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1 year chart

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1 day chart

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Epic & Msn data
Epic MCR
Time: 07:50:00
Mid Price: 3.25
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 0.00
Fifty Two Week Low: 0.00
Market Capital: 2.36
Period & price data
Period Price
Now: 3.25
3 Months ago: 6.50
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: General Mining - Gold
Epic: MCR
News: Latest news
Web Site: Mercator Gold
Other Articles: 13-10-200817-07-200809-07-2008

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Mercator Gold

Mercator Gold PLC is a dynamic UK gold mining company, listed on the AIM market of the London Stock Exchange (MCR.L), which has revived a large former gold producing area at Meekatharra, Western Australia, and brought it back to production.

Following an aggressive exploration programme and a major upgrade of existing mine infrastructure Mercator produced its first gold in October 2007 and expects to produce approximately 120,000 ounces of gold in the first 12 months of operations from a combined ore reserve of about 196,000 ounces at two open pits. At its underground mines at Meekatharra Mercator has a further probable ore reserve of 308,000 ounces.
Friday, November 14, 2008

Mercator Gold Australia creditors approve administrative procedure

Mercator Gold PLC said a creditors’ meeting on November 13 has confirmed the appointment of administrators for Mercator Gold Australia Pty Ltd (MGA) and an exclusivity period for Tulla Resources Group Pty Ltd to potentially agree refinancing of the business.


 Creditors approved the Deed of Company Arrangement (DOCA) for the unit that entered voluntary administration on October 9.


MGA will be under the control of the deed administrator for a period of six months, pending the DOCA provides for a moratorium with creditors and allows for MGA to seek refinancing with Tulla Resources. Tulla is currently engaged in its due diligence of MGA. The exclusivity period will end on Dec 31 2008.


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No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

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