Medinah Minerals (MDMN)

[Hurricane_Rick]

How the Auryn/Cerro news relates to MDMN -

With Auryn's previously-stated intention to go public to access the US capital markets, they could do so quickly, easily and most cost effectively by reverse merging into a clean US shell. In this case, it appears that shell would be CDCH.

The fact that CDCH now shares the same BOD as MDMN and Auryn granted CDCH the same 0% lifeline loan to CDCH that they did to MDMN, without having any (publicly disclosed) significant shareholders in Cerro Dorado, indicates that Auryn has a somewhat vested interest in seeing CDCH survive. CDCH is a far cleaner shell and doesn't have all of the legal and structural baggage that MDMN is currently mired in. Auryn could reverse merge into Cerro, dilute current CDCH shareholders by 95% (because CDCH owns 5% of Auryn) and then MDMN shareholders would eventually convert their shares into CDCH shares once the MDMN share counts are finalized/verified.