Trading in Shares of Petaquilla SuspendedFor non compliance with the deadline to deliver the financial results of 2013-2014 the securities commission of British Columbia, Canada, the trading of the shares by the owner of the Molejón mine in Panama has been suspended.Monday, January 5, 2015
Despite having announced in September changes in company structure and operation of the Molejón gold mine in Panama, the Canadian company Petaquilla Minerals continues to face financial difficulties. Source: Comisión de Valores de British Columbia ¿Busca soluciones de inteligencia comercial para su empresa?Panama: New Manager for Molejón MineFebruary 2015 As part of the restructuring process to reactivate the operation in the gold mine, Petaquilla Mineras has appointed Arenisca Properties S.A. to manage works at the mine. Petaquilla Minerals' Financial ProblemsNovember 2014 The Securities Commission of British Columbia in Canada, has issued a resolution barring the two top executives of Petaquilla from trading shares of the company until financial information is presented for the period ending July 2014. Panama: Agreement Between Mining Companies for $60 millionMay 2014 Petaquilla Minerals has agreed to the sale of 1,483 acres to the Canadian company First Quantum, owner of the Cobre Panama project. Panamanian Gold Mine Secures $40 millionMarch 2009 The company Petaquilla Minerals Ltd, which operates the Molejón project, placed $40 million in private debt.
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