ECR Minerals Regulatory News (ECR)

20 Dec 2006 12:54

Mercator Gold PLC20 December 2006 London 20 December 2006 - 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"), five 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 4,997 Shares at60p each, which will result in a cash saving of £2,998.20. 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 plc Patrick Harford Managing Director Tel: +44 (0) 20 7929 1010 Email: info@mercatorgold.comWebsite: www.mercatorgold.com Parkgreen CommunicationsJustine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713 This information is provided by RNS The company news service from the London Stock Exchange