories, Inc. a key contract to support the advancement of the MacArthur oxide copper project. McClelland has been appointed to complete the metallurgical testing program of the 12 ton representative sample collected in the 2021 drilling campaign . McClelland will perform variability testing on fifteen leach columns through Q2 2022 in order [...]
Quaterra Resources Inc. the "Company") is pleased to announce that it has completed an oversubscribed third and final tranche of its previously announced non-brokered private placement . Proceeds will be used to advance the Company's assets, primarily its MacArthur copper oxide project in Nevada, and general working capital. Pursuant to the closing of the third tranche, the Company has issued 29,832,834 units at a price [...]
Quaterra Resources Inc. is pleased to announce due to ongoing strong demand it has again increased the amount being offered pursuant to its previously announced private placement to up to 66,666,666 units at a price of US$0.06 per Unit for gross proceeds of up to US$4,000,000 . The Company has raised US$2,338,170 in the first and second tranches of the Private Placement, and will seek to complete a third tranche closing [...]
Quaterra Resources Inc. today announced positive results from a ten-hole core drilling program totaling 5,147 feet that was recently completed. The ten-hole program was designed to assess the likelihood that further drilling would upgrade portions of the resource from Inferred to Indicated and expand the overall size of the current resource. Mr. Travis Naugle, CEO states, "We believe that additional drilling could [...]
Quaterra Resources Inc. is pleased to announce that it has completed an oversubscribed second tranche of its previously announced non-brokered private placement . Stephen Goodman, President states that, "The Company appreciates the support of existing shareholders and insiders, and welcomes our new investors." Proceeds will be used to advance the company's assets, primarily its MacArthur copper oxide project in Nevada [...]
Quaterra Resources Inc. is pleased to announce that it has completed the first tranche of its previously announced non-brokered private placement . Pursuant to the first tranche, the Company has issued 26,105,833 units at a price of US$0.06 per Unit for gross proceeds of US$1,566,350 . Each Unit consists of one common share of the Company and one share purchase warrant . Each Warrant entitles the holder to acquire one [...]
Quaterra Resources Inc. is pleased to announce the appointment of Mr. Nicholas Lewallen, P.E. as Director of Projects for the Company. Mr. Lewallen is a projects and construction professional with extensive experience advancing mining projects through to production in both domestic and international jurisdictions. Mr. Lewallen is a licensed Professional Engineer and holds a civil engineering degree from the University of [...]