Questerre Energy Corp QEC.TO :
* QUESTERRE ANNOUNCES PROPOSED PRIVATE PLACEMENT
* QUESTERRE ENERGY CORP - PRIVATE PLACEMENT WILL CONSIST OF ISSUANCE OF UP TO 38.9 MILLION COMMON SHARES OF COMPANY
* QUESTERRE - TO USE NET PROCEEDS FROM PRIVATE PLACEMENT TO STRENGTHEN WORKING CAPITAL, PARTIALLY FINANCE ONGOING MONTNEY CAPITAL PROGRAM