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 [...]
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 [...]
Quaterra Resources Inc. announces that on July 23, 2021 it received notice from the State of Nevada that the State has not approved extensions of three water rights permits purchased by its subsidiary, Singatse Peak Services, LLC in 2011. The State also advised that a fourth permit would not be extended after a period of an additional year. Prior [...]
Quaterra Resources Inc. is pleased to announce that all resolutions set out in the Company's notice of meeting and information circular were passed by shareholders at the Company's Annual General Meeting held on June 17, 2021. A total of 80,209,430 common shares were represented at the meeting representing 35.94% of the Company's outstanding common [...]
Quaterra Resources Inc. 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 [...]
Quaterra Resources Inc. 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 [...]
Quaterra Resources Inc. 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 [...]
Quaterra Resources Inc. today announced its wholly-owned subsidiary Singatse Peak Services LLC 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 , a Yerington-based company involved in agriculture in the district, for US$2.91 [...]
Quaterra Resources Inc. 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 [...]
Quaterra Resources Inc. 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 with the potential to host [...]
Quaterra Resources Inc. 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 [...]
Quaterra Resources Inc. 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 [...]
