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TORONTO, ONTARIO--(Marketwire - Feb. 22, 2011) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

Merc International Minerals Inc. ("Merc" or the "Company") (TSX VENTURE:MRK) is pleased to announce that it has retained First Canadian Capital Corp. ("First Canadian") as a consultant, subject to regulatory approval, to provide strategic marketing and investor relations services. First Canadian will introduce the Company to private investors, analysts, brokers, money managers and other financial professionals.

Under the terms of the agreement, Merc will pay First Canadian $6,000 per month for a twelve month initial term (with a right of termination by either party after six months) and grant 190,000 stock options for a period of two years at an exercise price of $0.205 per common share, with vesting in accordance with TSX Venture Exchange policies and the Merc's Stock Option Plan.

Based in Toronto and in the investor relations business for fourteen years, First Canadian Capital Corp. has assisted numerous North American corporations in gaining exposure and recognition within the global investment community.

Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, information with respect to Merc's financings, use of proceeds, future expansion in the Northwest Territories and opportunities in the precious metals space. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects", or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "does not anticipate", or "believes" or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", or "will be taken", "occur", or "be achieved". Forward-looking information is based on the opinions and estimates of management at the date the information is made, and is based on a number of assumptions and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Merc to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration, development and mining such as economic factors as they effect exploration, future commodity prices, changes in foreign exchange and interest rates, actual results of current exploration activities, government regulation, political or economic developments, environmental risks, permitting timelines, capital expenditures, operating or technical difficulties in connection with development activities, employee relations, the speculative nature of gold exploration and development, including the risks of diminishing quantities of grades of reserves, contests over title to properties, and changes in project parameters as plans continue to be refined as well as those risk factors discussed in Merc's management discussion and analysis for the year ended July 31, 2010, available on [ www.sedar.com ]. Although Merc has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. Merc does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation 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.