File: Attachment Early Warning news release Li Kai Ning.pdf

LI KAI NING Unit 06, 11/F, Emperor Group Centre 288 Hennessy Road, Wan Chai, Hong Kong

NEWS RELEASE

REPORT OF ACQUISITION OF COMMON SHARES OF MINCO CAPITAL CORP.

VANCOUVER, British Columbia -- (Newsfile Corp. September 142026) Mr. Li Kai Ning reports the acquisition of 18,000 common shares ("Common Shares") of Minco Capital Corp. ("Minco Capital") on the TSX Venture Exchange on August 24, 2026 at a price of $0.165 per Common Share for total consideration of $2,970.00 (the "Trade"). Prior to that on August 4, 2026, Mr. Li had acquired 30,000 Common Shares at a price of $0.17, bringing his total holdings of Common Shares at that time to 4,325,000 Common Shares, or 10.02% of the total issued and outstanding Common Shares of Minco Capital of 43,175,881. The Trade was the last in a series of trades that took place between August 4th and August 24th, 2026 (collectively, the "Transactions") pursuant to which Mr. Li purchased a total of 3,021,000 additional Common Shares. Immediately following the Transactions, Mr. Li had beneficial ownership of 7,346,000 Common Shares representing approximately 17.0% of the issued and outstanding Common Shares of Minco Capital. His holdings make Mr. Li a "reporting insider" (as defined under National Instrument 55-104 Insider Reporting Requirements and Exemptions) of Minco Capital, requiring the filing of an early warning report pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues. Mr. Li acquired the Common Shares of Minco Capital for investment purposes. He may, from time to time and at any time, acquire additional Common Shares and/or other equity, debt or other securities or instruments (collectively, "Securities") of Minco Capital in the open market or otherwise, and reserves the right to dispose of any or all Securities in the open market or otherwise at any time and from time to time, and to engage in similar transactions with respect to the Securities, the whole depending on market conditions, the business and prospects of Minco Capital and other relevant factors. A copy of the related early warning report to be filed under applicable securities laws will be available under Li Kai Ning's profile on SEDAR+ (www.sedarplus.ca) or from Mr. Li Kai at +852 26256511.

"Li Kai Ning" Li Kai Ning

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