Issue of Equity
April 23 2010 - 3:05AM
UK Regulatory
TIDMMML
Medusa Mining Limited
("Medusa" or "the Company")
Issue of Equity
23 April 2010
The Company announced on 30 March 2010, that it had issued 17,027,845 new
ordinary shares of nil par value in the Company, pursuant to the Bonus Issue
announced on 8 March 2010. The new ordinary shares were issued to shareholders
as at the record date, being 5.00pm (AWST) on 19 March, on a 1 for 10 basis.
Following the issue of the new ordinary shares as described above, the Company
had a total of 187,409,805 ordinary shares of nil par value in issue.
Due to an administrative oversight, 10,106 ordinary shares in the Company (not
included in the total issued new ordinary shares figure above) were not issued.
The Company have now issued these 10,106 ordinary shares and application has
been made to admit them to trading on AIM, expected to be on 29 April 2010. The
new Ordinary Shares will rank pari passu with the existing Ordinary Shares in
the Company.
The total number of new Ordinary shares issued under the Bonus Issue is
therefore 17,037,951.
Following the issue of the new ordinary shares as described above, the Company
now has a total of 187,419,911 ordinary shares of nil par value in issue.
Contact details:
Medusa Mining Limited
Geoffrey Davis, Managing Director
Roy Daniel, Finance Director
Tel: +61 8 9367 0601
Fairfax I.S. PLC
Nominated Adviser and Broker
Ewan Leggat /Laura Littley
Tel: +44 (0)20 7598 5368
Lothbury Financial
Michael Padley / Libby Moss
Tel: +44 (0)20 7011 9411
[HUG#1407306]
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