TORONTO, ONTARIO--(Marketwire - Nov. 6, 2012) - Inmet Mining Corporation (TSX:IMN) announced today that the minimum tender condition of its final offer for all of the issued and outstanding shares of Petaquilla Minerals Ltd. was not met by the expiry time of 11:59 p.m. (Vancouver time) on November 5, 2012. Accordingly, Inmet's offer expired at such time in accordance with its terms. Inmet did not acquire any Petaquilla shares pursuant to the offer.
This press release does not constitute an offer to buy or an invitation to sell, or the solicitation of an offer to buy or invitation to sell, any of the securities of Inmet or Petaquilla.
Inmet is a Canadian-based global mining company that produces copper and zinc. We have three wholly-owned mining operations: Cayeli (Turkey), Las Cruces (Spain) and Pyhasalmi (Finland). We also have an 80 percent interest in Cobre Panama, a development property in Panama, currently in construction.
This press release is also available at www.inmetmining.com.