Quadra Mining Ltd.
TSX : QUA

Quadra Mining Ltd.

April 27, 2007 11:02 ET

Quadra Mining Ltd.-Posting of Offer Document

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 27, 2007) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OR THE UNITED KINGDOM.

Quadra Mining Ltd. (TSX:QUA) ("Quadra" or the "Company") announces that further to the announcement made on 30 March 2007 of recommended offers (the "Offers") by Quadra to acquire the whole of the issued and to be issued share capital (the "Ordinary Offer") and traded warrants (the "Warrant Offer") of International Molybdenum Plc (AIM:IMY) ("InterMoly"), Quadra announces that the offer document containing the full terms and conditions of the Offers (the "Offer Document") is today being posted to InterMoly Shareholders and InterMoly Warrantholders, together with the prospectus equivalent document (the "Equivalent Document") and two forms of acceptance (the "Forms of Acceptance").

The Offers are initially open for acceptance until 18 May 2007. Copies of the Offer Document, Equivalent Document and Forms of Acceptance will be available on www.sedar.com and www.quadramining.com.

About Quadra Mining Ltd. (TSX:QUA)

Quadra is a British Columbia corporation based in Vancouver and is a copper producing company whose principal asset is the Robinson Mine in Nevada. The Company has the objective of becoming a multi-asset base metals development and operating company with interests in a number of advanced exploration, development and producing properties.

Contact Information

  • Quadra Mining Ltd.
    Paul Blythe
    (604) 689-8550
    Website: www.quadramining.com
    or
    International Molybdenum plc
    Morris Beattie
    +44 (0)20 7290 8187
    or
    Standard Bank Plc
    (Financial Adviser to Quadra Mining Ltd.)
    Thys Terblanche
    +44 (0)20 7815 4303
    or
    Matrix Corporate Capital Limited
    (Financial Adviser to International Molybdenum plc)
    Stephen Mischler/Alastair Stratton
    + 44 (0)20 7925 3300