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To: Goose94 who wrote (62)10/17/2012 5:53:24 PM
From: Goose94Respond to of 202401
 
QTA-V bucking the trend, moving northwards... Increase of price and volume.



To: Goose94 who wrote (62)8/1/2013 11:28:15 AM
From: Goose94Read Replies (1) | Respond to of 202401
 
Quaterra Resources (QTA-V) receives $1-million (U.S.) from Freeport

Aug 1st, 2013 - News Release

Freeport-McMoRan Mineral Properties Inc. (FMMP) has paid Quaterra Resources Inc. $1-million (U.S.) based on the acquisition of certain designated properties near Butte Valley, Nev. "We are pleased in these challenging market times to receive a $1-million (U.S.) cash payment, with no dilution, that will be used to continue work on the company's district-scale, 100-per-cent-owned Yerington copper project as well as general and administrative purposes. Quaterra retains upside through its right, if FMMP completes a positive feasibility study, to elect to acquire either a 30-per-cent working interest in the project or a 2-per-cent NSR royalty," said Dr. Tom Patton, president and chief executive officer of Quaterra.

Butte Valley is a large, partially explored porphyry copper system located in eastern Nevada about 40 miles north of Ely in north-central White Pine county.

The company will continue to focus on monetizing non-core assets and making other positive changes to increase the efficiency of its operations.

We seek Safe Harbor.