VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/03/14

Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") announces the resignation of Roman Friedrich III from the board of directors of the Company effective immediately.

Robert Quinn, Chairman of Mercator, comments, "The board would like to thank Roman for his service and wish him well in his future endeavours."

About Mercator Minerals Ltd.

Mercator Minerals Ltd., a TSX listed base metals mining company, operates the wholly-owned copper/molybdenum/silver Mineral Park Mine in Arizona, USA. Mercator also wholly-owns two development projects in Sonora, Mexico: the copper heap leach El Pilar project and the molybdenum/copper El Creston project.

On Behalf of the Board of Directors

MERCATOR MINERALS LTD.

D. Bruce McLeod, P.Eng, President and CEO

Contacts:
Mercator Minerals Ltd.
D. Bruce McLeod, P.Eng.
President & CEO
778.330.1290
bmcleod@mercatorminerals.com

Mercator Minerals Ltd.
David Jan, CPA, CA
Head of Investor Relations & Communications
778.330.1295
djan@mercatorminerals.com
www.mercatorminerals.com