To: Handshake™ who wrote (121 ) 4/20/2001 1:55:40 PM From: Handshake™ Respond to of 177 Finance Home - Yahoo! - Help -------------------------------------------------------------------------------- [ Latest Headlines | Market Overview | News Alerts ] -------------------------------------------------------------------------------- Friday April 20, 1:52 pm Eastern Time Press Release Medinah Minerals, Inc. Declares Dividend LAKE ELSINORE, Calif.--(BUSINESS WIRE)--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: 1. 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. 2. 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. 3. 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. 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. -------------------------------------------------------------------------------- Contact: RGM Communications Inc. Russell Godwin, 604/687-1414 Email this story - Most-emailed articles - Most-viewed articles -------------------------------------------------------------------------------- More Quotes and News: MDMN - news Related News Categories: mining/metals -------------------------------------------------------------------------------- Help -------------------------------------------------------------------------------- Copyright © 2001 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service Copyright © 2001 Business Wire. All rights reserved. All the news releases provided by Business Wire are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form. Questions or Comments?