Stock BuybacksBy The Online Investor Staff, updated Tue., Feb. 18, 2:56 AM
|This Slide: #16 of 25|
Slide #16. Minco Capital Corp.
Minco Capital Corp. (CVE:MMM.CA)
Share Amount Authorized:
Minco Capital Corp. (the "Company" or "Minco Capital") (TSX-V: MMM/OTCQX: MGHCF/FSE:MI5) today announced that it has received conditional acceptance from the TSX Venture Exchange ("TSXV") for a Normal Course Issuer Bid ("NCIB") to purchase for cancellation, during the 12-month period starting February 10, 2020, up to 2,427,844 or 5% of the current issued and outstanding Common Shares. The program will end on February 9, 2021 unless the maximum amount of Common Shares is purchased before then or Minco Capital provides earlier notice of termination. Purchases will be made on the TSXV and alternative exchanges at the market price at the time of acquisition. Payment for the shares will be in accordance with TSXV policies. The Company reserves the right to terminate the NCIB earlier if it feels it is appropriate to do so.
Minco Capital is engaged in exploration and evaluation of gold-dominant mineral properties and projects in the People's Republic of China. Co. is an exploration company and has no source of revenues.
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