MML Medusa Mining

TIDMMML

RNS Number : 8771V

Medusa Mining Limited

20 January 2012

20 January 2012

Medusa Mining Limited

Grant of Options

Medusa Mining Limited ("the Company") announces that the Board has granted 1,000,000 options over ordinary shares in the Company. The unlisted options are exercisable at $5.10 per option and shall expire on 3 January 2015. The options have been granted to certain Philippines based employees in recognition for dedicated service as well as providing an incentive for future dedicated and ongoing commitments and service to the Company.

For further information, please contact:

 
 Australia 
 Medusa Mining Limited             +61 8 9367 0601 
 Geoffrey Davis, Chairman 
 Peter Hepburn-Brown, 
  Managing Director 
 United Kingdom 
 Fairfax I.S. PLC                  +44 (0)20 7598 5368 
 Financial Adviser and 
  Broker 
 Ewan Leggat/Laura Littley 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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