LAVAL, QC, Dec. 2 /CNW Telbec/ - Mercator Transport Group Corporation ("Mercator Transport") (TSX-V : GMT) announces the closing of the acquisition of all the assets of Toti Berg Freight Services Limited ("Toti Berg"), a Ghanaian corporation specialized in transport brokerage and transit operations, through its wholly owned subsidiary, Mercator Ghana Limited.
Let us remind the reader that this acquisition, announced November 18, 2009, was concluded at a purchase price of CAN$100,000, entirely payable by the issuance of 250,000 common shares of the share capital of Mercator Transport, at a unit price of $0.40 per share.
About Mercator Transport
Mercator Transport specializes in transport brokerage, international logistics and distribution. With offices in Montreal (Canada), Las Vegas (USA), Lyon (France), and Tema (Ghana), Mercator Transport offers value-added services in global supply chain management, and designs tailor-made solutions. Customer intimacy and commitment differentiates Mercator Transport in its ability to implement customers' requirements.
Neither TSX Venture Exchange nor its Regulatory Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
SOURCE MERCATOR TRANSPORT GROUP CORPORATION
For further information: For further information: Mr. Patrick Bazinet, Director and Interim CFO, Investor relations, (450) 667-8886, email@example.com