Consolidated Mercantile Incorporated TORONTO, May 26 /PRNewswire-FirstCall/ -- Consolidated Mercantile Incorporated ("CMC" - T.S.X.) ("CSLMF" - NASDAQ) announced today that it has completed the purchase for cancellation of $550,000 of its issued and outstanding 11.9% convertible debentures from Cambrelco Inc. as referred to in a Press Release issued by the Corporation on May 2, 2005. DATASOURCE: Consolidated Mercantile Incorporated CONTACT: Stan Abramowitz, Secretary, (416) 920-0500

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