Mercado Minerals increases financing to $5.59-million

Mr. Daniel Rodriguez reports MERCADO MINERALS ANNOUNCES UPSIZE TO NON-BROKERED PRIVATE PLACEMENT Mercado Minerals Ltd., due to strong investor interest, has upsized its previously announced non-brokered private placement. The company will offer 27.99 million units of the company at a price of 20 cents per unit for gross proceeds to the company of up to $5,598,000. Each unit shall consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will be exercisable to acquire one common share at a price of 35 cents for a period of 36 months. Proceeds from the offering will be allocated towards exploration of the recently acquired properties Copalito and Zamora, acquisition costs, the generation of new project acquisitions, investor relations programs, and general corporate working capital. Finders' fees of up to 7 per cent in cash and 7 per cent in finders' warrants will be paid to eligible parties. Each finder's warrant is exercisable at 35 cents for a period of 36 months. Insiders may participate in the offering. The company will rely on exemptions from the valuation and minority shareholder approval requirements contained in Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. All securities issued under the offering will be subject to a hold period of four months and one day in accordance with applicable securities laws. The closing of the offering is expected to occur in early December, 2025, subject to receipt of all necessary regulatory approvals, including from the Canadian Securities Exchange. About Mercado Minerals Ltd. Mercado Minerals 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. We seek Safe Harbor.