10th Jan 2007 14:37
Mercator Gold PLC10 January 2007 London 10 January 2007 - Mercator Gold PLC (AIM:MCR) MERCATOR GOLD PLC ("Mercator Gold" or the "Company") 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"), one holder of the Convertible Loan Notes haselected to convert its Loan Note for £56,500 principal amount to ordinary sharesof 10p each in the Company (the "Shares") at a conversion price of 60p each. TheCompany will issue 94,167 Shares and as a result will have a total of 53,680,144issued shares. 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 Bankside Consultants Ltd Tel: +44 (0) 20 7267 8888Simon RothschildKeith Irons This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ECR Minerals