Minco Capital Initiates New Normal Course Issuer Bid Program

Author: Hannah Lewis Updated: 07-07-2025 02:43 PM

Minco Capital Corp. to Launch Normal Course Issuer Bid

Minco Capital Corp. (TSX-V: MMM, OTCQX: MGHCF) has exciting news for its shareholders with the initiation of a Normal Course Issuer Bid (NCIB). Subject to the approval by the TSX Venture Exchange (TSXV), this new NCIB program represents a strategic move aimed at enhancing shareholder value.

Details of the Normal Course Issuer Bid

The newly proposed NCIB will commence soon and allows Minco Capital to repurchase up to 2% of its issued and outstanding shares in any given 30-day timeframe. This equates to a total of 3,245,655 common shares over the next 12 months, reflecting about 10% of the company's public float. This initiative is part of the Board of Directors' strategy to utilize the company’s excess cash in a beneficial manner.

Rationale Behind the Buyback Program

Minco Capital's leadership believes that the current market price does not accurately signify the underlying value of its stock. By initiating the NCIB, the company aims not only to stabilize the share price but also to create long-term value for its shareholders. The buyback can increase the proportional ownership of existing shareholders, thereby enhancing their investment.

Mechanics of the NCIB

All share repurchases conducted under the NCIB will happen through the TSXV in accordance with their regulations. The completed shares will be returned to treasury for cancellation, thus reducing the overall share count which can positively influence earnings per share.

Provision of Information and Shareholder Queries

For shareholders interested in more details regarding the NCIB, Minco Capital encourages them to reach out directly. A copy of the NCIB notice is available upon request at no charge to shareholders, ensuring that all interested parties remain informed.

About Minco Capital Corp.

Minco Capital Corp. is dedicated to exploring and investing in high-quality opportunities, which includes both public and private companies. Currently, the company has a notable stake in Minco Silver Corporation, holding around 11 million shares. For additional information, stakeholders can connect with the company at (604)-688-8002 or via email.

Contact Information

To connect with the company further, shareholders can reach out to Renee Lin at (604)-688-8002 or email pr@mincomining.ca for inquiries.

Frequently Asked Questions

What is the purpose of the Normal Course Issuer Bid?

The NCIB aims to repurchase common shares to enhance shareholder value and reflect the company's stock's true value.

How many shares can Minco Capital repurchase?

The company can repurchase up to 2% of its issued shares in any 30-day period, totaling 3,245,655 shares over the year.

Where will the shares be repurchased from?

All share repurchases will be conducted through the TSXV or other Canadian platforms at the prevailing market price.

Who is managing the buyback program?

The NCIB will be managed on behalf of Minco Capital by Raymond James Ltd.

How can shareholders contact the company for more information?

Shareholders can contact Renee Lin at (604)-688-8002 or via email for inquiries regarding the NCIB.

About The Author

Hi there, I'm Hannah Lewis, a writer and financial specialist of 36 years old committed to making money understandable and approachable to everyone. Years of working in the field have given me a thorough grasp of market trends, investment techniques, and economic fundamentals. My objective is to enable people, by means of understandable, useful guidance, to take charge of their financial destiny.

I have written many articles for financial blogs over my career that simplify difficult financial ideas into understandable insights. Being financially literate is a critical ability, and I am passionate about enabling people to confidently manage their financial lives. Regardless of your level of experience, my work will help you at every stage of the investment process. I appreciate being allowed to share in your success and financial expansion.

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