MML Medusa Mining

 
TIDMMML 
 
MEDUSA MINING LIMITED 
                             (AIM: MML) 
 
                           Issue of Equity 
 
 
Further to the joint venture agreement entered into by Medusa Mining 
Limited ("Medusa" or "the Company") and MRL Gold Phils., Inc. ("MRL") 
on 17 May 2006, Medusa announces that it has issued 84,412 new 
ordinary shares of nil par value in the Company to MRL. 
 
Pursuant to the terms of the joint venture agreement and the 
fulfilment of certain conditions, Medusa has issued to MRL new 
ordinary shares at a price of A$0.78 per share (being the market 
price of the ordinary shares on 17 May 2006). 
 
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 8 June 
2009. 
 
Following the issue of the new ordinary shares, the Company has a 
total of 168,691,960 ordinary shares of nil par value in issue. 
 
 
                                                         June 2, 2009 
 
 
Contact details: 
 
 
Medusa Mining Limited 
Geoffrey Davis, Managing Director 
Roy Daniel, Finance Director 
Tel: +61 8 9367 0601 
 
Fairfax I.S. PLC 
Nominated Adviser / Joint Broker 
Ewan Leggat 
Tel: +44 (0)20 7598 5368 
 
Mirabaud Securities Limited 
Joint Broker 
Peter Krens 
Tel: +44 (0)20 7321 2508 
 
Lothbury Financial 
Michael Padley / Libby Moss 
Tel: +44 (0)20 7011 9411 
 
=--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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