Results of AGM held 17 May 2016

Resolution 4:

"That, for the purposes of Listing Rule 7.4 and for all other purposes, shareholders approve and ratify the November 2015 allotment and issue of a total of 250,000,000 Shares in the Company."

Valid proxies received:

· 485,189,598 votes for the Resolution

· 9,183,548 votes appointed the Chairman as Proxy

· 9,168,851 votes against the Resolution

· 1,277,156 votes abstaining

More than 50% of votes were cast in favour of this resolution.

Resolution 5:

"That, for the purposes of Listing Rule 7.4 and for all other purposes, shareholders approve and ratify the April 2016 allotment and issue of a total of 250,000,000 Shares in the Company."

Valid proxies received:

· 483,922,322 votes for the Resolution

· 8,782,598 votes appointed the Chairman as Proxy

· 9,763,327 votes against the Resolution

· 2,350,906 votes abstaining

More than 50% of votes were cast in favour of this resolution.

Resolution 6:

"That, for the purposes of Listing Rule 7.4 and for all other purposes, shareholders approve and ratify the prior allotment and issue of a total of 50,000,000 Shares in the Company to RMB Australia Pty Ltd (RMB) as an exclusivity fee in relation to acquisition of all the issued securities of Minera Seafield SAS (Minera Seafield)."

Valid proxies received:

· 433,878,706 votes for the Resolution

· 9,377,074 votes appointed the Chairman as Proxy

· 10,286,217 votes against the Resolution

· 1,277,156 votes abstaining

More than 50% of votes were cast in favour of this resolution.

Resolution 7:

"That for the purposes of Listing Rule 7.1 and for all other purposes, approval is given for the Company to be authorised to issue and allot 350,000,000 Shares to RMB (RMB) as part consideration for the acquisition of all the issued securities of Minera Seafield."

Valid proxies received:

· 439,602,934 votes for the Resolution

· 9,651,690 votes appointed the Chairman as Proxy

· 5,240,706 votes against the Resolution

· 323,823 votes abstaining

More than 50% of votes were cast in favour of this resolution.

Resolution 8:

"That for the purposes of Listing Rule 7.1A and for all other purposes, the issue of up to 10% of the Company's share capital calculated in accordance with Listing Rule 7.1A is approved."

Valid proxies received:

· 481,644,914 votes for the Resolution

· 9,377,074 votes appointed the Chairman as Proxy

· 13,467,967 votes against the Resolution

· 329,198 votes abstaining

More than 75% of votes were cast in favour of this resolution.

Philip W Killen

Company Secretary

Forward Looking Statement

All statements other than statements of historical fact included in this announcement including, without limitation, statements regarding future plans and objectives of Metminco are forward-looking statements. When used in this announcement, forward-looking statements can be identified by words such as ''anticipate", "believe", "could", "estimate", "expect", "future", "intend", "may", "opportunity", "plan", "potential", "project", "seek", "will" and other similar words that involve risks and uncertainties.

These statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding future events and actions that, as at the date of this announcement, are expected to take place. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond the control of the Company, its directors and management of Metminco that could cause Metminco's actual results to differ materially from the results expressed or anticipated in these statements.

The Company cannot and does not give any assurance that the results, performance or achievements expressed or implied by the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements. Metminco does not undertake to update or revise forward-looking statements, or to publish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in this announcement, except where required by applicable law and stock exchange listing requirements.