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Inmet Mining Corp.
TORONTO IMN.TO 67,59 CA$ -8,67%
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Reiterates Intention to Make Offer to Acquire Petaquilla Minerals

Publié le 20 septembre 2012

Published : September 20, 2012

TORONTO, CANADA--(Marketwire - Sept. 20, 2012) - Inmet Mining Corporation (News - Market indicators) today reiterated its intention to make an offer (the "Offer") to acquire all of the outstanding common shares of Petaquilla Minerals Limited (Petaquilla Minerals) as announced on September 5, 2012. 

Inmet notes that in an announcement yesterday Petaquilla Minerals indicated it is proceeding with a proposed offering on a private placement basis of US$210 million aggregate principal amount of senior secured notes due 2017. Inmet's intention to make the Offer is subject to a number of conditions including that Petaquilla Minerals not complete the proposed US$210 million or other debt or equity financings. 

Inmet anticipates that its formal offer to acquire Petaquilla Minerals will be mailed to Petaquilla Minerals' shareholders within the next two weeks.

About Inmet

Inmet Mining Corporation is a Canadian-based global mining company that produces copper and zinc. Inmet has three mining operations: Çayeli (Turkey), Las Cruces (Spain) and Pyhäsalmi (Finland), and an 80 percent interest in the Cobre Panama development project, currently in construction.



Inmet Mining Corporation
Flora Wood
Director, Investor Relations
+1 416 361 4808
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