Change of Adviser

Change of Adviser

Mercator Gold Plc

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

Change of Adviser

London - 8 April 2010

The Board of Mercator Gold plc (AIM: MCR, US OTC: MTGDY) is pleased to announce the appointment of Daniel Stewart & Company plc as the Company’s Nominated Adviser and Joint Broker, with immediate effect.

Enquiries:

Mercator Gold plc
Michael Silver, Chairman							Tel: + 44 (0) 20 7929 1010
Patrick Harford, Managing Director							Tel: + 1 646 239 9087
Email: [e-mail]
Website: www.mercatorgold.com
Daniel Stewart & Company plc
Oliver Rigby							Tel: + 44 (0) 20 7776 6550
Old Park Lane Capital PLC
Forbes Cutler, Director of Corporate Broking							Tel: [phone]
Bankside Consultants Ltd
Simon Rothschild/Oliver Winters							Tel: + 44 (0) 20 7367 8888
Barry Kaplan Associates
Larry Kaplan							Tel: [phone]

Notes to Editor:

Mercator Gold plc is a diversified mineral development company with quality assets and the capability to undertake significant, value accretive transactions.

Mercator is dedicated to creating value for its shareholders through a process of finding value, adding value and realising value. In order to achieve this, Mercator is able to access a pipeline of projects sourced from its global network and utilises the expertise of its directors and advisers.

Mercator is incorporated in England and Wales, and listed on the London Stock Exchange's Alternative Investment Market (AIM) with the symbol MCR. Mercator’s American Depositary Receipts (ADRs) are traded in the USA on an over the counter basis with the symbol MTGDY.