Medinah Minerals Action Committee Letter

May 7, 2001

Registered Share Count Update: - The Transfer Agent (American Registrar
& Transfer Company) is very busy processing the brokerage house requests
for exchange and should be finished, so we hear, today or tomorrow.
Shortly thereafter we should have the total registered shareholder
number.

In the meantime we'd like to track shareholders attempts to have their
brokerage house comply with Medinah's request to submit their client's
"street" shares for registration. If you will, could you Email us at
rgodwin@rgm.com or Fax at (604) 687-4611 the following information.

1. A list the shares bought (MDHM or MDMN)
2. The name of the client account used to purchase the shares
3. The date of purchase
4. The name of the brokerage house used for the purchase
5. A contact telephone number for you.

We'll have Medinah go through the broker's lists and if you're not
listed as a registered shareholder, we'll then be able to contact you
and let you know of this fact.

Don't forget we still conducting our Buy and Register Program. On April
25 there were 4.1 million shares traded and we know that members of the
program bought more than 3 million of that total. Each time we buy more
shares with the price of the share stable, the short position becomes
larger and larger. More than 38.8 million shares of Medinah Minerals
were traded during the months of March and April. When and how do the
brokerage houses expect to make good on the delivery of those shares to
the buyers?

Medinah Gold, Inc. Registering: In addition to Medinah Mining, a lot of
the people that we're talking to haven't received their shares of
Medinah Gold, so, we've uploaded a Medinah Gold certificate request form
to the News page of the Web site for your convenience. The form can be
accessed directly using the address below. Call for its delivery to you
right away.

http://www.medinahminerals.com/misc/request_for_MGcertificate.html

HERD ON THE STREET

1.    Medinah has received information from over ten brokerage houses
that they have, through this exercise of the exchange of Medinah Mining,
found themselves inadvertently short of Medinah Minerals shares. They
have been honest about it, identified the problem and are correcting the
imbalance as soon as the DTC lifts the "chill" on member transfers. They
are also looking to collect on the trades that have happened with
Medinah Minerals since March 1 and will clean up the "failed delivery"
of those shares as quickly as possible.

2.    It looks like E*Trade, Ameritrade and Intrepid Securities are
trying to pull a fast one on their clients. They insisted that the
Medinah's Transfer Agent sent their client's registered shares to their
head office. Now they are demanding that their clients' sign a blank
stock (shares) Power of Attorney (P.A.) before they'll send to the
clients their 100% owned shares. This is nonsense. Isn't it obvious that
they want to have the P.A. so as to turn the shares back to the Transfer
Agent, change the ownership into E*Trade etc., cover part of their short
stock position with the street stock and then give an excuse to the
client such as, "The certificate got lost in the mail" or the famous
"The dog ate it". By the time the client gets his Medinah Minerals
certificates and his dividend shares (five months or more later), the
brokers will have covered their position at a lower price than they
would have in a fair and honest market, if at all. It sounds like the
old technique of "swirling shares for confusion and profit".

One problem with their trick, the Board of Directors of Medinah Minerals
anticipated someone would try this and instructed their agent, American
Registrar & Transfer Company, to only accept for ownership transfer an
originally signed and Medallion guaranteed signature on any certificate
presented. No Power of Attorney accompanied certificates are allowed.
Sorry E*Trade, etc. Medinah doesn't play that game.

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 register your shares!!!!

BE PART OF THE SOLUTION, NOT PART OF THE PROBLEM. REGISTER YOUR SHARES!

RGM Communications Inc.
Fax: (604) 687-4611
Email: rgodwin@rgm.com
or: Fax (503) 692-6787