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BCSC Panel Cease Trades Petaquilla Minerals Shareholder Rights Plan

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2012) - A British Columbia Securities Commission panel today granted an application by the Inmet Mining Corporation to cease trade the shareholder rights plan adopted by Petaquilla Minerals Ltd.

The panel's reasons will follow.

The B.C. Securities Commission is the independent provincial government agency responsible for regulating trading in securities within the province. You may view the decision on our website www.bcsc.bc.ca by searching the Inmet Mining Corporation, Petaquilla Minerals Ltd. or 2012 BCSECCOM 409.

For media inquiries, contact Richard Gilhooley, media relations, 604 899-6713. For public inquiries call 604 899 6854 or 1 800 373 6393.

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