Mercator Transport Group Corp
SymbolGMT
Shares Issued27,418,335
Close 2009-09-22C$ 0.25
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Mercator has 500,000-euro credit line from HSBC

2009-10-08 17:50 ET - News Release

Mr. Jean-Pierre Apelian reports

MERCATOR TRANSPORT ANNOUNCES THE CONCLUSION OF A $780,000 CREDIT LINE

Mercator Transport Group Corp. has agreements with both HSBC and Export Development Canada (EDC), concerning the conclusion of a new credit line to finance Mercator Transport's European activities.

Commenting on the announcement, Jean-Pierre Apelian, chief executive officer, said: "Mercator Transport is very pleased to have EDC as one of its financial partners, as well as benefit from HSBC's international banking network. This credit facility will allow our Lyon subsidiary to become financially independent."

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