SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (4381)10/23/2001 5:11:59 PM
From: Al Collard  Read Replies (1) | Respond to of 11802
 
Red, news out on your pick QTA-v:

Quaterra arranges $100,000 financing

Tue 23 Oct 2001

News Release

Mr. Thomas Patton reports

Quaterra Resources has arranged a private placement for total proceeds of
$100,000. The first portion of the placement will consist of 350,000 units
at 20 cents for a total $70,000. Each unit will consist of one common share
and a full warrant to purchase an additional common share at 25 cents in
the first year and at 30 cents in the second year. The second portion of
the placement will consist of 150,000 units at 20 cents for a total
$30,000. Each unit will consist of one flow-through share and a full
warrant to purchase an additional flow-through share for 25 cents in the
first year and 30 cents in the second year. A finder's fee may be payable
on a portion of the financing, all of which is subject to regulatory
approval.