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Inmet Mining Corp Makes Final Offer To Petaquilla Minerals Ltd's Shareholders


Wednesday, 24 Oct 2012 08:36pm EDT 

Inmet Mining Corp announced that it is adjusting offer to acquire all of the common shares of Petaquilla Minerals Ltd. Under the adjusted offer, Petaquilla shareholders can elect to receive: 0.0118 of a common share of Inmet and $0.001 in cash; or a cash amount that is greater than $0.001 but not more than $0.60, and, if such elected cash amount is less than $0.60, that number of common shares of Inmet equal to the excess of $0.60 over the elected cash amount, divided by $50.82. The offer is open for acceptance until 11:59 p.m. (Vancouver time) on November 5, 2012, unless extended or withdrawn. 

Company Quote

0.095
-0.0019 -1.96%
11 Jul 2014