Medusa Mining Limited: Issue of Performance Rights

05.12.2011  |  Marketwire

TORONTO, ONTARIO -- (Marketwire - Dec. 5, 2011) - Medusa Mining Limited (ASX: MML) (LSE: MML) (“the Company“) announces that, pursuant to the passing of the relevant resolution by the Company's shareholders at the Annual General Meeting on 10 November 2011, the Board has today granted 250,000 performance rights to acquire fully paid ordinary shares in the Company to the Company's Managing Director, Mr Peter Hepburn-Brown. The performance rights have been granted in accordance with the terms and conditions as set out in the Explanatory Memorandum to Resolution 5 in the Notice of Annual General Meeting dated 7 October 2011.

A copy of the full Notice of Annual General Meeting and Explanatory Memorandum is available on the company's website www.medusamining.com.au.

ABN: 60 099 377 849



Contact Information

Australia
Medusa Mining Limited
Geoffrey Davis, Chairman
+61 8 9367 0601

Medusa Mining Limited
Peter Hepburn-Brown, Managing Director
+61 8 9367 0601
www.medusamining.com.au

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

Fairfax I.S. PLC
Laura Littley
Financial Adviser and Broker
+44 (0)20 7598 5368