VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 07/04/12 -- Minco Silver Corporation (the "Company" or "Minco Silver") (TSX: MSV)(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.