Quaterra Resources Inc.: Quaterra Announces Resignation of President and CEO
Vancouver, British Columbia (Newsfile Corp. - February 2, 2021) - Quaterra Resources Inc. (OTCQB: QTRRF) (TSXV: QTA) ( Quaterra or the Company ) today announced that Gerald Prosalendis has, for personal reasons, resigned as President and CEO and as a director of the Company. Dr. Thomas Patton, Chairman and Founder of the Company, will assume the role of interim President and CEO of the Company. We would like to thank Gerald for his leadership during difficult market conditions and the progress the Company has made with its projects in a complex strategic and operating environment, says Quaterra Chairman Tom Patton.
Quaterra Resources Inc.: Quaterra Private Placement Withdrawn, Subscriptions Returned
(TSXV: QTA) (OTCQB: QTRRF) (
Quaterra or the
Company ) today announced that due to COVID-19 and general market conditions, the company has withdrawn its previously reported Private Placement. All subscriptions to the offering will be returned.
About Quaterra Resources Inc.
Quaterra Resources Inc. is a copper-gold exploration company focused on projects with the potential to host large-scale mineral deposits attractive to major mining companies. It is advancing its Yerington copper project in the historic Yerington Copper District, Nevada. It continues to investigate opportunities to acquire prospects in North America on reasonable terms and the partnerships with which to advance them.