03:37 PM EST - Mercator Minerals Ltd. : announced that it has entered into a mandate with RMB Resources Inc., the resource financing division of the FirstRand Group of South Africa, to arrange up to $30 million in a corporate debt facility to repay the Company's $25.0 million pre-construction credit facility due January 2013. Mercator Minerals Ltd.
shares T.ML are trading up $0.04 at $0.61.
