Quaterra Resources Inc. ("Quaterra" or the "Company") (TSX VENTURE:QTA)(NYSE
MKT:QMM) 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. Quaterra's 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 Company's 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. (TSX VENTURE:QTA)(NYSE MKT:QMM) is a junior exploration
and development company with a successful track record of making significant
mineral discoveries in North America. The Company's 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.

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


FOR FURTHER 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

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