Las Vegas, Nevada – July 11, 2016
MEDINAH Minerals, Inc. (MEDINAH) (OTCMKTS: MDMN) announces that Medinah Mining Chile S.C.M. (MMC) is transferring all of its assets to MEDINAH. These assets include a 25% equity stake in AURYN Mining Chile SpA (25,000,000 shares) and a 15% equity stake in NUOCO S.C.M. (150 shares).
MEDINAH has named Mr. Andres Merino, a Chilean mining and corporate lawyer, as the sole trustee and representative for MMC in order to accomplish this process. Subsequent to completion of the transfer MMC will have no other assets or corporate activity and will be dissolved.
Submitted on behalf of the MEDINAH Minerals, Inc. Board of Directors