3rd Apr 2006 16:37
Mercator Gold PLC03 April 2006 FOR IMMEDIATE RELEASE 3 April 2006 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"), four 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 26,365 Shares at60p each, which will result in a cash saving of £15,819. Application has been made for the Shares, which will rank pari passu with allexisting ordinary shares, to be admitted to trading on AIM. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
ECR Minerals