QUATERRA RESOURCES INC | CIK:0001339688 | 3

  • Filed: 3/29/2018
  • Entity registrant name: QUATERRA RESOURCES INC (CIK: 0001339688)
  • Generator: Compliance Xpressware
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1339688/000106299318001416/0001062993-18-001416-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1339688/000106299318001416/qtrrf-20171231.xml
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    • ifrs-full:DisclosureOfCommitmentsAndContingentLiabilitiesExplanatory

    12.

    COMMITMENTS

    To acquire certain mineral property interests in Nevada (Note 4), the Company must make optional acquisition expenditures in order to satisfy the terms of existing option agreements, failing which the rights to such mineral properties will revert back to the property vendors.