Medusa Mining Limited Co-O Mill Expansion Project Managers Appoint Admin (5752H)
June 21 2013 - 3:18AM
UK Regulatory
TIDMMML
RNS Number : 5752H
Medusa Mining Limited
21 June 2013
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
ANNOUNCEMENT
21 June 2013
Co-O MILL EXPANSION PROJECT MANAGERS APPOINT ADMINISTRATORS
(ASX & LSE: MML)
Medusa Mining Limited ("Medusa" or the "Company") wishes to
advise that the ASX listed entity, All Mine Group, the parent
company of Arccon (WA) Pty Ltd who manage the Co-O Mill expansion,
appointed WA Insolvency Solutions Pty Ltd as administrators on 20
June 2013 (see ASX announcement under ticker AZG dated 20 June).
The Company was advised by letter Thursday evening 20(th) June.
Medusa is currently uncertain as to the timing and the effects
on completion of the finishing touches to the mill and full circuit
commissioning as dedicated commissioning personnel were scheduled
to mobilise to site imminently. Discussions are expected with the
administrators and direct communications with personnel on site are
underway to minimise disruption to site activities.
The Company will provide further updates when more information
becomes available.
For further information please contact:
Australia
Medusa Mining Limited +61 8 9367 0601
Peter Hepburn-Brown, Managing
Director
United Kingdom
SP Angel Corporate Finance
LLP (Financial Adviser & Broker) +44 (0)20 3463 2260
Ewan Leggat/Laura Littley
This information is provided by RNS
The company news service from the London Stock Exchange
END
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