MML Medusa Mining

TIDMMML

RNS Number : 8789W

Medusa Mining Limited

03 January 2014

Medusa Mining Limited

("Medusa" or the "Company")

3 January 2014

Holding in Company

Medusa was informed today that as of 27 December 2013 Van Eck Associates Corporation (and its associates, being Van Eck Securities Corporation and Van Eck Absolute Return Advisers, Inc) became a substantial shareholder in the Company and was interested in a total of 10,998,516 ordinary shares of nil par value in the Company which represents approximately 5.29% of the issued share capital of the Company.

Van Eck Associates Corporation ("VEAC") holds its relevant interest by having the power to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securities to which the relevant interest relates in the ordinary course of investment management business.

The persons registered as holders of the securities referred to above are as follows:

 
 Holder of relevant   Registered holder     Person entitled        Class and number 
  interest             of securities         to be registered       of securities 
                                             as holder 
-------------------  --------------------  ---------------------  ----------------- 
 VEAC                 Bank of New           Market Vectors         Ordinary shares 
                       York Mellon           Trust - Junior         10,994,158 
                       as custodian          Gold Miners 
                       for Market Vectors    ETF (GDXJ) 
                       Trust - Junior 
                       Gold Miners 
                       ETF 
-------------------  --------------------  ---------------------  ----------------- 
 VEAC                 Bank of New           Market Vectors         Ordinary shares 
                       York Mellon           Australian Emerging    4,358 
                       as custodian          Resources ETF 
                       for Market Vectors    (MVE AU) 
                       Trust, Market 
                       Vectors Australian 
                       Emerging Resources 
                       ETF 
-------------------  --------------------  ---------------------  ----------------- 
 

Contact details:

 
Australia 
 Medusa Mining Limited 
 Peter Hepburn-Brown, Managing 
 Director                        +61 8 9367 0601 
United Kingdom 
 SP Angel Corporate Finance 
 LLP 
 Financial Adviser and Broker 
 Ewan Leggat/Laura Littley       +44 (0)20 3463 2260 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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