Medusa Mining Limited: Exercise of Options

23.11.2011  |  Marketwire

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
www.medusamining.com.au

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