Inmet Mining Announces 37% Premium Offer for Petaquilla Minerals Ltd.
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TORONTO, CANADA -- (Marketwire) -- 09/05/12 -- Inmet Mining Corporation (TSX:IMN) ("Inmet") today announced that it intends to make an offer ("Offer") to acquire all of the outstanding common shares of Petaquilla Minerals Ltd. ("Petaquilla"). Inmet is prepared to offer C
.48 in cash or .0109 Inmet shares for each Petaquilla common share (or a combination thereof) implying a total equity purchase price of approximately C$112 million. Subject to Petaquilla's cooperation through a transaction supported by Petaquilla's Board, in addition to the above consideration, Inmet would permit Petaquilla to proceed with a spin-out (the "Spin-out") of Petaquilla's assets in Spain (the "Lomero-Poyatos Assets") to Petaquilla shareholders.
Inmet Mining Announces 37% Premium Offer for Petaquilla Minerals Ltd.
Inmet Mining Announces 37% Premium Offer for Petaquilla Minerals Ltd.
https://at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid=0816978001&sourceType=1https://www.ccnmatthews.com/logos/20100114-inmet200.jpg
TORONTO, CANADA -- (Marketwire) -- 09/05/12 -- Inmet Mining Corporation (TSX:IMN) ("Inmet") today announced that it intends to make an offer ("Offer") to acquire all of the outstanding common shares of Petaquilla Minerals Ltd. ("Petaquilla"). Inmet is prepared to offer C
.48 in cash or .0109 Inmet shares for each Petaquilla common share (or a combination thereof) implying a total equity purchase price of approximately C$112 million. Subject to Petaquilla's cooperation through a transaction supported by Petaquilla's Board, in addition to the above consideration, Inmet would permit Petaquilla to proceed with a spin-out (the "Spin-out") of Petaquilla's assets in Spain (the "Lomero-Poyatos Assets") to Petaquilla shareholders.
Inmet Mining Announces 37% Premium Offer for Petaquilla Minerals Ltd.
Inmet Mining Announces 37% Premium Offer for Petaquilla Minerals Ltd.
https://at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid=0816978001&sourceType=1https://www.ccnmatthews.com/logos/20100114-inmet200.jpg
TORONTO, CANADA -- (Marketwire) -- 09/05/12 -- Inmet Mining Corporation (TSX:IMN) ("Inmet") today announced that it intends to make an offer ("Offer") to acquire all of the outstanding common shares of Petaquilla Minerals Ltd. ("Petaquilla"). Inmet is prepared to offer C
.48 in cash or .0109 Inmet shares for each Petaquilla common share (or a combination thereof) implying a total equity purchase price of approximately C$112 million. Subject to Petaquilla's cooperation through a transaction supported by Petaquilla's Board, in addition to the above consideration, Inmet would permit Petaquilla to proceed with a spin-out (the "Spin-out") of Petaquilla's assets in Spain (the "Lomero-Poyatos Assets") to Petaquilla shareholders.
Inmet Mining Announces 37% Premium Offer for Petaquilla Minerals Ltd.
Inmet Mining Announces 37% Premium Offer for Petaquilla Minerals Ltd.
https://at.marketwire.com/accesstracking/AccessTrackingLogServlet?docid=0816978001&sourceType=1https://www.ccnmatthews.com/logos/20100114-inmet200.jpg
TORONTO, CANADA -- (Marketwire) -- 09/05/12 -- Inmet Mining Corporation (TSX:IMN) ("Inmet") today announced that it intends to make an offer ("Offer") to acquire all of the outstanding common shares of Petaquilla Minerals Ltd. ("Petaquilla"). Inmet is prepared to offer C
.48 in cash or .0109 Inmet shares for each Petaquilla common share (or a combination thereof) implying a total equity purchase price of approximately C$112 million. Subject to Petaquilla's cooperation through a transaction supported by Petaquilla's Board, in addition to the above consideration, Inmet would permit Petaquilla to proceed with a spin-out (the "Spin-out") of Petaquilla's assets in Spain (the "Lomero-Poyatos Assets") to Petaquilla shareholders.