TSX: MSV; OTCQX: MISVF;
WKN:A0ESX5
VANCOUVER, July 4, 2019 /CNW/ - Minco Silver
Corporation (the "Company" or "Minco Silver") (TSX: MSV
OTCQX: MISVF; WKN: A0ESX5) is pleased to report that the Annual
General Meeting of shareholders was held on June 28, 2019 and all resolutions were approved
by the shareholders of the Company.
Detailed voting results at the Meeting are set out as
follows:
|
|
|
|
|
% Votes
for
|
% Votes
withheld
|
% Votes
against
|
Number of
Directors
|
97
|
N/A
|
3
|
Ken Z. Cai
|
99.66
|
0.34
|
N/A
|
Maria Tang
|
99.26
|
0.74
|
N/A
|
George
Lian
|
99.66
|
0.34
|
N/A
|
Tim Sun
|
99.66
|
0.34
|
N/A
|
Appointment of
Auditors
|
99.52
|
0.48
|
N/A
|
Transact Other
Business
|
93.64
|
N/A
|
6.36
|
The Company also announces that its wholly owned subsidiary,
Minco Mining (China) Co., Ltd.,
has received the payment of 3.8 million
RMB as a partial payment of the 73.8
million RMB loan (the "Loan") to Longxin Mining Co., Ltd.
("Longxin Mining") and about 3.5 million
RMB as full payment of the interests on the Loan for the
period of February 6 to June 30, 2019
from Longxin Mining. The balance of the Loan, 70 million RMB, has been extended to December 31, 2019 with a 12% annual interest
rates, and is fully secured by 100% equity interest in Longxin
Mining and all assets of the Longwangshan Gold Mine and is fully
guaranteed by the shareholders of Longxin Mining and a significant
real estate company controlled by them.
About Minco Silver
Minco Silver Corporation is a TSX and OTCQX listed company
focusing on the exploration and development of mineral resource
projects. The Company's primary focus is to advance our
properties, the Fuwan Silver Project and the Changkeng Gold
Project, towards production. The Fuwan Silver Project and the
Changkeng Gold Project are adjoined and are located approximately
45 kilometres southwest of Guangzhou City, China. We also seek to identify and acquire
additional precious metal dominant projects that we believe will
enhance shareholder value. For more information on Minco Silver,
please visit the Company's website at www.mincosilver.ca or contact
Jennifer Trevitt, at 1-888-288-8288
or (604) 688-8002 pr@mincosilver.ca.
SOURCE Minco Silver Corporation