24th Feb 2011 10:38
24 February 2011
Minco Plc
EXERCISE OF WARRANTS
Dublin, 24 February, 2011 - Minco Plc (London AIM | MIO), reports that Optiva Securities Limited have exercised 448,000 Warrants of Minco at £0.03 per warrant for total proceeds to the company of £13,440. New ordinary shares (448,000) will be issued and application has been made for the new shares to be admitted to trading on AIM, which is expected to occur on 1 March 2011.
About Minco
Minco PLC is an AIM quoted precious and base metals exploration and development company engaged in zinc-lead exploration on the Pallas Green property in Ireland in a joint venture with Xstrata Zinc and investments in zinc‐silver projects in Mexico through an equity holding in Xtierra Inc. listed on the TSX Venture Exchange (Toronto) under the symbol "XAG".
For further information, www.minco.ie or contact:
| |
John Kearney: Executive Chairman
| +1 416 362 6686 |
Terence McKillen: Chief Executive
| +1 416 362 8243 |
Danesh Varma: CFO & Company Secretary
| +44 (0) 8452 606 034 |
Minco - Ireland Contact: Peter McParland | Maria Flood | +353 (0)46 907-3709 |
John Frain/Fergal Meegan: (NOMAD) Davy
| +353 (0)1 6796363 |
Barry Gibb/ Saif Janjua: (Corporate Advisor | Broker) Beaufort International | +44 (0)20 7930 8222 |
Related Shares:
Minco PLC