Rule 8.3 - Quadra Mining Ltd

Date : 05/09/2007 @ 10:25AM
Source : UK Regulatory (RNS and others)
Stock : International Molybdenum Plc (IMY)
Quote : 20.0  0.0 (0.00%) @ 1:00AM
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Rule 8.3 - Quadra Mining Ltd

    FORM 8.3
                                                            
                        DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE
                                             (Rule 8.3 of the Takeover Code)
1.      KEY INFORMATION
Name of person dealing  (Note 1)                     Polygon Investment Partners LLP, Polygon Investment Partners LP, Polygon
                                                     Investment Partners HK Limited and Polygon Investments Ltd.,
                                                     acting on behalf of Polygon Global Opportunities Master Fund
Company dealt in                                    Quadra Mining Ltd
Class of relevant security to which the dealings    New Warrants
being disclosed relate (Note 2)                     
Class of relevant security to which the dealings    Common Shares with no par value
being disclosed relate (Note 2)
Date of dealing                                     4 May 2007
2.      INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE
(a)     Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)
Class of relevant security:                                        Long                                  Short
New Warrants
                                                         Number              (%)               Number               (%)
(1) Relevant securities                                 150,000             2.51%                                     
    
(2) Derivatives (other than options)                                                                                  
    
(3) Options and agreements to purchase/sell                                                                           
    
Total                                                   150,000             2.51%                                     
Class of relevant security:                                        Long                                  Short
Common Shares with no par value
                                                         Number              (%)               Number               (%)
(1) Relevant securities                                 535,000             1.07%                                     
    
(2) Derivatives (other than options)                                                                                  
    
(3) Options and agreements to purchase/sell                                                                           
    
Total                                                   535,000             1.07%                                     
(b)     Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)
Class of relevant security:                                        Long                                  Short
Warrants 07/07/2007-07/04/12
                         
                                                         Number              (%)               Number               (%)
(1) Relevant securities                                                                                               
    
(2) Derivatives (other than options)                   648,888.62           32.00%                                    
    
(3) Options and agreements to purchase/sell                                                                           
    
Total                                                  648,888.62           32.00%                                    
(c)     Rights to subscribe (Note 3)
Class of relevant security:                         Details
                                                    
3.      DEALINGS (Note 4)
(a)     Purchases and sales
Purchase/sale                               Number of securities                     Price per unit (Note 5)
Purchase (New Warrants)                     150,000                                  CAD 12.60 per Unit (a "Unit" comprises
                                                                                     one Share and one half- New Warrant)
Purchase (Common Shares with no par         300,000                                  CAD 12.60 per Unit (a "Unit" comprises
value)                                                                               one Share and one half- New Warrant)
        
        
(b)     Derivatives transactions (other than options)
 
Product name,            Long/short (Note 6)          Number of securities (Note 7)           Price per unit (Note 5)
e.g. CFD
                                                                                                              
                                                                                                              
        
        
(c)     Options transactions in respect of existing securities
(i)     Writing, selling, purchasing or varying
Product name,            Writing,           Number of securities    Exercise    Type, e.g.       Expiry       Option money
e.g. call option         selling,           to which the option     price       American,        date         paid/received
                         purchasing,        relates (Note 7)                    European etc.                 per unit (Note
                         varying etc.                                                                         5)
                                                                                                                      
(ii)    Exercising
Product name, e.g. call option              Number of securities                     Exercise price per unit (Note 5)
                                                                                     
                                                                                     
                                                                                     
(d)     Other dealings (including new securities) (Note 4)
Nature of transaction (Note 8)              Details                                  Price per unit (if applicable) (Note 5)
                                                                                    
4.      OTHER INFORMATION
Agreements, arrangements or understandings relating to options or derivatives
Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the
voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future
acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.  If none,
this should be stated.
Is a Supplemental Form 8 attached? (Note 9)                                No
Date of disclosure                                                        9 May 2007
Contact name                                                              Sean Côté
Telephone number                                                          +44 207 901 8330
If a connected EFM, name of offeree/offeror with which connected          
If a connected EFM, state nature of connection (Note 10)                  
Notes
The Notes on Form 8.3 can be viewed on the Takeover Panel's website at www.thetakeoverpanel.org.uk
								
Polygon Global Opportunities Master Fund
								
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