News

Medinah Minerals Inc. Sells Nuoco Interest to AURYN Mining Chile SpA

February 16, 2017 — Medinah Minerals, Inc. (Medinah) (OTCMarkets: MDMN) is pleased to report the sale of its 15% interest in Compañía Nuoco Mining Chile S.C.M., to AURYN Mining Chile SpA (AURYN) for 645,000 shares of AURYN. This brings Medinah’s total interest in AURYN to 27,469,000 shares or 27.5% interest.

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Medinah Reaches Settlement Agreement with Shareholder

Medinah Minerals, Inc. (OTCMARKETS: MDMN) is pleased to announce that its aggressive investigation and legal action against Les Price, Pamela Fitzpatrick, MMC Mines Inc, GXK Ventures Inc, et al. has resulted in a settlement agreement with one of the purchasers of shares in the “scheme” referenced in the lawsuit.

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Medinah Returns AMNP Shares to American Sierra Gold Corp.

December 19, 2016 — Medinah Minerals, Inc. (Medinah) announces that it has returned 20,000,000 shares of American Sierra Gold Corp (OTCMarkets: AMNP) to American Sierra Gold Corp, without consideration. Medinah Directors Gary Goodin and Italo Volante are also directors of American Sierra Gold Corp and recused themselves from taking part in this decision. Some background information regarding the sale follows.

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MEDINAH Announces Management and Director Changes

October 18, 2016 — The Board of Directors (the “Board”) of MEDINAH Minerals, Inc. (MEDINAH) is pleased to announce the appointment of Kevin Tupper as President and Chief Executive Officer of MEDINAH effective immediately. Mr. Tupper will also serve on the Board. Gary Goodin, the former Chief Executive Officer and President, remains on the Board and has been appointed Chairman of the Board.

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MEDINAH Retains Law Firm for Forensic Audit and Improves its Capital Structure

October 2, 2016 — MEDINAH has retained the law firm of Holland & Hart to represent it and direct an independent forensic investigation into its financial and share issues. In addition, MEDINAH significantly improved its capital structure with a 92% reduction in its debt, a 4.1% reduction in its issued shares of common stock, a 38% reduction in its issued shares of preferred stock, and a 7% increase in its overall ownership of AURYN Mining Chile SpA (from 25% to 26.7%).

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MEDINAH Discovers 15c211 Discrepancies

August 23, 2016 — On June 16, 2016, the past and present Board of Directors of MEDINAH Minerals, Inc. (OTCMARKETS: MDMN) announced the initiation of a comprehensive analysis of MEDINAH’s books and records. On August 23, 2016, MEDINAH determined that there have been ongoing share issuance discrepancies with what was reported on MEDINAH’s 15c211s regarding the actual outstanding shares. Today we contacted the SEC and FINRA and are filing formal complaints regarding these discrepancies.

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Archived News

To view the archived news releases please visit OTC Markets News for Medinah Minerals, Inc.