Hurricane_Rick
12 years ago
On Friday, Medinah Minerals announced that it acquired a 20% interest in Sociedad Contractual Minera American Medinah Gold (AMG), the property owner of the JOTA group of claims in Chile. AMNP is a 10% co-owner in AMG (and the JOTA claims) via their recent merger with Medinah Gold.
You will see in the AMG's Certificado filed with Chile's Ministry of Mines, that Medinah Gold (AMNP) is listed as a 10% owner in AMG.
And as an FYI, here is a list of claims for the JOTA property.
What may be of interest to AMNP shareholders in this update, is that Medinah reports that "in late January into Early February 2013, the JOTA claims were subject of an extensive filming by the Discovery Channel Television Producers." Medinah shareholders for weeks have been following the Twitter and Facebook updates posted by various members of Gold Rush's Hoffman crew for clues confirming that the Gold Rush crew was filming on the JOTA property in Chile.
Last night on the Gold Rush finale, The Discovery Channel confirmed the Hoffman crew's involvement with JJ and the JOTA property when they played a 30 second or so teaser regarding the Hoffman crew's latest "adventure" in South America. The clip showed JJ Quijano, one of the co-owners of AMG and the JOTA property, in a helicopter with the Hoffmans commenting on the property.
The show is planned on airing in March, so that will provide AMNP and MDMN shareholders with some free publicity and also a first-hand opportunity to view footage of how the JOTA property looks and how they go about mining it on a small scale for the show.
LJ Silver
12 years ago
8K filed..... Just an FYI
LJ
http://www.sec.gov/Archives/edgar/data/1415432/000118518512002699/americansierra8k112912.htm
Termination of a Material Definitive Agreement.
On November 29, 2012, American Sierra Gold Corp. (the “Company”) and its wholly owned subsidiary American Sierra Gold Merger Corp., a Nevada Corporation, (“MergerSub”) terminated the Agreement and Plan of Merger entered into with Medinah Gold, Inc., a Nevada corporation, (“Medinah”) on August 13, 2012 (the “Merger Agreement”). As a result of the termination, the Company withdrew the registration statement on Form S-4, filed on October 31, 2012 with the Securities and Exchange Commission. The Company, MergerSub and Medinah mutually agreed to the Merger Agreement’s termination and there are no early termination penalties incurred by any of the parties for doing so.
Pursuant to the Agreement, Medinah would have merged with and into MergerSub, each outstanding share of common stock, par value $0.001, of Medinah would have been converted into the right to receive the one share of common stock of the Company, on a one-for-one basis and MergerSub would have been the surviving corporation in the merger. Each share of common stock issued would have been duly authorized, validly issued, fully paid and nonassessable. Upon conversion, each share of Medinah common stock would have been canceled, retired and cease to exist. Per the Merger Agreement, the Company expected to issue approximately 64,061,040 shares of common stock to Medinah shareholders as part of the merger’s consideration.
The Company now plans to offer an exchange of securities directly with Medinah shareholders on terms and conditions similar to those found in the Merger Agreement.