![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Medusa Mining | LSE:MML | London | Ordinary Share | AU000000MML0 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 97.50 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMML MEDUSA MINING LIMITED ABN: 60 099 377 849 Unit 7, 11 Preston Street Como WA 6152 PO Box 860 Canning Bridge WA 6153 Telephone: 618-9367 0601 Facsimile: 618-9367 0602 Email: admin@medusamining.com.au <mailto:admin@medusamining.com.au> Internet: www.medusamining.com.au <http://www.medusamining.com.au/> ANNOUNCEMENT 15(th) February 2010 APPOINTMENT OF DIRECTOR The Directors of Medusa Mining Limited (ASX & AIM: MML; TSX: MLL), are pleased to announce the immediate appointment of Mr Andrew Boon San Teo as a Non-Executive Director of the Company. Mr Teo is an accountant with 33 years of extensive and diversified experience in accounting, treasury, corporate, legal and business administration across several industries. He is currently the CFO/Executive Director of BGC (Australia) Pty Ltd, one of Australia's largest privately owned companies, with annual turnover in excess of $2 billion and 7,000 plus staff (including sub-contractors). Mr Teo will also assume the Chairman's role of the Audit Committee and serve as a member of the Remuneration Committee. In addition, the Board of Medusa is currently in discussions with several candidates for the role of Non-Executive Chairman and Mr Peter Hepburn-Brown has agreed to act as Non-Executive Chairman in the interim. Geoffrey Davis, Managing Director of Medusa, commented: "The Company is committed to ensuring the highest standards of corporate governance and we are positive that the appointment of Andrew with his business acumen and proven financial track record across several industries will complement those of my fellow board members. The Company is currently in an exciting growth phase and we look forward to Andrew's valuable contribution as the Company embarks towards further expansion and growth." Further Information with regards to Andrew Boon San Teo (age 57) The directorships held by Mr Teo now and over the five years preceding the date of appointment are as follows: Current: Lodsworth Limited Tipsafe Pty Ltd Abella Holdings Pty Ltd Bestcheck Nominees Pty Ltd Caprice Bay Pty Ltd Edmonds Corporation Pty Ltd Harrisdale Pty Ltd Hebat Pty Ltd J-Corp Pty Ltd Leon Enterprises Pty Ltd National Electrical Services Pty Ltd Westswan Nominees Pty Ltd Worlando Pty Ltd Jaguh Pty Ltd Swan View Holdings Pty Ltd BOCCE Pty Ltd A.F. Wade Pty Ltd Arndale Holdings Pty Ltd BGC (Australia) Pty Ltd BGC Construction Pty Ltd BGC Contracting Pty Ltd BGC Insurance (L) Limited Broadland Holdings Pty Ltd Broadland Holdings (1994) Pty Ltd Buckeridge & Associates Pty Ltd Buckeridge Nominees Pty Ltd Builders Supply Group Pty Ltd Buxton Holdings Pty Ltd Commodore Homes (WA) Pty Ltd Commodore Investments (WA) Pty Ltd Craneford Holdings Pty Ltd Cromlech Pty Ltd Esther Investment Proprietary Limited Glentham Pty Ltd Jujur Pty Ltd Kimpura Pty Ltd Lisson Nominees Pty Ltd Masan Pty Limited Maxen Holdings Pty Ltd Mount Risk Services Pty Ltd Pelabuhan Utama Pty Ltd Port 1 Pty Ltd Richard Buckeridge Investments Pty Ltd Sunspec Investments Pty Ltd Tapestry Holdings Pty Ltd The Australian Plasterboard Company Holdings Pty Ltd Twenty-Two Mount Street Pty Ltd Uranium Australia Limited Previous: Korab Resources Limited Mr Teo beneficially owns 50,000 shares in Medusa Mining Limited which represents approximately 0.03% of the issed share capital in the Company. The shares are registered in the name of his spouse. ABOUT MEDUSA MINING LIMITED Medusa Mining Limited ("Medusa" or the "Company"), a public company listed on the ASX, AIM and the TSX, is an Australian based gold producer, focussed solely on the Philippines. With current mineral resources comprising Indicated 580,000 ounces of gold and Inferred 1,310,000 ounces of gold, Medusa's corporate strategy is to become a mid tier 300,000 to 400,000 ounce per year, low cost gold producer. The Company is currently expanding its high grade Co-O Mine operations (Indicated Resources 580,000 ounces of gold inclusive of a Probable Reserve of 500,000 ounces of gold, and Inferred Resources 660,000 ounces of gold) to increase its forecast production to 100,000 ounces per year in 2010, and is conducting near mine exploration to assess the possibilities of further expansion to 200,000 ounces per year. Current cash costs at the Co-O Mine are approximately US$200 per ounce. A pipe-line of deposits is now being established with the Bananghilig Deposit (Inferred Resource of 650,000 ounces of gold) recently added and which is expected to expand, potentially in conjunction with nearby discoveries. Further potential upside exists in the discovery of substantial copper deposits within the tenement holding of > 800km(2). For further information please contact: Australia Medusa Mining Limited +61 8 9367 0601 Geoffrey Davis, Managing Director Roy Daniel, Finance Director United Kingdom Fairfax I.S. PLC +44 (0)20 7598 5368 Nomad and Broker Ewan Leggat/Laura Littley Lothbury Financial +44 (0)20 7011 9411 Michael Padley/Libby Moss Canada Nicholas Sayce, Investor Relations +1 416 822 4404 [HUG#1384286]
1 Year Medusa Chart |
1 Month Medusa Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions