Medusa Mining Limited: Director's Shareholding

(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 11/14/11 -- Medusa Mining Limited ("Medusa" or the "Company") (ASX: MML)(LSE: MML), was informed today that Geoffrey Davis, Chairman, had sold 1,000,000 ordinary shares of no par value in the Company at an average price of A$6.72 on 10 November 2011.

The proceeds from the sale will be used for the payment of personal income tax and to provide funds for charitable undertakings and medical research.

Following the sale of Medusa shares as described above, Mr Davis' total beneficial ownership in the Company is 4,052,750 ordinary shares of no par value, representing approximately 2.15% of the issued share capital of the Company.

In accordance with ASX Listing Rule 3.19A.2, please find attached completed Appendix 3Y (Change of Director's Interest Notice) for Geoffrey Davis.

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Part 1 - Change of Director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust.

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

Part 3 - +Closed period

ABN: 60 099 377 849



Contacts:
Australia
Medusa Mining Limited
Peter Hepburn-Brown, Managing Director
+61 8 9367 0601



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

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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 14.11.2011 - 11:35 Uhr
Sprache: Deutsch
News-ID 87254
Anzahl Zeichen: 2781

contact information:
Town:

TORONTO, ONTARIO

Kategorie:

Mining & Metals

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