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Issue of Shares

5th Oct 2007 16:31

Mercator Gold PLC05 October 2007 MERCATOR GOLD PLC ("Mercator Gold" or the "Company") ISSUE OF SHARES The Company announces that pursuant to the terms of a Deed of Warrant Grantdated 23 September 2004 with an expiry date of 7 November 2007, Notices ofExercise have been received for 230,000 Warrants for ordinary shares of 10peach in the Company (the "Shares") at a conversion price of 60p each. TheCompany will issue 230,000 Shares and as a result will have a total of62,449,911 issued shares. Application has been made for the Shares, which will rank pari passu with allexisting ordinary shares, to be admitted to trading on AIM and admission isexpected on 9 October 2007. 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 7367 8888Simon RothschildKeith IronsOliver Winters AIM: MCR This information is provided by RNS The company news service from the London Stock Exchange

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