Director/PDMR Shareholding

Mercator Gold PLC
30 March 2006










FOR IMMEDIATE RELEASE                                              30 March 2006





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


                              DIRECTOR'S DEALINGS


The Company were informed yesterday that Terrence Strapp, Chairman, through the
nominee account of SDG Nominees Pty Ltd, on that date purchased 100,000 ordinary
shares of Mercator Gold (the 'Shares'). 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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