Exercise of Options & Issue of Equity

 

TIDMMML 
 
RNS Number : 4940X 
Medusa Mining Limited 
07 December 2010 
 

 
                              Medusa Mining Limited 
 
                      Exercise of Options & Issue of Equity 
 
Medusa Mining Limited ("Medusa Mining" or "the Company") announces that, 
pursuant to the exercise of unlisted options by certain employees of the 
Company, it has today issued 440,000 ordinary shares of nil par value. The 
options were exercised at a price of A$1.25 per share. 
 
Application will be made to the UK Listing Authority and to the London Stock 
Exchange for 440,000 ordinary shares of nil par value to be admitted to the 
Official List and to trading on the Main Market of the London Stock Exchange. 
It is expected that dealings will commence at 8.00 a.m. on 14 December 2010. 
 
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 188,233,911 ordinary shares with voting rights.  Therefore, the 
total number of voting rights in the Company will be 188,233,911. 
 
The total number of voting rights may be used by shareholders as the denominator 
for the calculations by which they will determine if they are required to notify 
their interest in, or a change to their interest in, the Company under the 
Financial Service Authority's Disclosure and Transparency Rules. 
 
 
For further information, please contact: 
 
+------------------------------+--------------------------------------+ 
| Australia                    |                                      | 
+------------------------------+--------------------------------------+ 
| Medusa Mining Limited        |       [phone]                | 
+------------------------------+--------------------------------------+ 
| Geoffrey Davis, Managing     |                                      | 
| Director                     |                                      | 
+------------------------------+--------------------------------------+ 
| Roy Daniel, Finance Director |                                      | 
+------------------------------+--------------------------------------+ 
| United Kingdom               |                                      | 
+------------------------------+--------------------------------------+ 
| Fairfax I.S. PLC             |       [phone]            | 
+------------------------------+--------------------------------------+ 
| Financial Adviser and Broker |                                      | 
+------------------------------+--------------------------------------+ 
| Ewan Leggat/Laura Littley    |                                      | 
+------------------------------+--------------------------------------+ 
| Lothbury Financial Services  |       [phone]            | 
| Limited                      |                                      | 
+------------------------------+--------------------------------------+ 
| Michael Padley/Libby Moss    |                                      | 
+------------------------------+--------------------------------------+ 
| Canada                       |                                      | 
+------------------------------+--------------------------------------+ 
| Nicholas Sayce, Investor     |       [phone]                | 
| Relations                    |                                      | 
+------------------------------+--------------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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