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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 MxSdZgTdhYgc99R/Pk6GIIia9t4NLqg5xpTKAayv80G5qLFhzaxyawiwCP37TypM
 R1IGSGJDshQck5xp7ibmQg==

<SEC-DOCUMENT>0000912282-09-000741.txt : 20090519
<SEC-HEADER>0000912282-09-000741.hdr.sgml : 20090519
<ACCEPTANCE-DATETIME>20090519150944
ACCESSION NUMBER:		0000912282-09-000741
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20090519
DATE AS OF CHANGE:		20090519
EFFECTIVENESS DATE:		20090519

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MERCATOR MINERALS LTD
		CENTRAL INDEX KEY:			0001286798
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-64524
		FILM NUMBER:		09839376

	BUSINESS ADDRESS:	
		STREET 1:		1971 SANDOWN PLACE
		CITY:			NORTH VANCOUVER
		STATE:			A1
		ZIP:			V7P3C3
		BUSINESS PHONE:		604-716-5582

	MAIL ADDRESS:	
		STREET 1:		1971 SANDOWN PLACE
		CITY:			NORTH VANCOUVER
		STATE:			A1
		ZIP:			V7P3C3
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0301</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001286798</cik>
        <entityName>MERCATOR MINERALS LTD</entityName>
        <issuerAddress>
            <street1>1971 Sandown Place</street1>
            <city>North Vancouver</city>
            <stateOrCountry>A1</stateOrCountry>
            <zipCode>V7P3C3</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>604-716-5582</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc>A1</jurisdictionOfInc>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2005</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>L.</middleName>
                <lastName>Surratt</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1971 Sandown Place</street1>
                <city>North Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V7P3C3</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thomas</firstName>
                <middleName></middleName>
                <lastName>Gavin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1971 Sandown Place</street1>
                <city>North Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V7P3C3</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Raymond</firstName>
                <middleName>R.</middleName>
                <lastName>Lee</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1971 Sandown Place</street1>
                <city>North Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V7P3C3</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Ron</firstName>
                <middleName></middleName>
                <lastName>Van Koughnett</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1971 Sandown Place</street1>
                <city>North Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V7P3C3</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Stephen</firstName>
                <middleName>P.</middleName>
                <lastName>Quin</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1971 Sandown Place</street1>
                <city>North Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V7P3C3</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <middleName>D.</middleName>
                <lastName>Lindeman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1971 Sandown Place</street1>
                <city>North Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V7P3C3</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Robert</firstName>
                <middleName>J.</middleName>
                <lastName>Quinn</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1971 Sandown Place</street1>
                <city>North Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V7P3C3</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Marc</firstName>
                <middleName>S.</middleName>
                <lastName>LeBlanc</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1971 Sandown Place</street1>
                <city>North Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V7P3C3</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gary</firstName>
                <middleName></middleName>
                <lastName>Simmerman</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1971 Sandown Place</street1>
                <city>North Vancouver</city>
                <stateOrCountry>A1</stateOrCountry>
                <zipCode>V7P3C3</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>$25,000,001 - $100,000,000</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-05-05</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Jennings Capital Inc.</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>Jennings Capital (U.S.A.) Inc.</associatedBDName>
                <associatedBDCRDNumber>141191</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>33 Yonge Street</street1>
                    <street2>Suite 320</street2>
                    <city>Toronto</city>
                    <stateOrCountry>A6</stateOrCountry>
                    <zipCode>M5E1G4</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Scotia Capital Inc.</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>40 King Street West</street1>
                    <city>Toronto</city>
                    <stateOrCountry>A6</stateOrCountry>
                    <zipCode>M5W2X6</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Blackmont Capital Inc.</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>4100 Yonge Street</street1>
                    <city>Toronto</city>
                    <stateOrCountry>A6</stateOrCountry>
                    <zipCode>M2P2B5</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Haywood Securities Inc.</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>181 Bay Street</street1>
                    <city>Toronto</city>
                    <stateOrCountry>A6</stateOrCountry>
                    <zipCode>M5J2T3</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
            </recipient>
            <recipient>
                <recipientName>Acumen Capital Finance Partners Limited</recipientName>
                <recipientCRDNumber>None</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>404 Sixth Avenue S.W.</street1>
                    <street2>Suite 700</street2>
                    <city>Calgary</city>
                    <stateOrCountry>A0</stateOrCountry>
                    <zipCode>T2P0R9</zipCode>
                </recipientAddress>
                <statesOfSolicitationList></statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>1128678</totalOfferingAmount>
            <totalAmountSold>1128678</totalAmountSold>
            <totalRemaining>0</totalRemaining>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>2</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>73364</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>Also received 75,010 warrants exercisable @ $1.15/common for 24 months</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>MERCATOR MINERALS LTD</issuerName>
                <signatureName>/s/ Marc S. LeBlanc</signatureName>
                <nameOfSigner>Marc S. LeBlanc</nameOfSigner>
                <signatureTitle>VP Corporate Development &amp; Corporate Secretary</signatureTitle>
                <signatureDate>2009-05-15</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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