Issue of Options
November 18 2010 - 3:11AM
UK Regulatory
TIDMMML
Medusa Mining Limited
Exercise of Options
Medusa Mining Limited ("Medusa Mining" or "the Company") announces that it has
today issued options over 150,000 ordinary shares of nil par value in the
Company ("Options") to the Company's investor relations consultant in Canada.
The Options have been issued in part consideration for services and the issue of
the Options was approved by shareholders at the Company's Annual General Meeting
on 17 November 2010.
The Options are exercisable at a price of $4.40 per share and shall expire on
18 November 2013.
For further information, please contact:
Australia
Medusa Mining Limited +61 8 9367 0601
Geoffrey Davis, Managing Director
Roy Daniel, Finance Director
United Kingdom
Fairfax I.S. PLC +44 (0)20 7598 5368
Financial Adviser and Broker
Ewan Leggat/Laura Littley
Lothbury Financial Services Limited +44 (0)20 7868 2010
Michael Padley/Libby Moss
Canada
Nicholas Sayce, Investor Relations +1 416 822 4404
[HUG#1463701]
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Medusa Mining Ltd via Thomson Reuters ONE
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