New Issue: Minco Silver sells C$3.37 million of equity units via private placement

By Devika Patel

Knoxville, Tenn., April 14 - Minco Silver Corp. said it completed a C$3.37 million non-brokered private placement of units.

The company sold 1,972,500 units at C$1.71 apiece. The units consist of one common share and one half-share warrant. Each whole warrant is exercisable at C$2.15 for one year.

Proceeds will be used for general corporate purposes.

Minco Silver is a silver exploration company based in Vancouver, B.C.

Issuer:	Minco Silver Corp.
Issue:	Units of one common share and one half-share warrant
Amount:	C$3,372,975
Units:	1,972,500
Price:	C$1.71
Warrants:	One half-share warrant per unit
Warrant expiration:	One year
Warrant strike price:	C$2.15
Agent:	Non-brokered
Settlement date:	April 14
Stock symbol:	TSX Venture: MSV
Stock price:	C$2.07 at close April 13
Market capitalization:	C$86.4 million

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