Medinah Minerals, Inc. Names Vittal Karra as New President and Board Director
September 30 2014 - 4:44PM
Business Wire
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, CEOMedinah Minerals, Inc.
South American Mining MediaRoberto de Silva,
702-727-8235Roberto@southamericanminingmedia.comhttp://www.medinah-minerals.com
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