Medinah Minerals (MDMN)

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Did MDMN lie in their Q&A?

Q&A - April 19, 2013

Q: What are the problems with the Lipangue deal? Where is our money? Tell us what is going on? Are we still NDA bound?

A: Again, Medinah Mining Chile has the lead in all negotiations with Amarant Mining Ltd., related to the 1,508 Altos de Lipangue claims. Medinah Minerals, Inc. is in a subordinate position, and not a signatory as to the Purchase and Sale Agreement, among parties, dated July 10, 2012. Medinah Mining Chile, is under a very strict Non-Disclosure Agreement. Medinah Minerals, Inc., as an affiliate, is also bound by the identical NDA terms of the signed Purchase and Sale Agreement. Although we work closely together with Medinah Mining, Chile, they hold negotiating and signing power on the contract. At this time (April 19th) we are informed that all terms and conditions of the contract are still in full force and effect and proceeding.

Yet, just 9 days earlier...

On April 10, 2013 a Final Termination Letter Notice was sent to Johan Ulander and the
Board of Amarant Mining Ltd. to abide by the Terms and Conditions of the Contract, or
be deemed in default and the Contract would become null and void.

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

http://www.otcmarkets.com/otciq/ajax/showNewsReleaseDocumentById.pdf?id=1965803480