Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV
Cloud Expo & Virtualization 2009 East
PLATINUM SPONSORS:
IBM
Smarter Business Solutions Through Dynamic Infrastructure
IBM
Smarter Insights: How the CIO Becomes a Hero Again
Microsoft
Windows Azure
GOLD SPONSORS:
Appsense
Why VDI?
CA
Maximizing the Business Value of Virtualization in Enterprise and Cloud Computing Environments
ExactTarget
Messaging in the Cloud - Email, SMS and Voice
Freedom OSS
Stairway to the Cloud
Sun
Sun's Incubation Platform: Helping Startups Serve the Enterprise
POWER PANELS:
Cloud Computing & Enterprise IT: Cost & Operational Benefits
How and Why is a Flexible IT Infrastructure the Key To the Future?
Click For 2008 West
Event Webcasts
BCSC panel releases reasons for cease-trading Petaquilla Minerals shareholder rights plan

VANCOUVER, Nov. 29, 2012 /CNW/ - A British Columbia Securities Commission panel has released the reasons for its decision on October 31, 2012 to make orders in connection with a take over bid of Petaquilla Minerals Ltd. by Inmet Mining Corporation.

On September 5, 2012, Inmet announced its intention to make an all-share bid for the outstanding common shares of Petaquilla for cash, common shares of Inmet, or a combination thereof, at the election of each holder of Petaquilla shares. On September 28, 2012, the offer was formally commenced by Inmet's filing a take-over bid circular.

Inmet applied to the commission for an order cease trading a shareholder rights plan adopted by Petaquilla in October 2010.  Inmet also applied for an order cease trading a proposed offering by Petaquilla of senior secured notes.

Petaquilla applied to the commission for an order to cease trade any securities that may be issued pursuant to Inmet's offer or, alternatively, an order that Inmet amend or vary its take-over bid circular to include information regarding a dispute between the two companies.

On October 31, 2012, the panel granted Inmet's applications and dismissed Petaquilla's application.

The panel ordered that if Petaquilla did not waive the rights plan in relation to the offer, it would cease-trade the securities issued or to be issued in connection with the Petaquilla rights plan. In its reasons, the panel said that it did so because the evidence did not establish that there was a real and substantial possibility of an alternative transaction emerging for Petaquilla shareholders to consider.

The panel cease traded the notes offering because it could have had the effect of denying Petaquilla shareholders the opportunity to consider and tender into the Inmet offer.  The panel noted that the evidence was that there would be no adverse impact on Petaquilla as a result of the order.

The panel said it dismissed Petaquilla's application because the parties' disclosures made during the course of the bid were adequate to ensure that Petaquilla shareholders were not deprived of material information in considering whether to accept the Inmet offer.

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 typing Inmet Mining Corporation, Petaquilla Minerals Ltd. or 2012 BCSECCOM 442 in the search box.  Information regarding disciplinary proceedings can be found in the Enforcement section of the BCSC website.

Learn how to protect yourself and become a more informed investor at www.investright.org


SOURCE British Columbia Securities Commission

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Cloud Developer Stories
The use of containers by developers -- and now increasingly IT operators -- has grown from infatuation to deep and abiding love. But as with any long-term affair, the honeymoon soon leads to needing to live well together ... and maybe even getting some relationship help along the...
Blockchain is a shared, secure record of exchange that establishes trust, accountability and transparency across business networks. Supported by the Linux Foundation's open source, open-standards based Hyperledger Project, Blockchain has the potential to improve regulatory compli...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President a...
Imagine if you will, a retail floor so densely packed with sensors that they can pick up the movements of insects scurrying across a store aisle. Or a component of a piece of factory equipment so well-instrumented that its digital twin provides resolution down to the micrometer.
Blockchain. A day doesn’t seem to go by without seeing articles and discussions about the technology. According to PwC executive Seamus Cushley, approximately $1.4B has been invested in blockchain just last year. In Gartner’s recent hype cycle for emerging technologies, blockchai...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021



SYS-CON Featured Whitepapers
ADS BY GOOGLE