Medusa Mining Limited: Appendix 3B

16.12.2011  |  Marketwire

TORONTO, ONTARIO -- (Marketwire - Dec. 16, 2011) - Medusa Mining Limited (ASX: MML)(LSE: MML) (“Medusa Mining“ or “the Company“) announces that, pursuant to the exercise of unlisted options by an option holder, it has today issued 66,000 ordinary shares of nil par value. The options were exercised at a price of A$1.25 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 188,903,911 ordinary shares with voting rights. Therefore, the total number of voting rights in the Company will be 188,903,911.

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
618-9367 0601
618-9367 0602
admin@medusamining.com.au
www.medusamining.com.au

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