RNS Number:2169X
International Molybdenum PLC
24 May 2007
INTERNATIONAL MOLYBDENUM PLC ("InterMoly")
Notice of cancellation of Trading on AIM
Quadra Mining Ltd ("Quadra") has now received valid acceptances of its Offers
for the issued share capital and traded Warrants of InterMoly in respect of
111,897,320 Ordinary Shares representing approximately 81.75% of the InterMoly
issued Ordinary Shares and 10,142,818 Warrants representing approximately 76.07%
of the InterMoly Warrants.
The Offers for the Ordinary Shares and Warrants of InterMoly are unconditional
in all respects and remain open for acceptance until 3.00pm (London time) on 12
June 2007.
In the Offer document dated 27 April 2007 Quadra indicated that, if the Offers
became unconditional in all respects, it intended to procure that InterMoly
request the London Stock Exchange to cancel the AIM Admission of InterMoly and
thus cancellation of trading in the InterMoly Ordinary Shares and Warrants.
Quadra has now asked InterMoly to arrange for this cancellation.
Notice is therefore given that the Admission of InterMoly to the Aim Market of
the London Stock Exchange will be cancelled at the close of business on Monday
25th June 2007 and that trading in the Ordinary Shares and Warrants will cease
at that time.
Thursday 24th May 2007
Enquiries
Quadra Mining Ltd +1 604 689 8550
Paul Blythe
International Molybdenum plc +1 604 644 8244
Morris Beattie
Standard Bank Plc +44 (0)20 7815 4303
(Financial Adviser to Quadra Mining Ltd)
Mark Irwin
Matrix Corporate Capital Limited + 44 (0)20 7925 3300
(Financial Adviser to International Molybdenum plc)
Ken Vere Nicoll
This information is provided by RNS
The company news service from the London Stock Exchange
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