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Microcap & Penny Stocks : The short squeeze of a lifetime! Medinah Energy MDHM -- Ignore unavailable to you. Want to Upgrade?


To: Handshake™ who wrote (121)4/20/2001 1:55:40 PM
From: Handshake™  Respond to of 177
 
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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.

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Contact:

RGM Communications Inc.
Russell Godwin, 604/687-1414

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More Quotes and News: MDMN - news
Related News Categories: mining/metals

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To: Handshake™ who wrote (121)5/3/2001 6:12:34 AM
From: Don Pueblo  Respond to of 177
 
What's that funny smell? Do you smell something?