Petaquilla Minerals Ltd. Provides Notice of Trading Suspension and Cease Trade Order
Trading Expected to Resume Next Day
Vancouver, BC - November 25, 2013: Petaquilla Minerals Ltd. ("Petaquilla" or the "Company") announces that the Toronto Stock Exchange has suspended trading of the Company's securities as a result of a Cease Trade Order ("CTO") issued on Friday, November 22, 2013, by the British Columbia Securities Commission ("BCSC").
Vancouver, BC - November 21, 2013: Petaquilla Minerals Ltd. Announces that it has negotiated and closed a non-brokered private placement of 14,285,714 Units at a price of $0.35 per Unit, raising gross proceeds of $5,000,000. The proceeds from the private placement will be used for general working capital purposes.
Petaquilla Minerals Ltd. Announces Measured & Indicated Resources of 841,000 Gold Equivalent oz. and Inferred Resources to 269,000 Gold Equivalent oz. at Palmilla Deposit - Molejon Complex
Vancouver, BC - October 9, 2013: Petaquilla Minerals Ltd. Is pleased to announce a National Instrument 43-101 ("NI 43-101") compliant In Pit Whittle Constrained measured, indicated and inferred resource for its Palmilla deposit, located on the Company’s wholly-owned Belencillo concession and associated with its Molejon gold operations in the Donoso District, Colon Province, Republic of Panama.
Petaquilla Minerals Ltd. Announces Increase in Revenue and Reduction in Cash Cost for Its Fiscal 2013
Vancouver, BC - October 8, 2013: Petaquilla Minerals Ltd. Announces its fourth quarter and annual operational and financial results. Currency is reported in United States dollars unless otherwise indicated.
Vancouver, BC - Aug 19, 2013: Petaquilla Minerals Ltd. (TSX:PTQ) ("Petaquilla" or "the "Company") advises that it has changed its financial year end from May 31 to June 30. As a result of this change, the Company will have a transitional 13-month financial year ending June 30, 2013.
Welcome to Petaquilla
Petaquilla Minerals is a gold producer that operates its wholly owned Molejon gold mine in Panama and owns exploration and development stage projects in Spain and Portugal. The Molejon mine commenced commercial production in January 2010 and has production capacity of approximately 3,500 tonnes per day. Petaquilla’s 842 square kilometre concession area is located in the Donoso District, Colon Province of Panama, 130 kilometres west of the Panama City. The Molejon mine is adjacent to First Quantum Minerals’ world-class $6.2 billion Capex Cobre Panama copper project, which is being developed by Minera Panama, S.A. (MPSA).
The Lomero-Poyatos Project is a polymetallic deposit located near Huelva in the Andalusia autonomous community of Spain in the prolific Iberian Pyrite Belt, which extends from southwestern Spain into Portugal. Lomero-Poyatos is fully permitted, with bulk sampling expected to begin in FY 2014. The company’s Portuguese gold projects, Banjas and Jales-Gralheira, are former producing mines located near the Oporto region.
Panama Development of Infrastructures, S.A. (PDI) is the wholly owned infrastructure, mining services and construction subsidiary of Petaquilla Minerals. PDI is well positioned in Panama’s infrastructure and emerging mining services sector, particularly the Cobre Panama copper project and Panamanian civil projects. PDI is currently engaged in aggregate mining and sales to MPSA with a minimum of US$75 million and up to US$100 million over three years. The company plans to spin out PDI to Petaquilla shareholders with plans to go public 12 months after the spin out.