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Medinah Minerals, Inc. NEWS RELEASE
   
 

Medinah Minerals Issues Shareholder Update

LAS VEGAS, Nov 21, 2008 (BUSINESS WIRE) -- Medinah Minerals, Inc. (Pink Sheets: MDMN) President Juan Jose Quijano Fernandez today issued the following letter to shareholders:

Dear Medinah Minerals, Inc. Shareholders:

Medinah Minerals, Inc. recently finalized its Company operations move from Vancouver, British Columbia, and is now domiciled in new corporate headquarters located in Las Vegas, Nevada. Several Medinah shareholders have taken the opportunity to visit our business offices located in the Howard Hughes Corporate Center located at 3960 Howard Hughes Parkway, Suite 500, Las Vegas, Nevada 89169.

Medinah Minerals, Inc has entered into an Investor Relations contract with Mr. James Stock of Stock Enterprises. Mr. Stock will actively feature Medinah's interests from the Company's corporate offices. Mr. Stock can be reached Monday-Friday at 702-990-3770.

Current worldwide monetary problems are well known to all our investors; however, there are no impediments relative to the ongoing process to conclude a Joint Venture Agreement, despite the fear-ridden global macro- and micro-economic meltdown. Medinah remains well positioned due to the economic viability of the properties, the size of the discovery and its mineral content, easy access to ancillary mining and equipment services, and continued long-term demand for commodities.

Company President, Juan Jose Quijano Fernandez, continues to progress in daily negotiations with real Joint Venture Agreement interested parties; Senor Quijano is now concentrating his efforts to finalize the Company's Joint Venture Agreement with the leading contender, and has moved well beyond the time frame of accepting or evaluating any further offers. The process to conclude a Joint Venture Agreement has been an arduous journey filled with many impediments. But, we are extremely confident that the end product will have been worth the long wait for our loyal shareholders.

Once the Joint Venture Agreement is concluded, we will aggressively turn our attention to an informational campaign to be implemented with an intelligent media-relations agenda. This will also include a potential share buyback program in order to maximize shareholders' gain(s), and hopefully punish the illegal naked shorting schemes that have polarized our Company for many years.

The Global Gold project, wherein Medinah Minerals, Inc. participates with a 5% ownership interest, has now advanced to the testing of representative material being processed by machinery manufacturers. This process will determine the best concept to enhance recovery methods. Plant build out to start processing material is anticipated by the close of 2008.

Respectively,

Juan Jose Quijano Fernandez, President

SOURCE: Medinah Minerals, Inc.

Copyright Business Wire 2008




Note:  This News Release may contain certain “forward-looking statements” within the meaning of the United States Securities Exchange Act of 1934, as amended.  All statements, other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Medinah Minerals, Inc. are forward-looking statements that involve various risks and uncertainties.  There can be no assurance that such statements will prove to be accurate, and actual results and future could differ materially from those anticipated in such statements.  Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed under the heading “Risk Factors” and elsewhere in documents filed from time to time with the United States Securities and Exchange Commission and other regulatory authorities.

 


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