TREK METALS LIMITED — Major Shareholding Notification 2012

Oct 15, 2012

FACSIMILE

To:	ASX Company Announcements	From:	IMC Resources Holdings Pte Ltd
Attention:		Pages:	5 (including cover)
Fax:	1300 135 638	Date	15 October 2012
Re:	Form 603 - Zambezi Resources Limited	$_{\rm C}$

Enclosed is a Form 603 in relation to the acquisition of a deemed relevant interest in Zambezi Resources Limited by IMC Resources Holdings Pte Ltd (IMC) as a result of IMC acquiring 20% or more of the voting power in LinQ Resources Fund (LRF) due to acceptances of the offers under an off-market takeover bid by IMC for all of the units in LRF (Offer).

		603	15 July 2001
	Form 603 Corporations Act 2001 Section 671B
	Notice of initial substantial holder
To Company Name/Scheme	Zambezi Resources Limited
ACN/ARSN	ARBN 124 462 826
1. Details of substantial holder (1)
Name	IMC Resources Holdings Pte Ltd and each of the IMC Group Entities in Annexure A (IMC Group)
ACN/ARSN
The holder became a substantial holder on 2. Details of voting power	15/10/2012

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) in on the date the substantial holder became a substantial holder are as follows:

Class of securities (4)	Number of securities	Person's votes (5)	Voting power (6)
Ordinary shares .	379.892.674	379.892,674	22.64%

3. Details of relevant interests

The nature of the relevant interest the substantial holder or an associate had in the following voting securities on the date the substantial holder became a substantial holder are as follows:

Holder of relevant interest	Nature of relevant interest (7)	Class and number of securities
Each member of the IMC Group	Acquisition of relevant interests under section 608(3)(a) of the Corporations Act 2001 through holding 20% or more of the voting power in LinQ Resources Fund as a result of acceptances of offers under an off-market takeover bid by IMC Resources Holdings Pte Ltd for LinQ Resources Fund (Offer).	379,892,674 ordinary shares

4. Details of present registered holders

The persons registered as holders of the securities referred to in paragraph 3 above are as follows:

Holder of relevant interest	Registered holder of securities	Person entitled to be registered as holder (8)	Class and number of securities
Each member of the IMC Group	RBC Investor Services Australia Nominees Pty Limited	RBC Investor Services Australia Nominees Pty 1 imited	379,892,674 ordinary shares

5. Consideration

The consideration paid for each relevant interest referred to in paragraph 3 above, and acquired in the four months prior to the day that the substantial
holder became a substantial holder is as follows:

Holder of relevant interest	Date of acquisition	Consideration (9)	Thomas Automobile Automobile Automobile Automobile	Class and number of securities
		Cash	Non-cash

∵ Ordinary N/A N/A 5/10/2012 Each member of the IMC
Shares Group

6. Associates

The reasons the persons named in paragraph 3 above are associates of the substantial holder are as follows:

Name and ACN/ARSN (if applicable)	Nature of association
Each of the IMC Group Entities	Set out in the list of 1 page annexed to this notice and marked Annexure A

7. Addresses

The addresses of persons named in this form are as follows:

Name	Address
IMC Resources Holdings Pte Ltd	7 Temasek Boulevard, Level 37, Suntec Tower One. Singapore.
Each of the IMC Group Entities	Set out in the list of 1 page annexed to this notice and marked Annexure A

Capacity:

Signature

print name

sign here

Michael Clyl

Michael Chye

Managing Director, IMC Investments Group Date 15/10/2012

Signed under a power of attorney for and on behalf of IMC Resources Holdings Pte Ltd

15/10 2012 MON 18:42 FAX 61 8 9211 3690 Hardy Bowen Lawyers DIRECTIONS If there are number of substantial holders with similar or related interests (eg a corporation and its related corporations, or the manager and $(1)$ trustee of an equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group in the membership of each group, with the names and addresses of members is clearly set out in paragraph 7 of the form. See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$ See the definition of "relevant interest" in sections 608 and 617B(7) of the Corporations Act 2001. $(3)$ The voting shares of a company constitute one class unless divided into separate classes. $(4)$ The total number of votes attached to all the voting shares in the company or voting interests in the scheme (if any) that the person or an $(5)$ associate has a relevant interest in. The person's votes divided by the total votes in the body corporate or scheme multiplied by 100. $(6)$ $(7)$ Include details of: any relevant agreement or other circumstances by which the relevant interest was acquired. If subsection 671B(4) applies, a $(a)$ copy of any document setting out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statement certifying this contract, scheme or arrangement; and any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or $(b)$ disposal of the securities to which the relevant interest relates (indicating clearly the particular securities to which the qualification applies). See the definition of "relevant agreement" in section 9 of the Corporations Act 2001. If the substantial holder is unable to determine the identity of the person (eg if the relevant interest arises because of an option) write $(8)$ "unknown". Details of the consideration must include any and all benefits, money and other, that any person from whom a relevant interest was acquired $(9)$ has, or may become entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom the relevant interest was acquired.

603 15 July 2001

Annexure A

IMC Group Entitles

This is Annexure A of 1 page referred to in the Form 603 (Notice of initial substantial holder) signed by me and dated 15/10/2012.

Signed under a power of attorney
For and on behalf of IMC Resources Holdings Pte Ltd

Michael

Name: Michael Chye Managing Director Capacity: IMC Investments Group

15 October 2012 Date:

Company	ACN	Nature of Association	Address ATAN PACKARE
IMC Fund Management Co. Ltd.	N/A	A body corporate that controls 50% of IMC Resources Holdings Pte. Ltd.	Cayside, 2nd Floor, Harbour Drive P.O. Box 30592 S.M.B. George Town, Grand Cayman, Cayman Islands
IMC Investments Ltd	N/A	A body corporate that controls 100% IMC Fund Management Co. Ltd.	P.O. Box 957 Offshore Incorporations Centre Road Town, Tortola, British Virgin Islands
IMC Group Holdings Limited	N/A	A body corporate that controls 50% of IMC Resources Holdings Pte. Ltd.	Canon's Court, 22 Victoria Street, Hamilton HM12, Bermuda
IMC Pan Asia Alliance Corporation	N/A	Ultimate Holding Company	PO Box 71, Craigmuir Chambers, Road Town, Tortola, British Virgin Islands
Chavalit Tsao	N/A	Ultimate Beneficial Shareholders	28/2, Soi Ruamruedee Pleonchit Rd, Pathumwan Bangkok, 10330 Thailand