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Placing of 2,000,000 Million Ordinary Shares at...
Placing of 2,000,000 Million Ordinary Shares at....
About this update from Ecr Minerals Plc
[{"type":"text","content":"\n\n \n \n \n Placing of 2,000,000 Million Ordinary Shares at 2.5p per Ordinary Share \n to raise £50,000\n \n \n\n \n Mercator Gold Plc\n \n \n\n \n \n \n AIM: MCR\n \n \n US OTC: MTGDY\n \n \n Mercator Gold plc\n \n \n (“Mercator Gold”, “Mercator” or the “Company”)\n \n \n Placing of 2,000,000 Million Ordinary Shares\n \n \n at 2.5p per Ordinary Share to raise £50,000\n \n \n London 16 March 2010: Mercator Gold plc announces the Placing (the \n \"Placing\") of 2,000,000 million new ordinary shares of 0.01p each (\"New \n Ordinary Shares\") at a price of 2.5 pence per share to raise £50,000 \n before expenses.\n \n \n Old Park Lane Capital plc (“OPL”) acted for the Company in the further \n Placing of the New Ordinary Shares, with which is conditional upon, \n inter alia, admission of the New Ordinary Shares to trading on AIM.\n \n \n Application has been made for the admission of 2,000,000 New Ordinary \n Shares to AIM effective 22 March 2010. The New Ordinary Shares will rank \n pari passu in all respects with the existing Ordinary Shares currently \n traded on AIM. Following the admission there will be 181,271,584 \n Ordinary Shares in issue.\n \n \n For further information please contact\n \n \n \n \n \n Mercator Gold plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Michael Silver, Chairman\n \n \n \n \n \n \n \n \n +44 (0) 20 7929 1010\n \n \n \n \n Patrick Harford, Managing Director\n \n \n \n \n \n \n \n \n +1 646 239 9087\n \n \n \n \n \n \n \n \n \n \n Email: [email protected]\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Website: www.mercatorgold.com\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Bankside Consultants Ltd\n \n \n \n \n \n \n \n \n \n +44 (0) 20 7367 8888\n \n \n \n \n Simon Rothschild\n \n \n \n \n \n \n \n \n \n \n \n \n Oliver Winters\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Cenkos Securities plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n Beth McKiernan\n \n \n \n \n \n \n \n \n +44 (0) 20 7397 8900\n \n \n \n \n \n \n \n \n \n \n Old Park Lane Capital PLC\n \n \n \n \n \n \n \n \n \n \n \n \n \n Forbes Cutler, Director of Corporate Broking\n \n \n \n \n \n \n \n \n +44 (0) 20 7518 2603\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Barry Kaplan Associates\n \n \n \n \n \n \n \n \n \n +1 732 747...