ASX Trading Halt

For Immediate Release 24 November 2011

Metminco Limited

("Metminco" or "the Company")

ASX Trading Halt

On 23 November 2011, pursuant to ASX Listing Rule 17.1, the Company requested and was granted a trading halt on ASX in respect of its shares (ASX: MNC).

A trading halt was requested due to the Company making a significant corporate announcement in relation to a possible fund raising. It is expected that the trading halt will end on 28 November 2011 when the Company will be in a position to provide an announcement to the market.

For enquiries please contact:

Australia:

Philip Killen - Company Secretary & CFO Ph: +61 408 609 916

United Kingdom:

Tim Read - Non-Executive Director Ph: +44 777 072 1809

Canaccord Genuity (Nomad & Joint Broker)

Robert Finlay/ Andrew Chubb Ph: +44 20 7050 6500

Liberum Capital (Joint Broker)

Michael Rawlinson / Clayton Bush Ph: +44 20 3100 2227

Buchanan (Financial PR)

James Strong Ph: +44 20 7466 5000