Medinah Minerals, Inc. Receives AURYN Mining Corporation Shares

Medinah Minerals, Inc. (OTCMARKETS: MDMN) (“Company”) has received its allotment of AURYN Mining Corporation (OTCMARKETS: AUMC) common shares from AURYN Mining Chile, SpA. The total amount of AUMC common shares received is 16,104,200.  These shares are currently restricted.  The Company intends on removing the restriction and allocating its AUMC shares to its shareholders, pro rata.  The Company is working with security attorneys to determine the best and most efficient method to accomplish this.

Medinah Minerals, Inc. has received and accepted the resignation of Gary Goodin from all positions with the Company.  Mr. Goodin greatly assisted the Company in uncovering a share discrepancy, guided it through the ensuing litigation and other litigated matters and facilitated the Company’s receipt of its AURYN Mining Corporation shares from AURYN Mining Chile, SpA.  The Company thanks Mr. Goodin for the leadership, business, and legal assistance that he provided.  

Raul del Solar and Italo Volante will remain as the Company’s Officers and Directors, during the process of removing the restriction on the Company’s AUMC shares and allocating those shares to the Company’s shareholders.

Lastly, Medinah Minerals, Inc., has received notification that effective March 21, 2019, American Registrar & Transfer Company was purchased by Pacific Stock Transfer Company (“PST”).  As a result, PST is now the Company’s transfer agent.

Submitted on behalf of the Board of Directors

Forward-Looking Statements

This news release contains certain forward-looking statements within the meaning of the United States Securities Exchange Act of 1934, as amended. This forward-looking information includes, or may be based upon estimates, forecasts and statements of management’s expectations with respect to, among other things, the completion of transactions, the issuance of permits, the size and quality of mineral resources, future trends for the company, progress in development of mineral properties, future production and sales volumes, capital costs, mine production costs, demand and market outlook for metals, future metal prices and treatment and refining or milling charges, the outcome of legal proceedings, the timing of exploration, development and mining activities, acquisition of shares in other companies and the financial results of the company. There can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially and substantially from those anticipated in such statements. Mineral resources that are not mineral reserves do not have demonstrated economic viability. Inferred mineral resources are considered too speculative geologically to have economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that mineral resources will be converted into mineral reserves.