http://finance.yahoo.com/news/HDS-International-Provides-prnews-2510521309.html?x=0&.v=1

MEDINAH MINERALS INC.
JUAN JOSÉ QUIJANO FERNÁNDEZ
ABOGADO
Shareholder Update – August 19, 2011

Dear Shareholders:

Management of Medinah Minerals (Chile) S.A. has, today, issued a demand performance time frame to the Joint Venture Agreement partners to complete the initial funding portion of the signed JVA Agreement. This final extension period mandates that the JVA partners must release the JVA funding within 20 working days from August 19, 2011. The previous extension periods granted to the Joint Venture Agreement partners, have not, as yet, resulted in the JVA partners continuing efforts to complete the funding provision of the Agreement.

While the JVA partners, pursuant to Non-Disclosure and Non-Circumvention legal mandates, will not allow disclosure of their names and/or proprietary information, the terms of the intended JVA transaction can now be released. The JVA calls for a $74,000,000 (seventy-four million) dollar entry purchase for only 30% percent of the Altos de Lipangue Limitada holding(s). The JVA terms are as follows:

1. Initial tranche of net $24,000,000 (twenty-four million) dollars.

2. $14,000,000 (fourteen million) dollars are allocated for exploration; $10,000,000 (ten million) dollars to Medinah Minerals (Chile) S.A. property owners.

3. Upon completion of the exploration phase and receipt of a qualifying geological report(s), a further tranche of $50,000,000 (fifty million) dollars to Medinah Minerals (Chile) S.A. property owners.

4. Additional funding, after exploration and qualification of "proven reserves" to full-scale production of up to $500,000,000 (five-hundred million) dollars.

5. There is NO stock consideration, past, present or future, attached or conditioned to the benefit of the Joint Venture Agreement partners.

6. There has been NO additional drilling done on the Altos de Lipangue property by Medinah Minerals (Chile) S.A. or the JVA partners. All 28 drill holes, either drilled to depth or abandoned, were completed previously.

Señor Juan José Quijano, representing Medinah Minerals (Chile) S.A., negotiated the retention of a 70% continuing ownership in the Altos de Lipangue claims. Medinah Minerals, Inc. (USA) retains a 50% ownership interest in Medinah Minerals (Chile) S.A. In order to understand Medinah Minerals (Chile) S.A.'s reluctance to issue such a demand ultimatum, one needs to understand the tremendous retained benefits the Joint Venture Agreement would provide to Medinah Minerals (Chile) S.A. and Medinah Minerals, Inc. (USA) shareholders as compared to many previous Joint Venture proposals.

Should the present JVA partners fail to release the long-awaited funding, Medinah Minerals (Chile) S.A. will vacate the deal and seek compensations. Contingent offers are now being received and reviewed. As current metal prices have increased in valuation the “intended reserves,” verified through a host of prior appraisal entities, shows an enhancement of the value of the Altos de Lipangue property holdings. But, the valuations are still in the ground and must be further defined through exploration and property development.





Juan José Quijano Fernández
President/CEO



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.

http://www.medinah-minerals.com/

MEDINAH MINERALS INC.
JUAN JOSÉ QUIJANO FERNÁNDEZ
ABOGADO
Shareholder Update – August 19, 2011

Dear Shareholders:

Management of Medinah Minerals (Chile) S.A. has, today, issued a demand performance time frame to the Joint Venture Agreement partners to complete the initial funding portion of the signed JVA Agreement. This final extension period mandates that the JVA partners must release the JVA funding within 20 working days from August 19, 2011. The previous extension periods granted to the Joint Venture Agreement partners, have not, as yet, resulted in the JVA partners continuing efforts to complete the funding provision of the Agreement.

While the JVA partners, pursuant to Non-Disclosure and Non-Circumvention legal mandates, will not allow disclosure of their names and/or proprietary information, the terms of the intended JVA transaction can now be released. The JVA calls for a $74,000,000 (seventy-four million) dollar entry purchase for only 30% percent of the Altos de Lipangue Limitada holding(s). The JVA terms are as follows:

1. Initial tranche of net $24,000,000 (twenty-four million) dollars.

2. $14,000,000 (fourteen million) dollars are allocated for exploration; $10,000,000 (ten million) dollars to Medinah Minerals (Chile) S.A. property owners.

3. Upon completion of the exploration phase and receipt of a qualifying geological report(s), a further tranche of $50,000,000 (fifty million) dollars to Medinah Minerals (Chile) S.A. property owners.

4. Additional funding, after exploration and qualification of "proven reserves" to full-scale production of up to $500,000,000 (five-hundred million) dollars.

5. There is NO stock consideration, past, present or future, attached or conditioned to the benefit of the Joint Venture Agreement partners.

6. There has been NO additional drilling done on the Altos de Lipangue property by Medinah Minerals (Chile) S.A. or the JVA partners. All 28 drill holes, either drilled to depth or abandoned, were completed previously.

Señor Juan José Quijano, representing Medinah Minerals (Chile) S.A., negotiated the retention of a 70% continuing ownership in the Altos de Lipangue claims. Medinah Minerals, Inc. (USA) retains a 50% ownership interest in Medinah Minerals (Chile) S.A. In order to understand Medinah Minerals (Chile) S.A.'s reluctance to issue such a demand ultimatum, one needs to understand the tremendous retained benefits the Joint Venture Agreement would provide to Medinah Minerals (Chile) S.A. and Medinah Minerals, Inc. (USA) shareholders as compared to many previous Joint Venture proposals.

Should the present JVA partners fail to release the long-awaited funding, Medinah Minerals (Chile) S.A. will vacate the deal and seek compensations. Contingent offers are now being received and reviewed. As current metal prices have increased in valuation the “intended reserves,” verified through a host of prior appraisal entities, shows an enhancement of the value of the Altos de Lipangue property holdings. But, the valuations are still in the ground and must be further defined through exploration and property development.





Juan José Quijano Fernández
President/CEO



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.

http://www.medinah-minerals.com/

Seems like a roll of the dice whether the cash is delivered to seal the deal.........if they have not by now.........will 20 days make a difference.

anyone care to weigh in on the rumor that the impending LOI of just that ...a rumor floated to allow longs to exit at higher prices...once CDCH was tossed from the larger JV..........and that there is nothing at all pending here.

It is obvious that the unconscionable decision to offer nothing but cryptic detailess updates has led to a merciless sell off of even devoted. People can take so much. Do any of these BODs give two cents about shareholders...........

Where the heck is the BOD before the entire equity of the company has evaporated. unconscionable as I said is what has transpired

Unconscionable is the only word to describe mgt's behavior in regards to allowing a complete collapse of the price to occur without at least attempting to issue some information that could be beneficial. Enough with the NDA bS.....no company worth a dime would allow this to happen to long time holders without stepping in and at least trying to help.

SAPX....Pool Boys released by American Pie folks who grossed 800 mil with those films................back to multi dollars.

SAPX film will be a winner...American Pie series grossed 800 mil. Pool Boys same crew.............

SAPX...Pool Boys should break the bank like the American Pie series. Someone posted those grossed 800 Million box office.

So much for partners signing off in Chile last week. More faulty rumors which has been par for the course in this potential scam.

Is it not fair to question whether this deal is dying based on the lenght of time and foggy updates monthly which provide nothing more than generalized excuses.

Is this a scam........does anyone really know the truth.........what a crazy story of a huge JV that has been floated for years with no closure of any kind.

Is this a scam? Does anyone know the truth? No stock that has a $50 million LOI pending sells off to worthless levels.

Well at least mgt. will need to switch out the word 'months delays' for 'years' in a little bit. Hard to believe this wasn't all a ploy to frontload, prop uo with rumors and unload. Back to zero value in a flash. Faces who loaded up friends and family disappear as usual but never claim to incur anything but a profit.

SAPX... on watch for a big rebound.....way thin

SAPX has a nice start today.

7 Arts........so oversold coming off bottom it is not funny. May not become another Carolco but this film co. is solid. Easy rebound to $2-$3 and they like to put our news frequently.

SAPX...........agree.....reversal and run back over $2

SAPX back to $2s soon..............reversal and over sold.......

SAPX.....this is going much higher again........sold off to historical low levels.....should see $2 level fast...

What ever happened to the whale buying?

They can string this on for years with periodic updates and Q & A. I am amazed that folks fall for it for the zillionth time and now are on the watch again. Same story different month...

Well this symbol crap is fabrication until a symbol is produced.

Guess no whale gonna help on this one.

DMPD...why did they ever bother with that S filing.....nothing has ever transpired....I thought Lowtrade has pegged this for a potential run or story at some point.

DMPD ...what ever happened to this supposed play?

To think this weekend is Memorial Day and folks were expecting cash in January. Unbelievable is the right word...........how does anything at this stage hold credibility........

Still in and watching....I believe something will eventually drive this much higher....they did not go through the filings for no good reason.

CXM...anyone know what ever became of the clearance for excellagen. This stock looked promising but they never put out any news at all......only update through the filings on happenings....

Are they really in touch with the JV partner daily? And is the partner working diligently to accomplish this as suggested? Just hard to really believe that is true after so many months. They need to stop with the misleading home page PRs which lead folks to believe money is coming soon. 5 months so far is not soon.

SO a few more weeks and it will be half a year since the PR about the JV. It is incredible to go back and read the news releases and realize there is still no receipt of the money. How can anyone believe anything put out at this point even if truthful. Half a year....it may be 2012 at this rate.

Does anyone know if there was truth to monies starting to be released from the funding source and that we are someone in line? As this was the word over one week ago and nothing yet...............who knows? I fully expect to read a 'we are in a good position' post any day............like clockwork

Regardless of where the truth is with the tranche this has become an immeasurable embarrassment to the company. I wonder what the latest PR will be as they keep having to be positive and string things along when obviously the failure to deliver to date has taken on a life of its own. They appear as clueless as the common shareholder. I just do not understand the obsession with folks trying to push insiders for information as it inevitably leads to misinterpretation and disappointment. It's outrageous this has gone on this long.

Is DM still in business? What ever happened to the Aliano venture? Wow........this is deadly silent.

4 weeks since the last update...as of this writing, etc.

This cash may very well land one of these days but it is laughable that 4 months have already passed since they were expecting the tranche. 4 months of conjecture and rumor and nothing concrete as to when this may happen. I am sure it will but IMO this is a joke that it's gone on so long.

This is a snail for sure but with the capital investment by Triage and others and a strong board with equity investment like Sadowsky there must be something to come here as painful as it is now.

This will likely be at warrant prices in a few days at this rate......