A major shareholder placed 10% of Medusa Mining, on Friday 9th October. The placing was managed by Fairfax I.S. in London and Euroz Securities in Australia. This placing of existing stock was over-subscribed, placed at a 3.9% discount to the ASX market close, and brought multiple significant new UK institutional shareholders to the stock for the first time.

Fairfax is Nominated Adviser and Joint Broker to Medusa Mining.