PETAQUILLA MINERALS (OTCBB: PTQMF) (TSX:PTQ) (FRANKFURT:P7Z) CLOSES FOURTH TRANCHE
Petaquilla Minerals Ltd. (OTCBB: PTQMF) (TSX:PTQ) (FRANKFURT:P7Z) recently announced that its subsidiary, Petaquilla Copper Limited, has closed the fourth tranche of its non-brokered private placement, issuing more than 10 million units at $2.00 per unit and raising proceeds of $21 million.According to the company's latest press release, the official closing date of the fourth tranche was June 1, 2007. In the meantime, all securities issued under the private placement are subject to a four month resale restriction until October 2 of this year. Petaquilla Copper reportedly paid a cash commission and advisory fee of 5 percent, equal to $1,056,320, in…