|August 19, 2015|
Minco Silver Provides Corporate Update
|Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV OTCQX: MISVF; WKN: A0ESX5) is pleased to announce the appointment of Mr. David Li, MBA, CPA (Illinois) as Chief Financial Officer of the Company.|
Mr. Li has over 20 years of international project and financial management and corporate development experience. He worked as Vice President, Asia Pacific Affairs with Alderon Iron Ore Corp. and the Chief Financial Officer of Selwyn Chihong Mining Ltd., where he managed accounting, finance activities and fund raising for a large zinc and lead project in Canada. Previously, he was the Asia Finance Controller for a US based manufacturing company in China and Director of Strategic Planning for Trina Solar, a NYSE listed public company. He also held various managerial roles in Bunge Ltd., a NYSE listed public company and Cargill's investment holding company in Beijing. Mr. Li holds an MBA from Thunderbird School of Global Management in Arizona, USA and a CPA License in Illinois, USA.
The Company is also pleased to announce the appointment of Ms. Maria Tang, CA, CPA as Director and Chair of the Audit Committee.
Ms. Tang served as the Chief Financial Officer of Silvercorp. Metals Inc. from October 1, 2008 until February 6, 2015. Ms Tang also served as Chief Financial Officer and Chief Accountant of New Pacific Metals Corp.from October 1, 2008 until February 6, 2015. She worked with Ernst & Yong LLP, where she focused on public company audits with China operations. Ms. Tang has a Bachelor of Science degree from the Nankai University and holds both a Chartered Accountancy and American Institute of Certified Public Accountant designations.
Minco Silver's Chairman and CEO, Dr. Ken Cai, commented "We are delighted that David Li and Maria Tang have joined the Company. They both bring years of experience leading the financial affairs of listed companies combined with valued operating and business experience in China."
As previously announced, the Company acquired the Changkeng project and is planning to optimize the combined Fuwan and Changkeng projects. A new Chinese feasibility study for the Fuwan-Changkeng project has been prepared by CHALIECO, a Chinese design engineering institute based in Changsha, Hunan, China. The Company has initiated the permitting process for the combined project.
About Minco Silver
Minco Silver Corporation is a TSX and OTCQX listed company focusing on the acquisition and development of silver dominant projects. The Company owns a 90% interest in the Fuwan Silver Deposit and 51% interest in the Changkeng Gold project, both situated along the northeast margin of the highly prospective Fuwan Silver Belt in Guangdong China. For more information on Minco Silver, please visit the Company's website at www.mincosilver.ca or contact Jennifer Trevitt, at 1-888-288-8288 or (604) 688-8002 firstname.lastname@example.org
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