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Gold/Mining/Energy : Medinah Mining Inc. (MDHM) -- Ignore unavailable to you. Want to Upgrade?

To: findstock who wrote (11195)	4/15/1999 9:23:00 AM
From: James E Lynch	Respond to of 25548

(BSNS WIRE) Medinah Completes Acquisition of Alto De Lipangue and Las Do Medinah Completes Acquisition of Alto De Lipangue and Las Dos Marias Properties in Chile Business Editors LAKE ELSIMORE, Calif.--(BUSINESS WIRE)--April 15, 1999--Purchase of the Alto de Lipangue and the Las Dos Marias properties, upon which the current diamond drilling program is being conducted, was concluded between Medinah Energy, Inc. and Senor Juan Jose Quijano. Medinah entered into an option agreement with Senor Juan Jose Quijano for the purchase of the properties in 1998. The completion of the purchase inscribes Medinah Energy, Inc. on the titles of the properties in Chile as the registered owner and concludes that part of the contract. Title was registered to Medinah Energy, Inc. for payment in full for $10,000,000 in previously issued Medinah shares, thus eliminating further share dilution. The claim titles include Gordon 1-60, Gordon 61-120, Amparo 1-40, Alta Mira 1-30, Mercedes 1-33, Juan Jose 1-25, Los Amigos 1-10, Concordia 1-20, Las Dos Marias 1-30, Lo Amarillo 1-72, Millalelfun 1-55. The delivery of the claim titles gives Medinah control over the 5,000 hectares (+12,000 acres) block. Located there is the recent Alto de Lipangue discovery diamond drill holes that intersected widths approaching 500 feet of ore grade gold/copper mineralization. Properties remaining under the option agreement include the Isle de Ipun, Caleu, Puangue and Carin placers and several other future potential acquisitions. Senor Quijano retains a 20% interest in any net profit received by Medinah from the claims. There is no net smelter royalty. For further information, contact RGM Communications Inc. at 1-800-547-9375 or access the web site at http:/www.medinahenergy.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 Energy, 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 anticipate 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. --30--lp/ny* CONTACT: RGM Communications Inc. 1-800-547-9375 http:/www.medinahenergy.com KEYWORD: CALIFORNIA INTERNATIONAL LATIN AMERICA INDUSTRY KEYWORD: ENERGY MINING/METALS MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *

To: findstock who wrote (11195)	4/15/1999 9:23:00 AM
From: OFW	Read Replies (1) \| Respond to of 25548

RELEASE JUST HIT BUSINESS WIRE: LAKE ELSIMORE, Calif.--(BUSINESS WIRE)--April 15, 1999--Purchase of the Alto de Lipangue and the Las Dos Marias properties, upon which the current diamond drilling program is being conducted, was concluded between Medinah Energy, Inc. and Senor Juan Jose Quijano. Medinah entered into an option agreement with Senor Juan Jose Quijano for the purchase of the properties in 1998. The completion of the purchase inscribes Medinah Energy, Inc. on the titles of the properties in Chile as the registered owner and concludes that part of the contract. Title was registered to Medinah Energy, Inc. for payment in full for $10,000,000 in previously issued Medinah shares, thus eliminating further share dilution. The claim titles include Gordon 1-60, Gordon 61-120, Amparo 1-40, Alta Mira 1-30, Mercedes 1-33, Juan Jose 1-25, Los Amigos 1-10, Concordia 1-20, Las Dos Marias 1-30, Lo Amarillo 1-72, Millalelfun 1-55. The delivery of the claim titles gives Medinah control over the 5,000 hectares (+12,000 acres) block. Located there is the recent Alto de Lipangue discovery diamond drill holes that intersected widths approaching 500 feet of ore grade gold/copper mineralization. Properties remaining under the option agreement include the Isle de Ipun, Caleu, Puangue and Carin placers and several other future potential acquisitions. Senor Quijano retains a 20% interest in any net profit received by Medinah from the claims. There is no net smelter royalty. For further information, contact RGM Communications Inc. at 1-800-547-9375 or access the web site at http:/www.medinahenergy.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 Energy, 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 anticipate 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. --30--lp/ny* CONTACT: RGM Communications Inc. 1-800-547-9375 http:/www.medinahenergy.com

To: findstock who wrote (11195)	4/15/1999 9:43:00 AM
From: Ken Sammut	Read Replies (3) \| Respond to of 25548

Not unusual for MDIN to announce to its email and fax list the night before and release info just before or after the market open. It will come out. Speaking of Clue, here is my theory of the chain of events. August, 1997 Relationship between Lipangue and Las Dos Marias announced. Early Feb, 1999 First hole drilled at Lipangue By March 1st G. House's assumptions about the value of the mine are starting to be confirmed. Same time period. Majors who realize it is cheaper to by up juniors in many cases are watching over MDIN's shoulders. Mid to late March. MDIN explores either Joint Venture or sale of Lipangue to a major. Late March. Major wants some test holes done on Las Dos Marias to confirm relationship. Same time period. MDIN management explores the possibility of packaging both properties but keeping the remaining 20 plus properties MDIN has claim to separate of any sale or joint venture. A publicly traded shell is looked into so these properties can be transferred into. Early April. Drilling continues on Lipangue and test holes are done on Las Dos Marias. Talks continue with Major(s). March/April Short Squeeze strategy begins to firm up as company continues to explore separating the two properties from the others. New company name and cusip. Late April. Company is trading under a different name and is either still in talks with the majors or a deal has been reached. The spin-off company also trading. Strong buying comes in just before and after the name change squeezing the shorts even more. Good news on assays continues to be released. Warning. I always lost at Clue. When I thought it was Aunt Sue in the Kitchen with a Cleaver, it was Uncle Ben in the Library with an Ice Pick. As these threads are an open forum for news and speculation, I thought I would combine all the rumors we are hearing and share them above. Ken