15th Sep 2006 15:39
Mercator Gold PLC15 September 2006 London 15 September 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 28,828 Shares at60p each, which will result in a cash saving of £17,296.80. Application has been made for the Shares, which will rank pari passu with allexisting ordinary shares, to be admitted to trading on AIM. 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