Last C$0.03 CAD
Change Today 0.00 / 0.00%
Volume 0.0
PTQ On Other Exchanges
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As of 3:56 PM 12/30/14 All times are local (Market data is delayed by at least 15 minutes).

petaquilla minerals ltd (PTQ) Snapshot

Open
C$0.03
Previous Close
C$0.03
Day High
C$0.03
Day Low
C$0.03
52 Week High
01/29/14 - C$0.32
52 Week Low
12/12/14 - C$0.02
Market Cap
5.9M
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
236.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for PETAQUILLA MINERALS LTD (PTQ)

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petaquilla minerals ltd (PTQ) Details

Petaquilla Minerals Ltd., through its subsidiaries, is engaged in the acquisition, exploration, exploration management, and sale of mineral properties in the Republic of Panama. It primarily holds a 100% interest in the Molejon gold project located in the Donoso district, Province of Colon, as well as holds exploration properties in the Iberian Pyrite Belt. The company was formerly known as Adrian Resources Ltd. and changed its name to Petaquilla Minerals Ltd. in October 2004. Petaquilla Minerals Ltd. was founded in 1985 and is headquartered in Vancouver, Canada.

Founded in 1985

petaquilla minerals ltd (PTQ) Top Compensated Officers

Chief Executive Officer, Chief Executive Offi...
Total Annual Compensation: C$520.0K
President
Total Annual Compensation: $215.0K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $224.0K
Chief Operating Officer
Total Annual Compensation: $130.0K
Executive Chairman, Chief Executive Officer o...
Total Annual Compensation: $976.0K
Compensation as of Fiscal Year 2013.

petaquilla minerals ltd (PTQ) Key Developments

TSX Reviews Common Shares Of Petaquilla Minerals With Respect To Meeting The Continued Listing Requirements

TSX is reviewing the common shares of Petaquilla Minerals Ltd. with respect to meeting the continued listing requirements. The Company has been granted 60 days in which to regain compliance with these requirements, pursuant to the Remedial Review Process.

Petaquilla Minerals Ltd. Announces Change in Financial Year End from June 30 to July 31

Petaquilla Minerals Ltd. announced that it has changed its financial year-end from June 30 to July 31. As a result of this change, the company will have a transitional 13-month financial year ending July 31, 2014. The change in the financial year end results from a longer than expected completion of an agreement executed by the company in May 2014.

Petaquilla Minerals Ltd. Announces Bridge Loan; Board Changes

Petaquilla Minerals Ltd. announced that it has arranged a bridge loan of USD 18 million, which is expected to close within the next few days, to provide funding for general corporate and working capital purposes. The Bridge Loan represents interim financing to support the operations of the company and shall be repayable by the company one year from the closing date. Pursuant to an executed Term Sheet, this Bridge Loan is to form part of a larger financing totaling USD 60 million to be disbursed over a period of one year and linked to a gold purchase and sales agreement with Imppetrol Investment S.A. as the buyer of 300,000 gold ounces, which the Company shall deliver over a period of three years commencing January 2015 at a price per ounce set at the London Bullion Market Association (LBMA) gold a.m. price fix on the day of sale less a discount of 10%. The Bridge Loan shall be rolled into the Financing, which shall bear an interest rate at the 1-Year London Interbank Offered Rate (LIBOR) plus 2%, and mature three years from closing. In connection with the Financing, Felix Salas, President of Power Blue, LLC, an affiliate of Imppetrol, and Jose Miranda, Chief Executive Officer of Imppetrol, will join Petaquilla's Advisory Board to its Board of Directors. In addition, Pascual Montanes, who presently serves as President of Iberian Resources Corp. and as Chief Executive Officer of corporation Recursos Iberia S.A.U., both subsidiaries of the company, will join the company's Board of Directors replacing Raul Ferrer.

 

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