UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of JANUARY, 2014
Commission File Number: 1-33965
QUATERRA RESOURCES INC.
(Translation of registrant's name into English)
1100-1199 West Hastings Street
Vancouver, BC V6E 3T5 Canada
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
[ x ] Form 20-F [ ] Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ]
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ]
SUBMITTED HEREWITH
Exhibits
99.1 | News Release dated January 27, 2014 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
QUATERRA RESOURCES INC. | ||
(Registrant) | ||
Date: January 27, 2014 | By: | /s/ Scott B. Hean |
Scott B. Hean | ||
Title: | Chief Financial Officer |
Exhibit 99.1
January 27, 2014 |
QMM: NYSE MKT |
QTA: TSX VENTURE |
NR-04-14 |
QUATERRA FILES FOR VOLUNTARY DELISTING FROM NYSE WITH THE
SEC,
LAST TRADING DAY IS FEBRUARY 6
Quotation of common shares to transfer to OTC Marketplace and trading will continue on TSX Venture Exchange
VANCOUVER, B.C.Quaterra Resources Inc. (Quaterra or the Company) today announced that is has filed a Form 25 with the Securities Exchange Commission (SEC) notifying of its intention to voluntarily withdraw its common stock from listing on the NYSE MKT. Quaterras shares will be removed from the NYSE before open of market on February 7, 2014. The last day trading on the NYSE will be February 6, 2014.
On January 17, 2014, Quaterra announced its intention to voluntarily delist from the NYSE MKT. Immediately after delisting from NYSE MKT the Companys common shares will be traded on the OTC quotation system. A new trading symbol will be allocated on the first day of trading on the OTC.
The delisting of the Shares from the NYSE MKT will not affect the listing of the Shares on the TSX Venture Exchange and the shares will continue to trade on the TSXV after the NYSE MKT delisting becomes effective. Quaterra will comply with, and continue to be subject to, the federal laws of Canada, the jurisdiction in which Quaterra is incorporated, as well as Canadian securities laws and corporate governance rules applicable to Canadian publicly listed companies, including the rules of the TSXV. It will continue to file reports with the SEC.
About Quaterra Resources, Inc.
Quaterra Resources Inc. (NYSE-MKT: QMM; TSX-V: QTA) is a junior
exploration and development company with a successful track record of making
significant mineral discoveries in North America. The Companys primary
objective is the advancement of its flagship projects in the Yerington copper
district, Nevada. The monetization of non-core assets is in progress to
accelerate this effort.
On behalf of the Board of Directors,
Mr. Scott Hean, CFO
Quaterra Resources Inc.
For more information please contact:
Mr. Scott Hean, CFO
Quaterra Resources Inc.
(604) 641-2747
For information on trading Quaterra stock on the OTC please contact:
Christopher Thunen
Scarsdale Equities LLC
(415) 975-4305
Disclosure note:
Some statements contained in this news release are forward-looking statements within the safe harbor of the Private Securities Litigation Reform Act of 1995. These statements generally are identified by words such as the Company "believes", "expects", and similar language, or convey estimates and statements that describe the Company's future plans, objectives or goals. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Further information regarding risks and uncertainties which may cause results to differ materially from those projected in forward-looking statements, are included in filings by the Company with securities regulatory authorities. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date thereof. The Company does not undertake to update any forward-looking statement that may be made from time to time except in accordance with applicable securities laws. References may be made in this press release to historic mineral resource estimates. None of these are NI 43-101 compliant and a qualified person has not done sufficient work to classify these historic estimates as a current mineral resource. They should not be relied upon and Quaterra does not treat them as current mineral resources.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Should you wish to receive news releases by fax please provide your contact details to Quaterra at 604-681-9059 (direct), 1-855-681-9059 (toll free) or email info@quaterra.com