15th Aug 2011 09:42
Medusa Mining Limited
("Medusa" or the "Company")
15 August 2011
Holdings in Company
Medusa was informed today that, as of 8 August 2011, Van Eck Associates Corporation (and its associates as detailed below) ("VEAC") was beneficially interested in a total of 9,403,606 ordinary shares of nil par value in the Company which represents approximately 5.00% of the issued share capital of the Company.
VEAC holds its relevant interest by having the power to exercise, control the exercise of, or influence the exercise of the voting powers or disposal of the securities to which the relevant interest relates in the ordinary course of investment management business.
The registered owners of the 9,403,606 ordinary shares are as follows:
Holder of relevant interest | Registered holder of securities | Person entitled to be registered as holder | Number of securities |
VEAC | State Street Bank as custodian for Van Eck Funds - International Investors Gold Fund | Van Eck Funds - International Investors Gold Fund (IIG) | 1,170,000 |
VEAC | Bank of New York Mellon as custodian for Market Vectors Trust - Junior Gold Miners ETF | Market Vectors Trust - Junior Gold Miners ETF (GDXJ) | 7,927,606 |
VEAC | Northern Trust as custodian for Lockheed Martin Corporation Master Retirement Trust | Lockheed Martin Corporation Master Retirement Trust (LM) | 189,000 |
VEAC | Credit Agricole as custodian for LODH Invest - The World Gold Expertise Fund | LODH Invest - The World Gold Expertise Fund (LODH) | 117,000 |
Associates of the substantial shareholder are VEAC, Van Eck Securities Corporation and Van Eck Absolute Return Advisers, Inc all of 335 Madison Avenue, New York, NY 10017.
Contact details:
Medusa Mining Limited
+61 8 9367 0601
Roy Daniel, CFO
Fairfax I.S. PLC
+44 (0)20 7598 5368
Financial Adviser / Broker
Ewan Leggat / Laura Littley
Related Shares:
MML.L