Medinah Minerals, Inc. (OTC PINK: MDMN) today announced that its Board
of Directors has named Vittal Karra as the Company’s new President and
Board Director, effective October 1, 2014.
Mr. Karra is a long-time Medinah Minerals shareholder. In order to
prepare and familiarize himself with his new management
responsibilities, and in an effort to further his first-hand knowledge
of Medinah Minerals properties, Mr. Karra recently completed an
extensive fact finding visit to South America, which included the
countries of Chile and Peru.
“Vittal Karra is a successful business executive who has a vast array of
business management experience in many diverse corporations. He is a
passionate humanitarian with a fervor to excel in networking and
creating profitable business enterprises. Mr. Karra brings a wealth of
knowledge and business acumen to the Company, and he will greatly
enhance and augment the short and long term corporate goals of the
organization. Mr. Karra has a competitive spirit and a sharp focus for
the future aspirations of the Company. His organizational skills will be
effective in strengthening the growth positioning of Medinah Minerals,
Inc. in the mining industry,” stated Board Member and Secretary Gregory
A. Chapin.
Mr. Karra stated, “My leadership and Board work will draw on my
corporate experience to build enduring value for Medinah Minerals. In a
world that is constantly in need of natural resources to sustain the
growth and development of world economies, the foundational needs are
often met by mineral resources. Much of the value of a mining company is
its ownership of rich mineral claims. This value is further enhanced
when the mineral claims are proven.
“Yes, there have been failed deals and past failures. But both the
individual world and the corporate world are full of lessons, for all of
us, where, despite setbacks and failures, success has triumphed. It's
time we focus our energies on the now and a future that charts to be
full of opportunities.
“During my recent fact finding mission to the countries of Chile and
Peru, I had the opportunity of being accompanied and guided by Mr. Juan
Jose Quijano during my visit to the Altos de Lipangue, the LDM and the
NUOCO groups of claims. To tread the beautiful mountain, to see and
touch the rich mineralization, and to observe the variety of rock
formations and ore stockpiles was an incredible and exhilarating
experience. It resulted in giving conviction to a purpose, to a mission,
to transform Medinah Minerals into a world class mining company.
“I am humbled at the task and responsibility given to me in assuming the
role of President and joining the Board. I am equally motivated and
passionate about instituting and deploying the world's best practices to
monetize the true value of Medinah Minerals, and thus benefit all the
different stake holders, from the largest to the smallest."
Outgoing Board Director Kyle R. Kirkland has resigned effective
September 30, 2014, to focus on other professional demands. Management
and the Board wishes to thank Mr. Kirkland for his astute contributions
during his tenure.
Dennis B. Tenney, CEO
Medinah Minerals, Inc.
Copyright Business Wire 2014