Minco PLC Regulatory News (MIO)

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.