Mercator Minerals Ltd. announced that, Mineral Park Inc. have entered into amending and ancillary documentation with the syndicate of lenders under the MPI credit facility which facilitates the following amendments: MPI will have the right to withdraw up to USD 1.0 million from the restricted cash in the debt service reserve account through to and including November 15, 2013, which will be used to fund ongoing operating activities at MPI. The requisite Lenders have agreed to extend the forbearance in exercising any remedies under the credit facility until November 15, 2013. The forbearance can be extended beyond November 15, 2013 with the approval of the requisite Lenders.