On July 28, 2008, Inmet Mining Corporation announced that it had filed the formal offer for all of the outstanding common shares of Petaquilla Copper Ltd. (PTC-TSX) with Canadian securities regulators and has mailed the offer and related documents to Petaquilla Copper shareholders. Under the offer, Petaquilla Copper shareholders received Cdn. $2.20 per share in cash. The offer expired on September 19, 2008. As a result of the offer, Inmet acquired 163,116,924 common shares of Petaquilla Copper, representing approximately 94.9 percent of Petaquilla Copper issued and outstanding shares.
In late November 2008, shareholder and final court approvals were obtained for a plan of arrangement under which Inmet acquired the remaining shares of Petaquilla Copper not owned by it for the same Cdn. $2.20 per share in cash as the offer. In addition under the plan of arrangement each option or warrant of Petaquilla Copper ceased to represent a right to acquire common shares or any other securities of Petaquilla Copper and instead represents a right to receive the in-the –money amount of such option or warrant, if any.
Petaquilla Copper shareholders who have not yet delivered their share certificates and a letter of transmittal to Computershare Investor Services Inc. at its Toronto, Ontario office must do so in order to receive payment for their shares. Computershare can be contacted for further information toll-free at 1-800-564-6253 or by email at corporateactions@computershare.com.
Related Documents:
Plan of Arrangement
Letter of Transmittal
Proxy
Voting Instruction Form
Offer and Take-over Bid Circular
Letter of Transmittal
Notice of Guaranteed Delivery