30th Jun 2006 16:20
Mercator Gold PLC30 June 2006 London 30 June 2006 - Mercator Gold PLC (AIM:MCR) MERCATOR GOLD PLC("Mercator Gold" or the "Company") FOR IMMEDIATE RELEASE ISSUE OF SHARES The Company announces that pursuant to the terms of the Convertible Loan Noteswith a nominal value of £1,000,000 issued, under a placing, on 14 December 2005(the "Convertible Loan Notes"), five holders of the Convertible Loan Notes haveelected to receive ordinary shares of 10p each in the Company (the "Shares")instead of a cash payment of interest. The Company will issue 29,143 Shares at60p each, which will result in a cash saving of £17,486.30. Application has been made for the Shares, which will rank pari passu with allexisting ordinary shares, to be admitted to trading on AIM and dealings in theShares are expected to commence on 6 July 2006. For further information please contact: Mercator Gold plcPatrick Harford Managing Director Tel: +44 (0) 20 7929 1010 Email: [email protected]: www.mercatorgold.com Parkgreen CommunicationsJustine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ECR Minerals