13th Jan 2012 16:55
Minco plc ("Minco")
Holdings in Company
Minco was notified on 9 January, 2012 that Peter McParland, a non-executive director, acquired an indirect interest in 500,000 ordinary shares of €0.0125 each ("Ordinary Shares") in the share capital of Minco. The Ordinary Shares were acquired by Quarry & Mining Equipment Ltd. (QME), a company controlled by Mr. McParland at 2.6 pence on 9 January, 2012.
About Minco
Minco PLC is an AIM quoted precious and base metals exploration and development company, engaged in zinc-lead exploration in Ireland, in proximity to the Galmoy and Tara mines, and with investments in zinc-silver projects in Mexico through holding 30 million shares in Xtierra Inc. listed on the TSX Venture Exchange (Toronto) under the symbol "XAG". Minco also holds a 2% NSR royalty on the Curraghinalt gold property in Northern Ireland which is being explored by Dalradian Resources Inc.
Minco currently holds US$20 million in cash and is evaluating a number of investment opportunities in the mineral industry in North America and Europe.
There are 349,999,988 shares of Minco issued and outstanding.
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