Sedar
NEWS RELEASE
Discussions on Material Agreement Continuing
Vancouver, BC
–
March 3, 2014:
Further to its news release of February 18, 2014, Petaquilla Minerals Ltd. (the “Company”) confirms that negotiations are continuing on a material agreement. Agreement was not reached by the end of February 2014 as previously indicated but all parties are now hopeful that if the negotiations are successful it will be during March 2014. The negotiations are focusing on matters in the Petaquilla mining district in the District of Donoso, Panama.Further details shall be disclosed upon conclusion of negotiation.
If vote required matter will not be resolved until about the end of May 2014. Share price may well drop to single digits in the interim period. More news will be disclosed before the end of March. If no agreement, then no vote. Either buy on further weakness or sell and move on.....neither action has influence or affects management or company. No one really cares what you do. No plans to raise additional money from sale of stock or PP. Company may choose to stay dormant for a year or two if sufficient money obtained from FQM takes care of A/P. Similar action was taken in the past. Resume production when POG moves to new highs, sector improves, and Cobre-Panama starts up. In the meantime advance PDI to pay recurring bills. No insiders or large stockholders have sold any shares, some are accumulating while waiting. Statements to the contrary are just falsehoods from the typical uninformed sources.
