Mercado Minerals Upsizes Private Placement to C$5.598 Million

Vancouver, BC — November 13, 2025 — Leads & Copy —

Mercado Minerals Ltd. (CSE: MERC) has announced an upsized non-brokered private placement due to strong investor interest. The company will offer 27,990,000 units at C$0.20 per unit, aiming to raise gross proceeds of up to C$5,598,000.

Each unit will comprise one common share and one-half of a common share purchase warrant. Each whole warrant allows the holder to acquire one common share at C$0.35 for 36 months.

The proceeds from the offering will be used for exploration of the recently acquired Copalito and Zamora properties, acquisition costs, generating new project acquisitions, investor relations programs, and general corporate working capital.

Finder's fees of up to 7% in cash and 7% in finder’s warrants may be paid to eligible parties, with each finder’s warrant exercisable at C$0.35 for 36 months.

Insiders may participate in the offering. The company will rely on exemptions from valuation and minority shareholder approval requirements outlined in Multilateral Instrument 61-101. All securities issued will be subject to a four-month hold period, as per applicable securities laws. The offering is expected to close in early December 2025, pending regulatory approvals from the Canadian Securities Exchange.

The company is also making it known that this news release does not constitute an offer of securities for sale in the United States, and the securities being offered have not been, and will not be, registered under the United States Securities Act of 1933.

Mercado Minerals Ltd. is involved in acquiring and exploring mineral properties in the Americas and has been primarily focused on the Porter Property in British Columbia’s Alberni Mining Divisions.

Daniel Rodriguez, CEO & Director, can be reached at (604) 353-4080 or drodriguez@mercadominerals.com. John Fraser, VP Business Development & Director, can be reached at (604) 838-7677 or jfraser@mercadominerals.com.

Forward-looking statements in this release are subject to risks and uncertainties. The company disclaims any obligation to update these statements publicly, except as required by law.

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Source: Mercado Minerals Ltd.