Vancouver, BC, October 31, 2025 – TheNewswire - Mercado Minerals Ltd. (CSE: MERC) ("Mercado" or the "Company") announces that Mr. Dennis Cojuco will be stepping down as Chief Financial Officer ("CFO") and Director of the Company effective October 31, 2025, in order to focus on his other endeavours. The Mercado team and Board of Directors wish all the best in his future. Effective immediately, Mercado announces the appointment of Mr. Mathew Lee as CFO of the Company.

 

Mr. Mathew Lee brings over 15 years of corporate finance, governance, and capital markets experience. A CPA Charterholder and graduate of the University of British Columbia, Mat has delivered outsourced CFO services to growth-stage public issuers. Mat has advised and managed finance functions for public companies across technology, mining, cannabis, and ESG industries. His career includes leadership roles at Raymond James Ltd., AP Capital Management, and Smythe LLP, where he built expertise in M&A accounting, regulatory compliance, and corporate governance.

Daniel Rodriguez, CEO and Director, comments, “I would like to thank Dennis for his hard work and help getting Mercado to where it is today and we wish you nothing but the best. I also would like to welcome Mat to the team. I am looking forward to working along side you as we continue to grow Mercado.”

About Mercado Minerals Ltd.
Mercado Minerals Ltd. (CSE: MERC) is a company involved in the business of acquiring and exploring mineral properties in the Americas. Mercado has been primarily involved in the exploration and evaluation of the Porter Property, located within the Alberni Mining Divisions of British Columbia.

For further information, contact:
Daniel Rodriguez
CEO & Director
Phone: (604) 353-4080
Email: drodriguez@mercadominerals.com

John Fraser
VP Business Development & Director
Phone: (604) 838-7677
Email: jfraser@mercadominerals.com

 

Forward-Looking Statement (Safe Harbor Statement):

This press release contains forward-looking statements within the meaning of applicable securities laws. The use of any of the words "anticipate," "plan," "continue," "expect," "estimate," "objective," "may," "will," "project," "should," "predict," "potential" and similar expressions are intended to identify forward-looking statements. In particular, this press release contains forward-looking statements concerning the Company’s exploration plans. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on these statements because the Company cannot provide assurance that they will prove correct. Forward-looking statements involve inherent risks and uncertainties, and actual results may differ materially from those anticipated. These forward-looking statements are made as of the date of this press release, and, except as required by law, the Company disclaims any intent or obligation to update publicly any forward-looking statements.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.