By: CUTNRUN $$$$
Reply To: None Sunday, 22 Apr 2001 at 11:44 AM EDT
Post # of 30559
CALL YOUR BROKER!
Medinah Minerals, Inc. - Declares Dividend
Lake Elsinore, CA., April 20, 2001 . . . Management of Medinah Minerals, Inc. announces a 20% share
dividend to all shareholders of the Company.
The Board of Directors of Medinah Minerals, Inc. has declared a stock dividend to the holders of common and
preferred shares of the Company. A dividend of two non-exempt common shares, as fully paid, for each ten
common or preferred shares held by the respective shareholders as of close of business April 30, 2001 shall
be issued on June 1, 2001 as follows:
Registered shareholders of Medinah Minerals, Inc., as of record date April 30, 2001, will automatically receive
by mail, dividend shares equal to an additional 20% of the shares to which they are registered.
Non-registered or beneficial shareholders who have shares of Medinah Mining, Inc. in their brokerage accounts
that have not been converted to Medinah Minerals, Inc. may qualify for their dividend shares. They will qualify
only if their brokerage firms have complied with Medinah Minerals, Inc.’s April 4, 2001 Notice to Shareholders
and instructions issued by the Depository Trust Clearing Company and the Canadian Depository for Securities
to their participants.
All non-registered or beneficial shareholders of Medinah Minerals, Inc. who purchased shares in the open
market after March 1, 2001 under the symbol MDMN, shall be entitled to receive their dividend if their
brokerage firm has completed settlement of the market purchase(s) by close of business April 30, 2001
dividend date.
The beneficial shareholders are those entities who have complied with the Company’s requirement to surrender
their shares for exchange pursuant to Notice to Shareholders delivered March 1, 2001. Nevada Revised
Statute 78.250 operates so as to suspend the rights of shareholders until compliance. Pursuant to Nevada
Revised Statute 78.235 beneficial shareholders who have failed to surrender their shares for exchange or who
have failed to cause their brokerage firms to identify them as shareholders of record through the Depository
Trust Clearing Company, will not be entitled to the declared dividend.
The dividend shares issued shall be restricted legend shares pursuant to the United States Securities Act of
1933.
- 30 -
For further investor information, please contact Russell Godwin at RGM Communications Inc. (800) 547-9375,
(800) 774-5133, (604) 687-1414 or access the web site at medinahminerals.com
Note: This News Release may contain certain "forward-looking statements" within the meaning of the United States Securities Exchange Act of 1934, as amended.
All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and
reserves, exploration results, and future plans and objectives of Medinah Minerals, Inc. are forward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate, and actual results and future could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed under the heading "Risk Factors"
and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities |
