Medinah Minerals, Inc. Announces the Acquisition of 100% Ownership of the Shares of Medinah Mining Chile
August 27 2013 - 2:10PM
Business Wire
Medinah Mining Chile has now been restructured in order to
facilitate a new Joint Venture Agreement. Medinah Minerals, Inc.
(OTC/PINK: MDMN) has contractually purchased 100% of the ownership
shares from each of the parties of Medinah Mining Chile. Medinah
Mining Chile has acquired twenty-one additional properties,
including 100% ownership of the entire Gordon breccia. The
consolidation of these claims now formulate the definition of
certain properties identified as the Altos de Lipangue group of
breccia claims to be entered into the Joint Venture Agreement.
The trade of all of the outstanding shares of Medinah Mining
Chile to Medinah Minerals, Inc. was transacted by the issuance of
35 million non-voting Restricted Class āCā Preferred Shares of
Medinah Minerals, Inc.
South American Mining MediaRoberto de Silva,
702-727-8235Roberto@southamericanminingmedia.comhttp://www.medinah-minerals.com
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