Mercator Transport Group Corp
			Symbol			GMT
			Shares Issued			27,293,335
			Close 2008-06-20			C$ 0.46
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Mercator Transport narrows Q4 loss to $60,000

2008-06-25 18:55 ET - News Release

Mr. Patrick Bazinet reports

MERCATOR TRANSPORT GROUP CORPORATION ANNOUNCES A FIFTH CONSECUTIVE QUARTERLY INCREASE IN REVENUES SINCE ITS LISTING ON THE TSX VENTURE IN JANUARY 2007

Mercator Transport Group Corp. has released its financial results for the three-month period ended April 30, 2008.

              FINANCIAL HIGHLIGHTS
         SELECTED CONSOLIDATED RESULTS
           (In thousands of dollars)
          Three months ended April 30, 
    
                             2008         2007  
 
Revenue                     4,802        2,879   
Gross profit                  574          336  
EBITDA                        (41)        (221)  
Net profit (net loss)         (60)        (107)  

As part of Mercator's sustained growth, revenues increased by $1,923,000, or 66.8 per cent, to $4,021,000, compared with $2.76-million for the same period in 2007. The gross margin is 12 per cent, compared with 11.7 per cent for 2007.

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