MINCO plc CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited - prepared by management

For the three month period ended 31 March 2017

(Expressed in US$000's)

NOTICE OF NO AUDITOR REVIEW OF CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

The accompanying unaudited condensed interim consolidated financial statements of the Company have been

prepared by and are the responsibility of the Company's management.

The Company's independent auditor has not performed a review of these condensed interim consolidated financial statements in accordance with standards established by the Canadian Institute of Chartered Accountants for a review of interim financial statements by an entity's auditor.

MINCO plc CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS

Unaudited - prepared by management

For the three month period ended 31 March 2017

INDEX PAGE

Condensed Interim Consolidated Statements of Financial Position 1

Condensed Interim Consolidated Statements of Operations and Comprehensive (Income) Loss 2

Condensed Interim Consolidated Statements of Changes in Equity 3

Condensed Interim Consolidated Statements of Cash Flows 4

Notes to the Condensed Interim Consolidated Financial Statements 5- 15

MINCO PLC CONDENSED INTERIM CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2017

Unaudited - prepared by management

Expressed in US$000's

Assets

Notes

March 31, 2017 (unaudited)

$

December 31, 2016

(audited)

$

Non-current assets

Exploration and evaluation assets

10

13,104

12,863

Investment in associate - note receivable

11

590

559

Prepaid expenses and other non-current assets

9

9

Total non-current assets

13,703

13,431

Current assets

Trade and other receivables

12

163

147

Cash and cash equivalents

13

2,006

2,351

Total current assets

2,169

2,498

Total assets

15,871

15,929

Equity and liabilities

Capital and reserves

Share capital

15

9,767

9,767

Share premium

29,790

29,790

Capital conversion reserve fund

39

39

Foreign currency translation reserve

(3,183)

(3,324)

Share-based payment reserve

16

209

209

Retained deficit

(21,334)

(21,115)

Total equity

15,288

15,366

Current liabilities

Trade and other payables

14

584

563

Total current l iabilities

584

563

Total equity and liabilities

15,872

15,929

COMMITMENTS AND CONTINGENCIES (Notes 10)

The financial statements were approved by the Board of Directors on 26 May 2017 and signed on its behalf by:

Signed "John F. Kearney" , Director Signed " Dan esh K. Var ma" , Director

See accompanying notes to the condensed interim consolidated financial statements

1

MINCO PLC CONDENSED INTERIM CONSOLIDATED STATEMENT OF LOSS AND COMPREHENSIVE LOSS FOR THE THREE MONTH PERIOD ENDED 31 MARCH

Unaudited - prepared by management

Expressed in US$000's, except for per share amounts Three months ended 31 March

Notes 2017 2016

Continuing operations

$

$

General and administrative expenses

(199)

(281)

Foreign exchange gain

(32)

(159)

Opera ting loss

(231)

(440)

Finance income

12

14

Group loss for the period

(219)

(426)

Other Comprehensive Income

Exchange differences on translation of foreign operations

141

1,002

Total comprehensive loss for the period

(78)

576

US Cents per share

US Cents per share

Earnings/(loss) per share

Basic

9

(0.05)

(0.09)

Diluted

9

(0.05)

(0.09)

See accompanying notes to the condensed interim consolidated financial statements

2

Minco plc published this content on 29 May 2017 and is solely responsible for the information contained herein.
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