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Medusa Mining Ltd (MML)

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Wednesday 23 November, 2011

Medusa Mining Ltd

Exercise of Options and Issue of Equity

RNS Number : 6134S
Medusa Mining Limited
23 November 2011


23 November 2011


Medusa Mining Limited


Exercise of Options and 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 10,000 ordinary shares of nil par value. The options were exercised at a price of A$4.40 per share.


Application will be made to the UK Listing Authority and to the London Stock Exchange for 10,000 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 on or around 28 November 2011.


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.


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:



Medusa Mining Limited

+61 8 9367 0601

Geoffrey Davis, Chairman

Peter Hepburn-Brown, Managing Director

United Kingdom

Fairfax I.S. PLC

+44 (0)20 7598 5368

Financial Adviser and Broker


Ewan Leggat/Laura Littley



This information is provided by RNS
The company news service from the London Stock Exchange

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