Exercise of Options and Issue of Equity
November 10 2009 - 6:47AM
UK Regulatory
TIDMMML
MEDUSA MINING LIMITED
ABN: 60 099 377 849
Unit 7, 11 Preston Street
Como WA 6152
PO Box 860
Canning Bridge WA 6153
Telephone: 618-9367 0601
Facsimile: 618-9367 0602
Email: admin@medusamining.com.au
Internet: www.medusamining.com.au
Medusa Mining Limited
Exercise of options
Medusa Mining Limited ("Medusa" or "the Company") announces that it
has today issued:
* 750,000 new ordinary shares of nil par value in the
Company, following the exercise of options by certain employees of
the Company at an exercise price of Aus$0.7128 per share; and
* 190,000 new ordinary shares of nil par value in the
Company, following the exercise of options by certain employees of
the Company at an exercise price of Aus$1.25 per share.
The new ordinary shares will rank pari passu with existing ordinary
shares and application will be made for 940,000 new ordinary shares
to be admitted to trading on AIM, which is expected to occur on 16
November 2009.
Following the issue of the new ordinary shares, the Company has a
total of 169,781,960 ordinary shares of nil par value in issue.
For further information, please contact:
Medusa Mining Limited +61 8 9367 0601
Geoffrey Davis, Managing Director
Roy Daniel, Finance Director
Fairfax I.S. PLC +44 (0)20 7598 5368
Nominated Adviser / Joint Broker
Ewan Leggat
Mirabaud Securities Limited +44 (0)20 7321 2508
Joint Broker
Peter Krens
Lothbury Financial +44 (0)20 7011 9411
Michael Padley / Libby Moss
=--END OF MESSAGE---
This announcement was originally distributed by Hugin. The issuer is
solely responsible for the content of this announcement.
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