First Day of Dealings
28 October 2010 - 5:00PM
UK Regulatory
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
ANNOUNCEMENT
28 October 2010
Medusa Mining Limited
("Medusa" or "the Company")
ADMISSION TO OFFICIAL LIST AND FIRST DAY OF DEALINGS ON MAIN MARKET
Medusa announces that its entire issued ordinary share capital, being
187,584,911 ordinary shares of nil par value (the "Ordinary Shares"), will today
be admitted to the standard listing segment of the Official List of the UK
Listing Authority and to London Stock Exchange plc's main market for listed
securities ("Admission"). Cancellation of trading in the Ordinary Shares on
AIM and dealings in the Ordinary Shares on the London Stock Exchange's main
market will take place simultaneously today at 8.00 am.
Copies of the prospectus prepared by the Company in connection with the
Admission are available free of charge from the office of Hunton & Williams,
English legal advisers to the Company, at 30 St Mary Axe, London, EC3A 8EP,
United Kingdom during normal business hours and on the Company's website
(http://www.medusamining.com.au/aim/prospectus.html).
A copy of the Prospectus has been submitted to the National Storage Mechanism
and will be available for inspection at:www.Hemscott.com/nsm.do.
Geoff Davis, Managing Director of Medusa, commented:
"Today's event is the culmination of many years of growing and nurturing the
Company and represents a natural progression to the Main Market of the London
Stock Exchange.
Whilst the Company is indeed fortunate to have high quality assets in an
investor friendly environment in the Philippines, it is mindful of the
significant contributions made by a dedicated workforce and management and also
a very supportive group of shareholders and other stakeholders.
The Company is focused on becoming a significant mid-tier gold producer and
intends to achieve that growth objective through discovery within its extensive
and extremely prospective tenement package."
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
Important Notice
This announcement does not constitute or form part of any offer or invitation or
solicitation of any offer or invitation to sell or subscribe for or purchase any
securities in the Company or any other entity. This announcement has been issued
by, and is the sole responsibility of, the Company.
Fairfax I.S. PLC which is authorised and regulated in the United Kingdom by the
Financial Services Authority, is acting exclusively for the Company as its
financial adviser and no-one else in connection with the Admission and will not
regard any other person as its client or be responsible to any person other than
the Company for providing the protections afforded to its clients or for
advising any other person on the contents of this document.
[HUG#1456088]
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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