Issue of Share Options to Director

MERCATOR GOLD plc
(“Mercator Gold”, “Mercator” or “the Company”)

AIM: MCR

US OTC: MTGDY

 

LONDON: 15 APRIL 2005 - The Company has agreed, as part of a revised salary and option package, to issue to Michael de Villiers, a Director, 1,250,000 new share options. The share options are exerciseable at any time within the next 10 years at an exercise price of 12p per Ordinary Share.

Following the issue of these new share options, the interests of Michael de Villiers in the Ordinary Share capital of the Company are as follows:

Number of share issued subscribe Ordinary Shares Ordinary Shares as a Percentage of issued Ordinary Share capital Number of Warrants to subscribe for new Ordinary Shares Number of options to for new Shares
470,100 0.54% 670,000 2,000,000

 

For further information please contact:

Mercator Gold plc    
Patrick Harford, Managing Director Tel: +44 (0) 20 7929 1010
Email:This email address is being protected from spambots. You need JavaScript enabled to view it.    
   
   
   
Beaumont Cornish Limited    
Roland Cornish Tel: + 44 (0) 20 7628 3396
     
     
     
Phillip Securities UK Limited    
Nick Bealer Tel: +44 (0) 20 7553 8281
     
     
     
Ocean Equities Ltd    
Will Slack Tel: + 44 (0) 20 7786 4375
     
     
     
Parkgreen Communications    
Justine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713
     

 

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