Medinah Minerals (MDMN)

[myrtle222]

http://www.globalgoldcorp.com/news/20090818release.php

"According to the final terms of the amendment and property transfers closed on August 14, 2009, Global Gold retains 100% of the GGV entity and of its Pureo Claims Block which is approximately 8,200 hectares and the Quijano Family received 100% of the Madre de Dios Claims Block. GGV retains the Guadaloupe site which has been prepared for initial placer mining operations. The Quijano Family is also entitled to a 3% NSR royalty interest in all metals produced from the properties retained in GGV up to a maximum of 27 million Euros, subject to repayment of $200,000 to Global Gold."


Didn't Global Gold want this property anymore?