TORONTO, ONTARIO -- (Marketwire) -- 12/16/11 -- Medusa Mining Limited (ASX: MML)(LSE: MML) ("Medusa Mining" or "the Company") announces that, pursuant to the exercise of unlisted options by an option holder, it has today issued 66,000 ordinary shares of nil par value. The options were exercised at a price of A$1.25 per share.
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 188,903,911 ordinary shares with voting rights. Therefore, the total number of voting rights in the Company will be 188,903,911.
ABN: 60 099 377 849
Contacts:
Australia
Medusa Mining Limited
Geoffrey Davis
Chairman
+61 8 9367 0601
Medusa Mining Limited
Peter Hepburn-Brown
Managing Director
+61 8 9367 0601
+61 8 9367 0602 (FAX)
admin@medusamining.com.au
www.medusamining.com.au
United Kingdom
Fairfax I.S. PLC
Ewan Leggat/Laura Littley
Financial Adviser and Broker
+44 (0)20 7598 5368
