Quaterra Resources Inc. and Chuchuna Minerals Company today announced that Geotech of Ontario, Canada, has commenced a 1,500 line kilometer ZTEM geophysical survey over their Groundhog copper-gold prospect, a 40,000-acre property situated on an established copper-gold porphyry belt 300 kilometers southwest of Anchorage, Alaska. Chuchuna has also [...]
Quaterra Resources Inc. 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 [...]
Critical milestone in de-risking the Yerington Copper Project with ARC committing to funding and work plan Quaterra Resources Inc. today announced its wholly-owned subsidiary Singatse Peak Services LLC has entered into a master agreement with Atlantic Richfield Company as part of a state-regulated, privately-funded solution to long-standing [...]
Consolidating a key strategic position in Nevada's emerging Yerington Copper District Quaterra Resources Inc. 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 [...]
Provides Insight into Corporate Strategy and Outlook Quaterra Resources Inc. 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 [...]
Quaterra Resources Inc. today announced its wholly-owned subsidiary Singatse Peak Services LLC 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 [...]
Quaterra Resources Inc. 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 [...]
Quaterra Resources Inc. 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 [...]
Quaterra Resources Inc. 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 [...]
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 [...]
Quaterra Resources Inc. 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 [...]
Quaterra Resources Inc. today announced a proposed private placement of secured 10% convertible debentures of the Company for gross proceeds of up to US$1 million . 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 interest [...]
