Medinah Minerals Receives Notice from AURYN Mining Chile SpA of Share Distribution

Medinah Minerals, Inc. (OTCMARKETS: MDMN) has received notice from AURYN Mining Chile SpA (“AURYN”) that in the near future AURYN will be distributing to its shareholders, including Medinah, all of AURYN’s shares held in AURYN Mining Corporation (OTCMARKETS: AUMC).  AURYN’s distribution of its AUMC shares to its shareholders will be done on an ownership percentage basis.  Medinah management will issue further notification after receipt of Medinah’s AUMC shares. 

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.