Medusa Mining Limited

Medusa Mining Limited

November 23, 2011 00:00 ET

Medusa Mining Limited: Exercise of Options

TORONTO, ONTARIO--(Marketwire - Nov. 23, 2011) - Medusa Mining Limited ("Medusa Mining" or "the Company") (ASX:MML)(LSE:MML) announces that, pursuant to the exercise of unlisted options by certain employees of the Company, it has today issued 10,000 ordinary shares of nil par value. The options were exercised at a price of A$4.40 per share.

The new ordinary shares will rank pari passu in all respects with the existing ordinary shares and, following admission, the Company's increased share capital will comprise 188,837,911 ordinary shares with voting rights. Therefore, the total number of voting rights in the Company will be 188,837,911.

ABN: 60 099 377 849

Contact Information

  • Australia
    Medusa Mining Limited
    Peter Hepburn-Brown
    Managing Director
    +61 8 9367 0601

    United Kingdom
    Fairfax I.S. PLC (Financial Adviser & Broker)
    Ewan Leggat/Laura Littley
    +44 (0)20 7598 5368