Minco Capital Announces Management Change

VANCOUVER, July 15, 2022 - Minco Capital Corp. (the "Company" or "Minco Capital") (TSXV: MMM) (OTCQB: MGHCF) (FSE: MI5) is pleased to announce that the Company has appointed Ms. Renee Lin, as the Company's Chief Financial Officer and Corporate Secretary on July 13, 2022 (the "Effective Date").

Ms. Lin has served the Company as Controller between 2015 and July 2022, after serving the company for a long period, Ms. Lin is well versed in the Company's history and will be in charge of leading its Finance and Legal compliance. Ms. Lin has rendered her services to various publicly listed mining companies with global operations in the past.

Mr. Lin is a member of the Chartered Professional Accountants of British Columbia and holds a Bachelor of Commerce in accounting from Sauder School of Business, University of British Columbia.

Also effective on July 13, 2022, Ms. Melinda Hsu has resigned as the Company's Chief Financial Officer and Corporate Secretary. Minco Capital thanks Ms. Hsu for her services and contribution to the Company and wishes her all the best in her future endeavors.

On behalf of the Board of Directors

Dr. Ken Cai
Chairman and CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Minco Capital Corp.