Director Dealings (5744R)
07 November 2011 - 6:00PM
UK Regulatory
TIDMMIO
RNS Number : 5744R
Minco PLC
07 November 2011
Minco plc
HOLDINGS IN COMPANY
Dublin, 7 November, 2011 - Minco Plc (AIM-"MIO"), the Irish
exploration and development company, reports that it was notified
on 4 November, 2011 that Mr. Peter McParland, a non-executive
director, acquired an indirect interest in 730,000 ordinary shares
of Minco Plc and currently holds 3,730,000 shares of the
Company.
The shares were acquired by Quarry & Mining Equipment Ltd.
(QME), a company controlled by Mr. McParland at the following
prices: 350,000 shares at 2.9 pence and 380,000 shares at 3
pence.
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
+44 (0) 8452 606
Danesh Varma: CFO & Company Secretary 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 +44 (0)20 7930
| Broker) Beaufort International 8222
This information is provided by RNS
The company news service from the London Stock Exchange
END
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