TSX-V: MMM
OTCQX: MGHCF
FSE: MI5 

VANCOUVER, BC, March 29, 2023 /CNW/ - Minco Capital Corp. (the "Company" or "Minco Capital") (TSXV: MMM) (OTCQX: MGHCF) (FSE: MI5) announced its intention to launch another Normal Course Issuer Bid ("NCIB") to buy back and cancel its shares, subject to TSX Venture Exchange ("TSXV") approval. The current NCIB expires on March 31, 2023. The new NCIB, which will begin on April 1, 2023,  can purchase up to 10% of 34,104,245 of public float, subject to a maximum of 2% of the 44,479,881 issued and outstanding common shares as of March 23, 2023, during any 30-day period.  The program will expire on March 31, 2024, unless the maximum amount of Common Shares are 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.