Director's Dealings - Amend

Mercator Gold PLC
03 April 2006


The following replaces the 'Director's Dealings' announcement made on 30 March
2006 under RNS number 6770A at 12.29. The date on which the Company were
informed should read '24 March' not 'yesterday', rather than the share purchases
having been made 'on that date', the text should have read 'on 24 March 2006'
and the price which was paid, namely 'at an average price of 0.6125p per Share'
was omitted. All other details remain the same.


FOR IMMEDIATE RELEASE                                               3 April 2006



              MERCATOR GOLD PLC ('Mercator Gold' or the 'Company')

                              DIRECTOR'S DEALINGS


The Company were informed on 24 March 2006 that Terrence Strapp, Chairman,
through the nominee account of SDG Nominees Pty Ltd, on 24 March 2006 purchased
100,000 ordinary shares of Mercator Gold (the 'Shares') at an average price of
0.6125p per Share. Subsequent to this purchase, Terrence Strapp holds a total of
220,000 Shares, representing 0.56% of the issued share capital, together with
475,000 Executive Share Options.



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