President & CEO Resignation Announcement
Resignation Announcement
Less than one year ago I contacted the Board of Directors of Medinah Minerals, Inc. (Medinah) and offered to serve as a director and as Medinah’s President & CEO. Medinah needed someone who understood the company’s history and was willing to work tirelessly along with the Board of Directors to save the company and, as much as possible, redress the actions of its former management.
On October 18, 2016, the Board of Directors appointed me as a director, President & CEO, Secretary, and Treasurer.
On, September 21, 2017, I respectfully submitted my resignation, effective September 24, 2017. I recently accepted a senior position with another company which prevents me from effectively continuing as an officer and director of Medinah.
Gary Goodin, Medinah’s Chairman of the Board, has agreed to serve as the interim President, Secretary, and Treasurer.
Accomplishments
Although my tenure was short, I believe I was successful in what I intended to accomplish. Due to a team effort amongst myself, the Board of Directors, Greg Chapin (former officer and director), and friends of the company, Medinah has survived. We have held onto our ownership percentage in AURYN Mining Chile SpA. We have settled our legal disputes with Okanadian and the Price parties in the British Columbia litigation. We have recaptured and cancelled almost all of the preferred shares and many common shares. We have returned to Current Information reporting status on the OTC Markets Pink Sheets and have filed accurate financials.
I realize not all shareholders have been pleased with the level of disclosure while I was the CEO. Although I intended to be far more verbose, legal counsel advised me to be fully transparent, but to do so only through proper financial disclosures and legal filings reported on the OTC Markets. I heeded their advice without regret, and I suggest that current management continue this practice.
Thank You
I want to thank the Board of Directors and the shareholders for their support during the eleven months I served the company. Thanks to a team effort, Medinah has survived and its shareholders have good things to look forward to as AURYN develops the Altos de Lipangue Mining District.
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