Directorate Change

Directorate Change

Mercator Gold Plc

MERCATOR GOLD plc

(“Mercator Gold”, “Mercator” or “the Company”)

AIM: MCR
US OTC: MTGDY

RETIREMENT OF DIRECTOR

London: 3 June 2010 - Mercator Gold plc (“Mercator” or “the Company”) announces that Mr Nicholas Allen, who has been a Non-Executive Director of the Company since 7 April 2004, has retired from the board for personal reasons. The retirement becomes effective on 31 May 2010.

Patrick Harford commented:

“Nick has been a key member of the Board and has provided valuable support to the Directors and Management of the Company since his appointment, and especially during the very difficult time of 2008-2009. He has helped greatly in the transformation of the Company from junior explorer to producing gold miner and now to the diversified mineral development company. The Board wishes him the very best in the future.

He has my personal thanks for his contribution, as well as I am sure all shareholders. His counsel and enthusiasm will be much missed.”

For further information please contact

Mercator Gold plc
Michael Silver, Chairman			Tel: [phone]
Patrick Harford, Managing Director			Tel: [phone]
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: [phone]
Barry Kaplan Associates
Larry Kaplan			Tel: [phone]