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

To: Mike Gold who wrote (13303)	5/6/1999 3:15:00 PM
From: superdow	Read Replies (1) \| Respond to of 25548

NO PROBLEM??? MDIN won't be issuing a dividend to those holding the 50 million phantom shares...So, how, will it be done, on a first come first served basis after those holding registered shares receive theirs? I WANT MY DIVIDEND!!! I WANT MY DIVIDEND!!! :) IF THE SEC HAS TO FIGURE THIS ONE OUT IT COULD TAKE YEARS :)

To: Mike Gold who wrote (13303)	5/7/1999 11:01:00 PM
From: Rob W	Read Replies (1) \| Respond to of 25548

Not sure if this has already been posted or not (if so please excuse the duplication) but this caught my attention on the MDIN hompage. Letter to the Shareholders May 7, 1999 Dear Medinah Shareholder: The Board of Directors would like to take this opportunity to update you with regards to the Company's activities in recent months. As President, I am pleased to make the following report: 1. Medinah entered option/purchase agreements on the Alto de Lipangue, Las Dos Marias, Ipun, Caleu and several other properties with Sr. Juan Jose Quijano a year or so ago. Work done and cash and share payment issuance's against this agreement, have earned Medinah clear title on the $10,000,000 purchase of the Lipangue and Dos Marias portion of the agreements. The remainder of the option agreement will be exercised as the properties are developed. 2. In order to assess and develop the Lipangue and Dos Marias properties, a geophysical survey, reconnaissance geology and diamond drilling programs have been completed. As noted in our news releases and confirmed by independent geologists, mining grade precious and base metal values have been discovered. Several major International Mining companies have shown considerable interest in the project and have sent their own consultants in to evaluate our findings. Project geologist, Gordon House, P.Geo., is preparing a Phase 2 work program that will include additional geophysical work combined with a new program of diamond drilling. Work to date, including surface geology, IP resistivity surveys and diamond drilling, confirms the indications of a multi-million ton ore deposit at Alto de Lipangue and separately at Las Dos Marias. In order to facilitate the exploitation of our holdings, several steps have been taken by Company Management: 1. The Board of Directors, empowered by the Shareholders at the 1997 Annual Meeting, has amended the Articles of Incorporation to rename Medinah Energy, Inc. to Medinah Mining, Inc. This name more accurately describes the Company's agenda. New CUSIP numbers are in process. 2. A new Company, Medinah Gold, Inc. was incorporated in Nevada on April 22, 1999. Medinah Gold, Inc. is a wholly owned subsidiary of Medinah Mining, Inc. (formerly Medinah Energy, Inc.). The law firm of Michael Morrison has been retained to register Medinah Gold, Inc. with the Securities and Exchange Commission to become an OTC Bulletin Board company. 3. On April 28, all mining properties, options and subsidiary holdings and related assets of Medinah Mining, Inc. (except the Lipangue and Dos Marias), were sold to Medinah Gold, Inc. 4. The Board of Directors of Medinah Mining Company approved the following dividend: Shareholders of Medinah Energy, Inc. (now Medinah Mining, Inc.) common stock will receive one (1) share of Medinah Gold, Inc. for each ten (10) shares held in Medinah Mining, Inc. (Medinah Energy) and preferred Shareholders will receive one (1) share of Medinah Gold, Inc. for each 2.5 preferred shares of Medinah Mining, Inc. Issued shares will fall under State and Federal Securities law. Record date has been set as May 7, 1999. 5. The actions of the Board will result in the following: a.Medinah Mining, Inc. now has a name reflecting the objectives of the Company (formerly Medinah Energy, Inc.). b.The accounting process to proceed with Medinah Mining, Inc. to become fully reporting, has been simplified. c.Possible roadblocks to a joint venture program and financial backing regarding the Lipangue and Dos Marias properties have been minimized. d.The structure of Medinah Gold, Inc. will enhance funding and development of the remaining properties in Chile. e.New officers and directors will concentrate efforts on all Medinah's properties. 6. MarketPulse Magazine has forecast that we were on the verge of becoming a major mining entity. That time has come. Respectfully Yours, "Larry Regis"