TSX-V: MMM
OTCQX: MGHCF
FSE: MI5
VANCOUVER, BC, April 24,
2023 /CNW/ - Minco Capital Corp. (the
"Company" or "Minco Capital") (TSXV: MMM) (OTCQX: MGHCF) (FSE: MI5)
announced that it has cancelled a portion of stock options granted
to insiders in accordance with its Stock Option Plan. This move
aligns the interests of management with those of shareholders.
The Company cancelled 103,000 stock options that exceeded the
insider limit set by the Company's Stock Option Plan. These
options were granted to insiders in 2020 at an exercised price of
$0.12. Cancelling these options has
no impact on the Company's financial statements, as the options
were all vested and not exercised.
"Minco Capitals is committed to good corporate governance and
transparency," said Ken Cai, CEO of
Minco Capital. "We believe this cancellation of insider stock
options is in the best interest of our shareholders and further
demonstrates our commitment to creating long-term shareholder
value."
ON BEHALF OF THE BOARD
"Ken
Cai"
President
About Minco Capital
Minco Capital Corp. (TSXV: MMM / OTCQX: MGHCF / FSE: MI5)
is a Canadian company focused on identifying high-quality
investment opportunities, primarily in publicly traded and
privately held corporations as direct ownership stakes in resource
projects. The Company owns 11 million shares of Minco Silver
Corporation. For more information on Minco Capital Corp., please
visit the website at www.mincocapitalcorp.com or contact
Renee Lin at (604)-688-8002
or pr@mincomining.ca
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Minco Capital Corp.
