Merc International Minerals Inc. ("Merc") (TSX VENTURE: MRK) is pleased to
announce that it has completed a non-brokered private placement flow-through
unit financing at $0.40 per unit for gross proceeds of Cdn. $1,999,900. Each
unit consists of one flow-through common share and one-half of one
non-flow-through common share purchase warrant, exercisable at $0.75 per common
share for a period of 12 months following the closing date, and $1.00 per common
share for a period of 13 to 24 months following the closing date.


If, at any time six months or more following the closing date, the closing price
of Merc's common shares exceeds $1.25 for 30 consecutive business days, Merc may
provide notice indicating the warrant expiry date will "accelerate" to the date
set forth in the notice, which will be no earlier than 30 days following the
date the notice is issued.


In connection with this financing, Merc paid finders' fees of $70,000 and issued
100,000 broker warrants exercisable at $0.40 for a period of 24 months from the
closing date. Each broker warrant is comprised of one common share and one-half
of one common share purchase warrant, exercisable at $0.75 per common share for
a period of 12 months following the closing date, and $1.00 per common share for
a period of 13 to 24 months following the closing date.


All securities are subject to a four month hold period which expires on March 8,
2009. The net proceeds will be used for advancement of Merc's assets and
exploration.


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