Mercator Gold - another 10X bagger in the making ?

Sch 1 - Mercator Gold

RNS Number:3820W
AIM
03 January 2006


ANNOUNCEMENT TO BE MADE BY THE AIM APPLICANT PRIOR TO ADMISSION IN ACCORDANCE WITH AIM RULE 2

ALL APPLICANTS MUST COMPLETE THE FOLLOWING:
COMPANY NAME:


Mercator Gold plc ("Mercator")


COMPANY ADDRESS:

Peek House
3rd Floor
20 Eastcheap
London

COMPANY POSTCODE:
EC3M 1EB

COUNTRY OF INCORPORATION:
England and Wales


COMPANY BUSINESS OR, IN THE CASE OF AN INVESTING COMPANY, DETAILS OF ITS INVESTMENT STRATEGY TO BE DISCLOSED IN
ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (J) OF THE AIM RULES:


Mercator is a resources company which has acquired St Barbara's entire gold exploration and mining assets within
in the prospective Meekatharra Belt of Western Australia. The Directors believe that the Acquisition will
consolidate Mercator's position within the Murchison Gold Province and has the potential to transform the Company
from explorer to producer by providing ownership of the Meekatharra Tenements and infrastructure required to
commence significant gold production.


DETAILS OF SECURITIES TO BE ADMITTED (i.e. where known, number of shares, nominal value and issue price to which
it seeks admission and the number and type to be held as treasury shares):


Up to 47,288,350 Ordinary Shares of 10p each


CAPITAL TO BE RAISED ON ADMISSION:


Up to #13.2 million before expenses










FULL NAMES AND FUNCTIONS OF DIRECTORS AND PROPOSED DIRECTORS:


Terrence John Strapp, Non Executive Chairman

Patrick Aloysius Harford, Managing Director

Michael John de Villiers, Finance Director

Dr Julian Richard Vearncombe, Exploration Director

Michael Elias, Non Executive Director

Richard Nicholas Allen, Non Executive Director
PERSON(S) INTERESTED IN 3% OR MORE OF THE ISSUER'S CAPITAL, EXPRESSED AS A PERCENTAGE OF THE ISSUED SHARE CAPITAL
BEFORE AND AFTER ADMISSION:


Before Admission:



Caledonian Capital Ltd 16.4

Newland Resources Ltd 10.0

First International Resources Ltd 9.0

Credit Agricole Investors Services Bank 4.1

Mayford Development Limited 3.9

Artemis Alpha Trust plc 3.8

Loeb Aron & Company Ltd 3.7

Fairchoice Limited 3.0



After Admission:



Caledonian Capital Ltd

Newland Resources Ltd

First International Resources Ltd

Credit Agricole Investors Services Bank

Mayford Development Limited

Artemis Alpha Trust plc

Loeb Aron & Company Ltd

Fairchoice Limited




NAMES AND ADDRESSES OF ALL PERSONS TO BE DISCLOSED IN ACCORDANCE WITH SCHEDULE 2, PARAGRAPH (H) OF THE AIM RULES:


AMC Consultants Pty Ltd, Level 19, 114 William Street, Melbourne, Victoria 3000, Australia



Kingston Vale Pty Ltd, 32 Alness Street, Applecross, WA 6153, Australia


ANTICIPATED ACCOUNTING REFERENCE DATE:
30 June
EXPECTED ADMISSION DATE:
20 January 2005
NAME AND ADDRESS OF NOMINATED ADVISER:


Beaumont Cornish Limited, 5th Floor, 10 -12 Copthall Avenue, London, EC2R 7DE


NAME AND ADDRESS OF BROKER:


King & Shaxson Capital Limited, 6th Floor, Candlewick House, 120 Cannon Street, London, EC4N 6AS



Ocean Equities Limited, 3 Copthall Avenue, London EC2R 7BH




DETAILS OF WHERE (POSTAL OR INTERNET ADDRESS) THE ADMISSION DOCUMENT WILL BE AVAILABLE FROM, WITH A STATEMENT
THAT THIS WILL CONTAIN FULL DETAILS ABOUT THE APPLICANT AND THE ADMISSION OF ITS SECURITIES:


The Admission Document, which will contain full details about the applicant and the admission of its securities,
will be available from Beaumont Cornish Limited, 5th Floor, 10 -12 Copthall Avenue, London, EC2R 7DE and from
Mercator Gold plc, Peek House, 3rd Floor, Eastcheap, London EC3M 1EB


DATE OF NOTIFICATION:
3 January 2006
NEW/ UPDATE (see note):


NEW




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