Petaquilla Minerals Ltd.: Reorganization Update.VANCOUVER, British Columbia -- Petaquilla Minerals Ltd. ("PTQ PTQ Pro Tour Qualifier (gaming, Magic: The Gathering) PTQ Progress Through Quality PTQ Percent to Quota " or the "Company") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :PTQ)(OTCBB OTCBB See OTC Bulletin Board (OTCBB). :PTQMF)(FWB:P7Z) announced today that the Extraordinary Meeting of shareholders to consider its reorganization plan is anticipated to occur in the first half of 2006. The plan would separate PTQ's precious metal deposits and its exploration lands from its Minera Petaquilla S.A. porphyry copper deposits in north-central Panama, as described in the Company's news release dated June 29, 2005. The reorganization is subject to shareholders approving the transaction at the Extraordinary Meeting. A news release will be issued upon the decision to proceed with the reorganization and an Information Circular containing the pertinent information will be distributed to shareholders in accordance with stock exchange and securities commission rules. On behalf of the Board of Directors of PETAQUILLA MINERALS LTD. Kenneth W. Morgan, CFO See Chief Financial Officer. and Director No stock exchange has approved or disapproved the information cont ained herein. Petaquilla Minerals Ltd. (TSX:PTQ) (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. :PTQMF) (FRANKFURT:P7Z) |
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