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Tag "quaterra-resources-inc"

Quaterra Closes Sale of Three Non-Core Assets to Freeport-McMoRan Mineral Properties Inc. for US$5 Million 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/03/14 — 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 agreement to sell the assets was an

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Quaterra Extends Option Agreements on Two Central Mexico Projects 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/22/13 — Quaterra Resources Inc. (the Company) (TSX VENTURE: QTA) (NYSE MKT: QMM), today announced the extension of option agreements covering two projects in central Mexico.The two projects are located in the highly prospective Mexican silver belt. Microondas is an epithermal gold-silver prospect in Zacatecas State, 30 miles northwest of the Fresnillo silver mine, covering over 11,000 acres (about 17 square miles). Santo Domingo is a large co

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Quaterra Announces Significant Increase of Copper Resource and Grade at the Yerington Copper Project, Nevada 0

Updated Independent Resource Estimate Expands Yerington Pit M&I contained copper by 26% including an 11% increase in grade and a 14% increase in tons

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Quaterra Provides Corporate Update and Status of NYSE Listing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/06/13 — Corporate UpdateQuaterra Resources Inc. (the Company) (TSX VENTURE: QTA) (NYSE MKT: QTM) today announced the implementation of the following key corporate initiatives from August to the end of October that have helped the Company continue on its path of asset monetization and general corporate restructuring: the receipt of $1M from the acquisition of property by Freeport-McMoran Mineral Properties Inc. (FMMP) near Butte Valley, Nevada;

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Quaterra Sells Three Properties in Central Mexico to Goldcorp and Amends Investment Framework Agreement 0

Goldcorp to retain five proprties in central Mexico under agreement with Quaterra

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Quaterra Closes Private Placement for Gross Proceeds of US$2,981,000 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/13/13 — Quaterra Resources Inc. (TSX VENTURE: QTA)(NYSE MKT: QMM) (the "Company" or "Quaterra") announced today the successful closing of its private placement offering, as previously announced on August 9, 2013 and September 5, 2013, for gross proceeds of US$2,981,000."This is a tremendous outcome for Quaterra and demonstrates the continued suppport of our shareholders as we continue with further exploration and deve

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Quaterra Announces Oversubscription of Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/05/13 — Quaterra Resources Inc. (the "Company") (TSX VENTURE: QTA)(NYSE MKT: QMM) reports that the private placement announced on August 9, 2013 has been oversubscribed. The Company now proposes to issue up to 29,810,000 units at a price of US$0.10 per unit for gross proceeds of up to US$2,981,000. Each unit will consist of one common share and one non-transferable share purchase warrant exercisable into one common share at a price

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Quaterra Announces Private Placement for Gross Proceeds of Up to US$2.5 Million 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/09/13 — Quaterra Resources Inc. (TSX VENTURE: QTA)(NYSE Amex: QMM)(NYSE MKT: QMM) (the "Company") announced today that it is seeking TSX Venture Exchange and NYSE MKT approval of a "best efforts" non-brokered private placement offering of up to 25,000,000 units at a price of US$0.10 per unit, for gross proceeds of up to US$2.5 million. Each unit will consist of one common share of the Company and one non-transferable commo

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Quaterra Provides Corporate Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/08/13 — Quaterra Resources Inc. (TSX VENTURE: QTA)(NYSE MKT: QMM) (the "Company") would like to provide an update to shareholders regarding initiatives that have recently been undertaken.Several of these initiatives have been acted upon immediately and publicly released, including the receipt of a non-dilutive cash infusion of USD$1,000,000 as announced on August 1, 2013. Additional initiatives have since been announced and the Comp

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Quaterra Announces Management and Director Changes 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/06/13 — Quaterra Resources Inc. (TSX VENTURE: QTA)(NYSE MKT: QMM) is pleased to announce several important undertakings in an effort to ensure the long-term sustainability of the Company. These initiatives include changes at the management and director level, core focus on advancing its 100% owned Yerington Copper Projects and the continued evaluation of monetizing non-core assets.Management and Director Changes:Effective immediately, the Com

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