Exercise of Options and Issue of Equity

(Thomson Reuters ONE) - 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(at)medusamining.com.au Internet: www.medusamining.com.au Medusa Mining Limited Exercise of optionsMedusa Mining Limited ("Medusa" or "the Company") announces that ithas 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 ordinaryshares and application will be made for 940,000 new ordinary sharesto be admitted to trading on AIM, which is expected to occur on 16November 2009.Following the issue of the new ordinary shares, the Company has atotal of 169,781,960 ordinary shares of nil par value in issue.For further information, please contact:Medusa Mining Limited +61 8 9367 0601Geoffrey Davis, Managing DirectorRoy Daniel, Finance DirectorFairfax I.S. PLC +44 (0)20 7598 5368Nominated Adviser / Joint BrokerEwan LeggatMirabaud Securities Limited +44 (0)20 7321 2508Joint BrokerPeter KrensLothbury Financial +44 (0)20 7011 9411Michael 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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Bereitgestellt von Benutzer: hugin
Datum: 10.11.2009 - 12:46 Uhr
Sprache: Deutsch
News-ID 8161
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