Grant of Options

Mercator Gold PLC
10 July 2007



                                MERCATOR GOLD PLC
                       ('Mercator Gold' or the 'Company')
                                        
                                GRANT OF OPTIONS


Following a Board Meeting on 9 July 2007, Mr Denis Geldard, Operations Director,
has been awarded 350,000 Share Options bringing his total options to 550,000. 
Mr Geldard joined the Board of Mercator Gold in February 2007.


For further information please contact:


Mercator Gold plc
Patrick Harford, Managing Director         Tel:   [phone]
Email: [e-mail]
Website: www.mercatorgold.com


Bankside Consultants Ltd                   Tel:   [phone]
Simon Rothschild
Keith Irons
Oliver Winters

AIM: MCR




                      This information is provided by RNS
            The company news service from the London Stock Exchange