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Wednesday, April 04, 2012 12:45:33 AM
As reported earlier by Medinah Minerals (Chile) S.A., the sale of the 1,508 mineral claims deal is signed and several Auxiliary issues have now been clarified. Of concern were the responsibilities of the Principals to carry out proving up the properties in structured time frames, etc. The release of the first tranche of funding is imminent and will be reported immediately upon receipt. Further, the identity of Principals will be reported simultaneous to the report of funding and a complete summary of the Terms and Conditions pursuant to the sale.
The BOD's of Medinah USA do not have directors insurance. IMO
They would not put this out unless it was a dead done deal.
Relax and enjoy the ride.
My post are my personal views and should be kept as just that.
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