Montreal, Quebec, January 31, 2013 - Mercator Transport Group Corporation ("Mercator Transport" or the "Corporation") (TSX-V: GMT), announces the conclusion of an agreement to sell its subsidiary Mercator Ghana Limited ("MTG"). Formed in 2009, MTG, a subsidiary of the Corporation, operates freight forwarding activities in Ghana. The Company is selling 100% of the shares in MTG for $1. As part of the transaction, the buyer assumes certain assets and liabilities of MTG. The transaction is expected to close January 31, 2013.
About Mercator Transport
Mercator Transport specializes in air, ocean and ground transport brokerage, international logistics and distribution. Based in Montreal (Canada), with offices in France and Argentina, Mercator Transport offers value-added services in global supply chain management, and designs customized solutions. Customer intimacy and commitment differentiates Mercator Transport in its ability to implement customers' requirements.
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For further information:
Mr. Robert Gagnon, Chief Financial Officer