• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login

    Investing News NetworkYour trusted source for investing success

    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks

    Quaterra Announced Private Placement for US$2.5 Million

    Vivien Diniz
    Aug. 09, 2013 10:33AM PST
    Base Metals Investing
    TSXV:QTA

    Quaterra Resources Inc. (TSXV:QTA) 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.

    Quaterra Resources Inc. (TSXV:QTA) 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.

    According to the press release:

    Each unit will consist of one common share of the Company and one non-transferable common share purchase warrant exercisable into one common share at a price of US$0.15 for a period of 3 years from the date of closing. The private placement is expected to close on or about August 28, 2013, subject to finalization of subscription agreements and receipt of regulatory approval.

    CEO Steven Dischler stated:

    This modest equity offering allows the Company to continue optimizing our assets while we evaluate alternatives to further explore and develop our Yerington projects into a world-class copper district. We evaluated several alternatives and felt this private placement was in the best interest of our Company at this time. We will also continue with our plans to monetize non-core assets as a source of organic funds to advance Yerington.

    Click here to view the full press release. 

     

    QTA:CA
    tsxv:qtaprivate placement
    The Conversation (0)
    Go Deeper
    AI Powered
    Purepoint Uranium Closes First Tranche of Private Placement

    Purepoint Uranium Closes First Tranche of Private Placement

    May 2013 Stock Catalysts

    Latest News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Stocks

    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×