Medinah Minerals Action Committee Letter April 3, 2001 Registered Share Count Update - The latest registered share count as of the close of business, Tuesday, April 3, is 371 shareholders and 73,249,870 shares. The Transfer Agent (American Registrar & Transfer Company) is still swamped with exchange requests for the Medinah Mining into Medinah Minerals share exchange. They tell us that the time period from when you send your certificates of Medinah Mining to them until you've received your registered Medinah Minerals certificates will be at least 2 weeks and that any requests for certificate exchange that arrive at the Transfer Agent's office on or before the close of business April 30th will be honored Please have patience and don't phone the Transfer Agent to inquire about your shares before the 2 weeks are over. They're working as quickly as possible!!! For those of you participating in the "buy and register" campaign; soak up any Medinah Minerals stock that has to be sold at the bid with occasional bites at the offer. Be a pro, not an amateur. Don't reach up and run the price, buy on dips and don't forget to REGISTER any stock you buy. Let's keep the pressure on the brokers to only sell you "real" shares. He who sells in the market shall buy in the market. Let's make them prove it. HERD ON THE STREET 1. Regarding the note from last week: "We received an independent "heads up" from a client of Goldman Sachs that the word is on the street in New York that several major brokerage houses in that fair city are short Medinah "big time". It turns out that this private Email lead was planted by an Internet basher. Acting as an agent provocateur, he pulled a "dirty trick" that would have made former President Richard Nixon proud. His tricky Dick "trick' was intended to destabilize the Action Committee's creditably, but ironically his lead prodded us to source other informational contacts to confirm his comment and as a result we subsequently found MORE than two New York brokerage houses that were short Medinah Minerals shares. How ironic and strange does life work. We get to meet such nice people with this Company. Thanks for the tip Mikes_Gold. 2. We heard about a client of Quick & Reilly, New York, who was contacted by the firm, told that they couldn't get the share certificates of the Medinah Minerals shares that he had purchased and did he want his money back. He had a brain-freeze and said, "Yes"…… So, there is with his money in his hand, and his brokerage house escaping a charge of fraudulent trading. 3. We've heard a number of reports regarding registered shareholders that after going through the trouble of registering their Medinah Mining, and going through the trouble of exchange their shares into Medinah Minerals, have also had a brain-freeze by depositing their registered shares into their margin or cash account. WRONG THING TO DO. In addition to having these shares go to the DTC and therefore allowing short sellers to paper cover their short positions, you now have no more rights as a registered shareholder because you're now de-registered. If you wish to sell some shares, fine, that's up to you, but only place with your broker a certificate covering the number of shares you wish to sell. If you have a large number of shares in one certificate, when you send it in for exchange, break it up into smaller numbers. If you know any one who'd like to receive these updates, please give them our Email address (located at the bottom of this page), then they can send us a note with their name, Email address and contact phone number and we'll be happy to include their name on our list. Please exchange your shares!!!! BE PART OF THE SOLUTION, NOT PART OF THE PROBLEM. EXCHANGE YOUR SHARES! RGM Communication Inc. Fax: (604) 687-4611 Email: rgodwin@rgm.com or: Fax (503) 692-6787