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    Petaquilla Finances the Redemption of its Senior Secured Notes

    Investing News Network
    Apr. 13, 2010 04:32PM PST
    Gold Investing

    Petaquilla Minerals Ltd. (TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z) reported that the company has signed an engagement letter pursuant to which it will work with a leading financial institution to execute a US$70 million gold linked facility under which the Company would be required to deliver 91,710 ounces of gold over a five year term.

    Petaquilla Minerals Ltd. (TSX:PTQ)(OTCBB:PTQMF)(FRANKFURT:P7Z) reported that the company has signed an engagement letter pursuant to which it will work with a leading financial institution to execute a US$70 million gold linked facility under which the Company would be required to deliver 91,710 ounces of gold over a five year term.

    The press release is quoted as saying:

    Petaquilla Minerals Ltd. is a gold producer operating its gold processing plant at its 100% owned Molejon Gold Project in Panama.

    Click here to access the entire press release

    Click here to access Petaquilla Minerals Corporate Site

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