Disclosure of Shareholding

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

AIM: MCR

US OTC: MTGDY

 

LONDON: 10 MAY 2006 - Mercator Gold Plc (AIM: MCR) was informed on 9 May 2006 that Terrence Strapp, Chairman, through the nominee account of SDG Nominees PTY Ltd purchased 60,000 ordinary shares of Mercator Gold on 9 May 2006 at an average price of 81.31 pence per share and purchased 15,000 ordinary shares on 9 May 2006 at an average price of 85.86 pence per share.

Subsequent to these purchases and the issue of the new ordinary shares in relation to the placing of announced on 5 May the Directors’ shareholdings in the Company will be:

 

 

Number of issued Ordinary shares

Percentage of issued Ordinary shares

Number of Warrants

Number of options

Terrence Strapp

295,000

0.55%

Nil

675,000

Patrick Harford

1,650,010

3.08%

Nil

1,200,000

Michael de Villiers

227,000

0.42%

67,000

425,000

Dr. Julian Vearncombe

360,000

0.67%

40,000

825,000

Michael Elias

10,000

0.02%

Nil

125,000

Nick Allen

Nil

-

Nil

125,000

Denis Geldard

Nil

-

Nil

200,000

 

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.    
   
   
   
Parkgreen Communications    
Justine Howarth / Ana Ribeiro Tel: +44 (0) 20 7493 3713
   
   
   
Cenkos Securities Ltd.    
Joe Nally Tel: +44 (0) 20 7397 8900

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