MML Medusa Mining

 
TIDMMML 
 
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:  admin@medusamining.com.au 
                                   Internet:  www.medusamining.com.au 
 
 
                        Medusa Mining Limited 
                     ("Medusa" or the "Company") 
 
                             (AIM: MML) 
 
                         Exercise of Options 
 
Medusa Mining Limited ("Medusa" or  "the Company") announces that  it 
has issued 2,000,000  new ordinary  shares of  nil par  value in  the 
Company, following the exercise of options by certain external  third 
parties at an exercise price of Aus$1.25 per share. 
 
The new ordinary shares will  rank pari passu with existing  ordinary 
shares and application will be made for these new ordinary shares  to 
be admitted to trading on AIM, which  is expected to occur on 2  June 
2009. 
 
Following the issue  of the new  ordinary shares, the  Company has  a 
total of 168,607,548 ordinary shares of nil par value in issue. 
 
                                                          27 May 2009 
 
Contact details: 
 
 
Medusa Mining Limited                   +61 8 9367 0601 
Geoffrey Davis, Managing Director 
Roy Daniel, Finance Director 
 
Fairfax I.S. PLC                        +44 (0)20 7598 5368 
Nominated Adviser / Joint Broker 
Ewan Leggat 
 
Mirabaud Securities Limited             +44 (0)20 7321 2508 
Joint Broker 
Peter Krens 
 
Lothbury Financial                      +44 (0)20 7011 9411 
Michael Padley / Libby Moss 
 
=--END OF MESSAGE--- 
 
 
 
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement. 
 

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