VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/03/11 -- Quaterra Resources Inc. (TSX VENTURE: QTA)(NYSE Amex: QMM) today announced that holders of 8,994,206 Warrants have exercised their Warrants to purchase 8,994,206 common shares of the Company at a price of $0.75 per share for proceeds to the Company of $6,745,654.50. The remaining 630,000
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