Minco PLC: Notice of Annual General Meeting
September 2, 2013 (Source: Minco PLC) — Minco PLC (AIM – “MIO”) (the “Company” or “Minco”) announces that it is today posting a notice to shareholders convening the annual general meeting of the Company (“AGM”) for 11.00 A.M. on Thursday, 26 September, 2013 at the Burlington DT Hotel, Upper Leeson Street, Dublin 4, Ireland.
Minco is today also posting to shareholders an Interim Report of operations. The notice of AGM will be available on www.minco.ie in accordance with AIM Rule 26.
Minco Plc, registered in the Republic of Ireland and listed on the AIM of the London Stock Exchange (“MIO”), is premier base metals exploration and development company with advanced projects in established mining jurisdictions in eastern Canada. The Company is also engaged in zinc-lead exploration in the United Kingdom and Ireland. Minco holds investments in zinc-silver projects in Mexico through a holding of 30 million shares (approximately 29%) in Xtierra Inc. listed on the TSX Venture Exchange (TSX.V-“XAG”).
On 16 July 2013, Minco acquired Buchans Minerals Corporation (“Buchans Minerals”) which consolidated Minco’s ownership of Buchans Minerals advanced exploration assets, being the Lundberg Project in central Newfoundland and the Woodstock Manganese Project in New Brunswick. Minco owns
100% of the Lundberg base metal project and the Woodstock manganese project, in addition to Minco’s existing exploration projects in the UK and Ireland.
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On 30 July 2013, Minco acquired the Bobbys Pond Property which hosts a zinc-copper-lead deposit located adjacent to Minco’s 100% owned Buchans properties in central Newfoundland. The Bobbys Pond Property is located within 17 kilometres of Minco’s Buchans project and 9 kilometers from Minco’s Daniel’s Pond property.
Minco also holds a 2% NSR royalty on the Curraghinalt gold property in Northern Ireland, which is being explored by Dalradian Resources Inc. (TSX-“DNA”).
Minco has US$12.7 million in cash and is also evaluating a number of other investment opportunities in the minerals industry in North America and Europe.
There are 478,142,180 shares of Minco issued and outstanding.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>