03:35 PM EST - Mercator Minerals Ltd. : announced the Company and its indirect wholly-owned subsidiary, Mineral Park Inc. has been advised by the syndicate of lenders under the MPI credit facility that an extension of the forbearance in exercising any remedies under the Credit Facility and waiver of certain other covenants until December 6, 2013 will be granted. Mercator Minerals Ltd.
shares T.ML are trading up $0.01 at $0.42.