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RESULT OF AGM AND PROPOSED NAME CHANGE

28th Apr 2010 16:54

MERCATOR GOLD PLC ("Mercator Gold" or the "Company")

AIM: MCR

US OTC: MTGDY

RESULT OF AGM AND PROPOSED NAME CHANGE

London 28 April 2010 - The Board of Mercator Gold plc, the diversified mineral development company, is pleased to announce that all of the resolutions proposed at the Company's Annual General Meeting held at 10:30 a.m. on 28 April 2010 were duly passed.

The Company therefore confirms that, pursuant to Resolution 9, it proposes to change its name to Electrum Resources plc following completion of the relevant filings and administration. Further details will follow regarding the date of change together with confirmation of the Company's new TIDM.

For further information please contact

Mercator Gold plc

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

Email: [email protected]

Website: www.mercatorgold.com

Bankside Consultants Ltd

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

Daniel Stewart & Company plc

Oliver Rigby +44 (0) 20 7776 6550

Old Park Lane Capital PLC

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

Barry Kaplan Associates

+1 732 747 0702
Larry Kaplan

Copyright Business Wire 2010


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