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

Agosto 9, 2013 admin 0

Internacional (Marketwired, 09 de Agosto de 2013) 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 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. 

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