Minco Silver Corporation Provides Corporate Update

Minco Silver Corporation has renewed the exploration permit for its Fuwan Silver Project in Guangdong Province, China, extending its validity for five years until March 8, 2031. The company’s adjacent Changkeng Gold Project exploration permit remains valid until November 21, 2027. Both principal assets are located approximately 45 kilometres southwest of Guangzhou, China.

The company is currently in discussions with several interested parties regarding potential transactions for both the Fuwan Silver and Changkeng Gold projects. These parties are conducting due diligence under confidentiality and security arrangements. Management has stated that no binding agreements have been reached and there is no assurance that a definitive agreement or completed transaction will result.

Minco Silver Corporation (MSV) is navigating a period of standard administrative maintenance and early-stage strategic evaluation. The company’s permit renewal serves as an administrative necessity to secure optionality, though it does not immediately advance the projects toward production or revenue generation. Concurrently, strategic transaction discussions are in their early stages. With no binding agreements or definitive terms in place, the market is advised not to price in a potential sale or partnership at this time.

Financially, the company reported a $1.5 million net loss for the six months ended June 30, 2026. This loss was driven by $1.2 million in unrealized losses on its investment portfolio, primarily related to Sichuan Shuangma Cement, alongside higher administrative costs. Despite these expenses, liquidity remains strong with $13.5 million in cash and zero debt, providing ample runway to fund ongoing exploration and transaction costs.

The current news is incremental and expected for a junior explorer maintaining asset tenure. It does not contain genuinely new, market-moving information that would alter the fundamental valuation or risk profile at this time.

Minco Silver Corporation (MSV) is a mineral exploration company focused on silver and gold assets in China. Its flagship asset is the Fuwan Silver Project, located in Guangdong Province, alongside the adjacent Changkeng Gold Project. The company is currently in the exploration stage, with no production history or revenue generation to date. Its strategic focus includes maintaining exploration permits, conducting due diligence for potential strategic transactions, and evaluating new mineral project opportunities in China and Central Asia.