NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

Merc International Minerals Inc. ("Merc" or the "Corporation") (TSX VENTURE:MRK)
is pleased to announce that it has completed a non-brokered private placement
offering of 7,288,648 flow-through shares ("Flow-Through Shares") at $0.43 per
Flow-Through Share for gross proceeds of Cdn. $3,134,118.64.


The Flow-Through Shares issued pursuant to the private placement are subject to
a hold period which expires on March 7, 2010. The private placement remains
subject to the final approval of the TSX Venture Exchange.


In connection with this financing, Merc paid finders' fees of $138,937.

The gross proceeds from the Flow-Through Shares will be used for Merc's Canadian
exploration program in the Northwest Territories.


Forward-Looking Information

This news release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, information with respect to Merc's future
financings and exploration program. Generally, forward-looking information can
be identified by the use of forward-looking terminology such as "plans",
"expects", or "does not expect", "is expected", "budget", "scheduled",
"estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or
"believes" or variations of such words and phrases or state that certain
actions, events or results "may", "could", "would", "might", or "will be taken",
"occur", or "be achieved". Forward-looking information is based on the opinions
and estimates of management at the date the information is made, and is based on
a number of assumptions and is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of Merc to be materially different from those
expressed or implied by such forward-looking information, including risks
associated with the exploration, development and mining such as economic factors
as they effect exploration, future commodity prices, changes in foreign exchange
and interest rates, actual results of current exploration activities, government
regulation, political or economic developments, environmental risks, permitting
timelines, capital expenditures, operating or technical difficulties in
connection with development activities, employee relations, the speculative
nature of gold exploration and development, including the risks of diminishing
quantities of grades of reserves, contests over title to properties, and changes
in project parameters as plans continue to be refined as well as those risk
factors discussed in Merc's management discussion and analysis for the year
ended July 31, 2008, available on www.sedar.com. Although Merc has attempted to
identify important factors that could cause actual results to differ materially
from those contained in forward-looking information, there may be other factors
that cause results not to be as anticipated, estimated or intended. There can be
no assurance that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such
information. Accordingly, readers should not place undue reliance on
forward-looking information. Merc does not undertake to update any
forward-looking information, except in accordance with applicable securities
laws.


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