Medusa Mining Limited: Results of Annual General Meeting

TORONTO, ONTARIO -- (Marketwire - Nov. 14, 2011) - Medusa Mining Limited (ASX: MML) (LSE: MML) -

In accordance with Listing Rule 3.13.2 and Section 251AA(2) of the Corporations Act, the Company wish to advise that all resolutions put to the meeting of shareholders on 10 November 2011 have been passed on a show of hands.

Outlined below is a tabulation of the proxies received by the Company pertaining to each resolution.

As ordinary resolutions to the: For  Against  Discretionary  Abstain (1)  Total
1. Re-election of Geoff Davis as Director 44,434,320  37,097,399  12,494  50,243  81,594,456
2. Re-election of Ciceron Angeles as Director  81,401,433  180,529  12,494  -  81,594,456
3. Re-election of Andrew Teo as Director  81,444,188  137,774  12,494  -  81,594,456
4. Disapplication of pre-emptive rights (2)  81,539,363  40,529  10,994  3,570  81,594,456
5. Approval of issue of Performance Rights  72,686,662  7,545,541  12,494  1,349,759  81,594,456
6. Approval of Remuneration Report  71,456,655  1,765,981  12,494  8,359,326  81,594,456

Note:
(1) Votes relating to anyone who abstains on a resolution are not counted in determining whether or not the required majority of votes were cast for or against that resolution;

(2) Resolution 4 is a special resolution and requires at least a 75% majority of all votes cast by shareholders entitled to vote on the resolution for it to be carried.

ABN: 60 099 377 849



Contact Information

Medusa Mining Limited
Peter Alphonso
Company Secretary
+618 9367 0601
www.medusamining.com.au