Once the purchase price has been recouped in full, all remaining proceeds will be divided as to 20% to the general partner, with the remaining 80% distributed to Minco China. Under the terms of this restructuring agreement, the Company will be entitled to recoup its entire purchase price from the proceeds of any sale of Hexie shares. In conjunction with the proposed acquisition, Minco China has also entered into a restructuring and distribution agreement with Saikehuan LP and its general partner pursuant to which the parties will use their best efforts to restructure the Saikehuan LP to initiate Minco China as a direct holder of the Hexie Shares with the right to trade those shares directly on behalf of the Saikehuan LP. The Company did not anticipate requiring this capital for other purposes in the foreseeable future. The purchase price was funded exclusively from Minco Silver's surplus working capital, and represents an opportunity to earn a greater return than through traditional banking investments. , have entered into a share purchase agreement with Minco Gold. The preliminary agreement was negotiated between the Company and Huaxin on an arms-length basis. Minco Silver Corporation is pleased to announce that it and its wholly owned subsidiary, Minco Investment Holdings HK Ltd. For more information on Minco Silver, please visit the Companys website at or contact Renee Lin at 1-88 or (604) 688-8002 prmincosilver.ca SOURCE Minco Silver. View the MSV premarket stock price ahead of the market session or assess the after hours quote. The Company holds 52 in the Changkeng Gold Project and 90. Minco Silver Corporation stock price live 0.18, this page displays TSX MSV stock exchange data. The Company's stake in the Saikehuan LP gives it an indirect interest in approximately 7,480,937 shares of Hexie (the "Hexie Shares"), or 0.98% of Hexie's total outstanding shares. Minco Silver Corporation is a TSX and OTCQX listed company focusing on the exploration and development of mineral resource projects. The Companys mineral properties include Fuwan Project. The Company is engaged in exploring, evaluating and developing precious metals mineral properties and projects. The Saikehuan LPs primary asset is an approximately 25% stake in Hexie (a total of 190,977,024 shares). MINCO SILVER CORPORATION : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information Deutsche. Minco Silver Corporation is a Canada-based silver mining company. Hexie currently has 763,360,918 outstanding shares, and an estimate total market capitalization of RMB 15.8 billion. ("Minco China"), will acquire an interest in the Tianjin Saikehuan Enterprise Management Center Limited Partnership (the "Saikehuan LP") from Tianjin Huaxin Anneng Management Consulting Partnership LP ("Huaxin") for RMB 119,762,699 ( CAD$23.04 million) in cash. Under the transfer agreement, the Company, through its wholly owned subsidiary, Minco Mining ( China) Co., Ltd. ("Hexie"), one of the largest cement manufacturing companies in China and the owner of several limestone mines. 19, 2022 /CNW/ - Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV) (OTCQX: MISVF) (WKN: A0ESX5) is pleased to announce that it has entered into a transfer agreement to acquire a stake in Sichuan Hexie Shuangma Co., Ltd. We also seek to identify and acquire additional precious metal dominant projects that we believe will enhance shareholder value.VANCOUVER, BC, Oct. Minco Silvers mailing address is 2772-1055 West Georgia Street Stn Royal Centre PO Box 11176, VANCOUVER, BC V6E 3R5, Canada. It is engaged in exploring, evaluating, and developing precious metals mineral properties and projects. The Fuwan Silver Project and the Changkeng Gold Project are adjoined and are located approximately 45 kilometres southwest of Guangzhou City, China. Minco Silver Corp is a Canadian based silver mining company. The companys primary property is the Fuwan Silver project (estimated to hold more than 150 million ounces of. Minco Silver: 2,200,000 Other Equity Investments. Minco Silver sees China as its silver lining. The Company's primary focus is to advance our properties, the Fuwan Silver Project and the Changkeng Gold Project, towards production. Minco Capital, Canadian mining company focused acquisition and development of high quality silver properties. Minco Silver Corporation is a TSX and OTCQX listed company focusing on the exploration and development of mineral resource projects.
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