Toronto, January 22, 2013 -- Moody's Investors Service withdrew all ratings on Petaquilla Minerals Ltd. as the ratings were based on a proposed debt transaction that did not occur. The company will instead pursue an alternate debt transaction for which it has not asked Moody's to rate. The affected ratings consist of Petaquilla's Caa1 corporate family rating, Caa1-PD probability of default rating, Caa1 senior secured rating and SGL-3 speculative grade liquidity rating.

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