Last post guys. Had it in Spanish since noon!
2012-11-02 15:17 ET - News Release
Mr. Joao Manuel reports
PETAQUILLA WAIVES SHAREHOLDER RIGHTS PLAN WITH RESPECT TO INMET OFFER
Petaquilla Minerals Ltd., in response to the decision issued by the British Columbia Securities Commission on Oct. 31, 2012, has waived the application of its shareholder rights plan dated March 7, 2006, to the offer by Inmet Mining Corp. to acquire all of the company's outstanding common shares that was commenced on Sept. 28, 2012, and subsequently varied on Oct. 26, 2012.
As previously announced, in response to an application by Inmet, on Oct. 31, 2012, the BCSC rendered a decision that, subject to the company waiving the application of the rights plan to the offer, it would issue an order having that effect at 1:30 p.m. PDT on Friday, Nov. 2, 2012. Accordingly, the company's board of directors has waived the application of the rights plan with respect to the offer.
Shareholders should contact CST Phoenix Advisors, the information agent retained by Petaquilla, with any questions or requests for assistance, by telephone at 1-800-332-6309 (North American toll-free number) or 1-201-806-2222 or by e-mail. Further, Petaquilla shareholders are encouraged to regularly visit the company's website for current information.
AI
