The consideration for the sale of these properties to Medinah Gold, Inc. is 11,694,033 common shares, which have be declared, effective May 7, 1999, as a dividend to all equity holders of Medinah Mining, Inc. on a ratio a 1 share of Medinah Gold, Inc. for each 10 common shares owned of Medinah Mining, Inc. and 1 share of Medinah Gold, Inc. for each 4 preferred shares of Medinah Mining, Inc.
Shouldn't that read "...common shares, which have been declared..."
Here is the link for the report whose file has today's date.
medinahenergy.com |
