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ISSUE OF EQUITY

7th Jun 2010 14:31

MERCATOR GOLD plc ("Mercator Gold", "Mercator" or "the Company")ISSUE OF EQUITY

London 7 June 2010

EXERCISE OF WARRANTS

The Company announces that pursuant to the terms of a Warrant Instrument by way of Deed Poll dated 29 May 2009, Notice of Exercise has been received for 4,875 Warrants for Ordinary Shares of 0.1p each in the Company at a subscription price of 5p each.

The Company has applied for the 4,875 New Ordinary Shares to be admitted to trading on AIM. Admission is expected to take place on 11 June 2010. The New Ordinary Shares will rank pari passu in all respects with the existing ordinary shares in the Company currently traded on AIM. Following admission there will be 331,755,437 Ordinary Shares in issue.

For further information please contact

Mercator Gold plc

Michael Silver, Chairman Tel: +44 (0) 20 7929 1010
Patrick Harford, Managing Director Tel: +1 646 239 9087

Email: [email protected]

Website: www.mercatorgold.com

Daniel Stewart & Company plc

Oliver Rigby Tel: + 44 (0) 20 7776 6550

Old Park Lane Capital PLC

Forbes Cutler, Director of Corporate Broking Tel: +44 (0) 20 7518 2603

Bankside Consultants Ltd

Simon Rothschild/Oliver Winters Tel: +44 (0) 20 7367 8888

Barry Kaplan Associates

Larry Kaplan Tel: +1 732 747 0702

AIM: MCR ADR: MTDGY

Copyright Business Wire 2010


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