EMED Mining Public Limited: CORRECTION - Exercise of Options

NICOSIA, CYPRUS -- (Marketwired) -- 06/18/13 --

 EMED Mining Public Limited (AIM: EMED) (TSX: EMD)

                                                          18 June 2013

                       EMED Mining Public Limited

                    ("EMED Mining" or the "Company")

                          Exercise of Options

                              Correction

The Company announces that the Exercise of Options announcement
released earlier today stated an incorrect number of Ordinary Shares of
11,8000,000 held by Mr Anagnostaras-Adams, and it should have read
11,800,000. All other information in the announcement was correct. A
copy of the full amended announcement is below.

EMED Mining Public Limited, the Europe-based minerals development and
exploration company, announces that it has received notice that a
number of its employees, directors and advisers exercised options over
6,533,000 ordinary shares of 0.25 pence each in the capital of the
Company ("Ordinary Shares"). All of these options were originally
granted on 22 March 2009 and have an exercise price of 4.13 pence per
Ordinary Share.

Of the options that have been exercised, options over 1,000,000
Ordinary Shares were exercised by EMED Mining's Chairman, Ronnie
Beevor; options over 2,000,000 Ordinary Shares were exercised by
Semarang Limited, a company associated with Harry Anagnostaras-Adams,
EMED Mining's Managing Director; options over 1,500,000 Ordinary Shares
were exercised by EMED's Finance Director, John Leach; and options over
500,000 Ordinary Shares were exercised by non-executive director
Ashwath Mehra. All directors retained the shares.

Following the above exercise of options, Mr Beevor has a beneficial
interest in 8,400,000 Ordinary Shares; Mr Anagnostaras-Adams 11,800,000
Ordinary Shares; Mr. Leach 3,960,000 Ordinary Shares; and Mr. Mehra
500,000 Ordinary Shares representing 0.71%, 1.00%, 0.33% and 0.04%
respectively of the Company's issued share capital following the issue
of the Ordinary Shares pursuant to the exercise of options.

The Company has made application to the London Stock Exchange for
6,533,000 new Ordinary Shares to be admitted to trading on AIM
("Admission"). It is expected that Admission will become effective on
or about 21 June 2013.

Following the issue of Ordinary Shares pursuant to the exercise of
options, the Company will have 1,183,698,948 Ordinary Shares in issue.

Enquiries

EMED Mining            Harry Anagnostaras-Adams       +357 9945 7843

RFC Corporate Finance  Stuart Laing                   +61 8 9480 2500

Fox-Davies Capital     Susan Walker                   +44 203 463 5028

Bishopsgate
Communications         Nick Rome                      +44 207 562 3350

Proconsul Capital      Andreas Curkovic               +1 416 577 9927

Note re US Securities

The Ordinary Shares have not been and will not be registered under the
United States Securities Act of 1933, as amended (the "U.S. Securities
Act"), or any U.S. state securities laws and may not be offered or sold
in the United States absent registration or an available exemption from
the registration requirements of the U.S. Securities Act and applicable
U.S. state securities laws. No securities commission has approved or
disapproved the contents of this press release.





                    This information is provided by RNS
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