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  4. Medinah Minerals Inc (MDMN) Message Board

MDMN 10% Stock Dividend Although I'm rarely o

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Post# of 689
Posted On: 03/14/2012 1:30:23 PM
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Posted By: Big Tuna

MDMN 10% Stock Dividend 




Although I'm rarely one to ever get excited about a stock dividend, THIS particular dividend declared by MDMN has me excited because I'm not able to add an additional 10% to my position on the open market. As many of you know, I am expecting and hoping to see MDMN trading in the $1.00+ level into the middle of April..... And NOPE, I'm not on crack, lol.  I've been in MDMN as low as .005 and watched as management built this pink sheet, junior mining exploration company. MDMN is now transitioning from an exploration company to a mining production company. GLTA





Shareholder Update - March 14, 2012


Mar 14, 2012


OTC Disclosure & News Service


Las Vegas, NV -


SHAREHOLDER UPDATE


March 14, 2012


 


 


Dear Shareholders:


 


The Company held a General Meeting of Shareholders in Las Vegas, Nevada on February 12, 2012 wherein the attending and proxy shareholders, constituting a voting quorum, unanimously approved a stock dividend of One Common share for each Ten Common shares owned as of the record date of April 2, 2012.


 


The American Registrar & Transfer Co. will distribute One Common share for each Ten Common shares owned on April 2, 2012 to Shareholders of Record, and also to Cede & Co., who will distribute the dividend to the applicable Brokerage firms.  The Brokerage firms will then accommodate their clients to receive the Medinah dividend distribution.



The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.




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