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Wednesday, April 10, 2013 1:55:53 PM
"Business Description
Medinah Minerals, Inc. (ticker symbol MDMN) headquartered corporately in Las Vegas, Nevada, is a Junior Mining Exploration Company with properties located within the country of Chile. The Company's assets consist primarily in claims that indicate potential high-grade deposits of gold, silver, copper, and molybdenum (moly). Medinah Minerals, Inc. has a Purchase Contract to sell its Altos de Lipangue claims holdings for a final price of $180,000,000 while retaining a 15% free-carried interest in the results of mining operations on the claims.
Compañia Minera LDM Chile has commenced development of the Las dos Marias high-grade gold/copper property with Medinah Mining Chile retaining a 20% ownership interest of the Compañia Minera LDM Chile company. Medinah Minerals, Inc. has a 30% net interest in the property's production. Medinah Minerals, Inc. also owns a 10% interest in each of the Ciclon I & Ciclon II properties. Additionally, Medinah Minerals, Inc. has a 15% registered interest in the Polo claims.
Medinah Minerals, Inc. claims are fully registered with the Chilean Ministry of Mines through Medinah Mining Chile which is recognized under Chilean Mensura Mining Laws. The recently expanded properties cover an area of approximately 12,500 hectares."
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If this has changed would it not be required to make a prompt disclosure? ??
So someone please tell the shareholders what has changed!!!
Everything I post are my opinions ONLY
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