18th Dec 2009 10:49
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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: [email protected] Internet: www.medusamining.com.au |
Medusa Mining Limited
Director Shareholding
Medusa Mining Limited ("Medusa" or "the Company") announces that Geoffrey Davis, Managing Director of the Company has today exercised options in respect of 600,000 new ordinary shares of nil par value in the Company, at an exercise price of Aus$0.4334 per share.
Following the exercise of options, as described above, Geoffrey Davis in now interested in a total of 5,502,500 ordinary shares in the Company which represents approximately 3.23 per cent of the issued share capital of the Company.
The new ordinary shares will rank pari passu with existing ordinary shares and application will be made for 600,000 new ordinary shares to be admitted to trading on AIM, which is expected to occur on 24 December 2009.
Following the issue of the new ordinary shares, the Company has a total of 170,381,960 ordinary shares of nil par value in issue.
For further information, please contact:
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Medusa Mining Limited |
+61 8 9367 0601 |
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Geoffrey Davis, Managing Director |
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Roy Daniel, Finance Director |
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Fairfax I.S. PLC |
+44 (0)20 7598 5368 |
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Nominated Adviser / Joint Broker |
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Ewan Leggat |
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Mirabaud Securities Limited |
+44 (0)20 7321 2508 |
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Joint Broker |
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Peter Krens |
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Lothbury Financial |
+44 (0)20 7011 9411 |
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Michael Padley / Libby Moss |
Related Shares:
MML.L