Mercado Minerals Closes Subsequent Private Placement and Increases Institutional Ownership

Executive Summary

• Mercado Minerals closed a non‑brokered private placement, issuing 5,025,000 Units at C$0.20 each for gross proceeds of C$1,005,000.
• Each Unit includes one common share and half of a common‑share purchase warrant (full warrant exercisable at C$0.35 until Dec 4 2028).
• Proceeds are earmarked for exploration of newly acquired Copalito and Zamora properties, acquisition costs, future project acquisitions, investor‑relations activities, and general working capital.

Key Details

• Units Issued: 5,025,000 at C$0.20 per Unit → C$1,005,000 gross proceeds.
• Unit Composition: 1 common share + ½ warrant (full warrant exercisable at C$0.35 per share).
• Warrant Terms: Exercise price C$0.35; expiry Dec 4 2028.
• Finder’s Compensation: Cash payment of C$70,350 and issuance of 351,750 finder’s warrants (exercisable at C$0.35 until Dec 4 2028).
• Holding Period: All securities subject to a four‑month‑and‑one‑day hold period expiring April 5 2026.
• Ownership Post‑Offering: Strategic and institutional investors now hold 19.90% of outstanding shares.
• Use of Proceeds:
• Exploration of recently acquired Copalito and Zamora properties.
• Acquisition costs and generation of new project acquisitions.
• Investor‑relations programs (including a three‑month IR services agreement with Ora IR Services – C$15,000 fee).
• Digital marketing and media distribution services (12‑month CanaCom Group agreement – C$100,000 fee).
• General corporate working capital.
• Investor Relations Agreement: Effective Dec 4 2025; Ora IR Services to provide full suite of IR services for C$15,000 plus taxes over three months. No securities issued to Ora IR.
• Marketing Services Agreement: Effective Dec 4 2025; CanaCom Group to deliver digital content and media distribution for C$100,000 plus taxes over twelve months. No securities issued to CanaCom Group.

Notable Quotes

• “The successful closing of this financing provides us with the capital needed to advance our exploration program on Copalito and Zamora while supporting ongoing acquisition opportunities,” – Daniel Rodriguez, CEO & Director.