QTA Quaterra Resources Inc

Quaterra Resources Inc. (the "Company") (TSX VENTURE:QTA)(NYSE MKT:QMM) reports
that the private placement announced on August 9, 2013 has been oversubscribed.
The Company now proposes to issue up to 29,810,000 units at a price of US$0.10
per unit for gross proceeds of up to US$2,981,000. Each unit will consist of one
common share and one non-transferable 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. 


Net proceeds from the private placement will be used to advance the Company's
Yerington District copper properties and for general corporate purposes.
Securities issued will be subject to a four-month plus one day hold period from
the closing date. Cash finder's fees may be payable with respect to the
subscriptions accepted by the Company. The private placement is subject to
approval of the TSX Venture Exchange and the NSYE MKT Exchange.


Quaterra Resources Inc. (TSX VENTURE:QTA)(NYSE MKT:QMM) is a junior exploration
company focused on making significant mineral discoveries in North America. The
Company uses in-house expertise and its network of consultants, prospectors and
industry contacts to identify, acquire and evaluate prospects in mining-friendly
jurisdictions with the potential to host large and/or high-grade base and
precious metal deposits. 


On behalf of the Board of Directors,

Mr. Steven Dischler, President and CEO

Quaterra Resources Inc.

Neither the TSX Venture Exchange, its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange), nor the NYSE MKT
Exchange accepts responsibility for the adequacy or accuracy of this news
release.


This press release, required by applicable Canadian laws, does not constitute an
offer of the securities described herein. These securities offered have not been
and will not be registered under the United States Securities Act of 1933, as
amended, or any state securities laws, and may not be offered or sold in the
United States or to U.S. persons unless registered or exempt from registration
requirements. 


Some statements contained in this news release are forward-looking statements
within the safe harbor of the United States 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Quaterra Resources Inc.
Scott Hean
CFO
604-641-2747
shean@quaterra.com
www.quaterra.com

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