VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 4, 2012) - Minco Silver Corporation (the "Company" or "Minco Silver") (News - Market indicators)(OTCQX:MISVF)(WKN:A0ESX5) announces it has reached a settlement agreement pertaining to the break fee with Sterling ("Sterling"). The settlement of USD$675,000 has been approved by the court and was received by the Company closing the matter.
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 world class Fuwan Silver Deposit, situated along the northeast margin of the highly prospective Fuwan Silver Belt in Guangdong China.
Minco Silver is a silver development stage company based in Canada.
Minco Silver develops silver, gold, lead and zinc in China, and holds various exploration projects in China.
Its main asset in development is FUWAN SILVER in China.