Mercado Minerals Signs Definitive Agreement to Acquire Concordia Silver
Trading Symbol (CSE: MERC)
615-625 Howe Street
Vancouver, British Columbia
Canada V6C 2T6
Tel: (604) 353 4080
www.mercadominerals.com
Mercado Minerals Signs Definitive Agreement to Acquire Concordia Silver
Vancouver, BC, September 29, 2025 – Mercado Minerals Ltd. (CSE: MERC) (“Mercado” or the
“Company”) is pleased to announce it has signed and executed a definitive share purchase agreement
(the “Agreement”), dated September 26, 2025, to acquire (the “ Acquisition”) all of the outstanding
share capital of Concordia Silver Company S.A. DE C.V. (“Concordia”). The Acquisition includes two
silver - gold mineral properties held by Concordia, Copalito and Zamora, located in Sinaloa, Mexico.
Daniel Rodriguez, CEO and Director of Mercado, commented, “This is an important development for
Mercado, as we continue to expand our project portfolio. Our due diligence reviewing the assets in
Concordia leaves us to believe we have lots of exploration upside. I look forward to working with our
team in Mexico as we advance Copalito and Zamora.”
Under the terms of the Agreement, Mercado will acquire all of the outstanding share capital of Concordia
in consideration for a cash payment US$105,000 and the issuance of 6,000,000 common shares (the
“Consideration Shares”) to Concordia shareholders (collectively, the “Vendors”). Mercado will issue
a further 2,000,000 common shares to the Vendors on the first anniversary of closing the Acquisition
and a further 2,000,000 common shares to the Vendors on the second anniversary of closing the
Acquisition. The Considerations Shares will be subject to restrictions on resale following issuance from
which they will be release in four equal tranches every six months over a twenty-four month period.
The Company is at arms-length from Concordia and the Vendors. In connection with closing of the
Acquisition, a finders’ fee of 300,000 common shares is due and owing to an arm’s-length party who
introduced Concordia. No changes to the board or management of the Company are contemplated in
connection with the Acquisition. Completion of the Acquisition remains subject to completion of
customary closing deliverables. The Acquisition is not expected to constitute a fundamental change for
the Company nor will it result in a change of control of the Company (within the meaning of applicable
securities laws and the policies of the Canadian Securities Exchange).
For further information concerning the Acquisition, readers can review the news releases issued by the
Company on June 11, 2025, and July 28, 2025.
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
- 2 -
Phone: (604) 353-4080
Email: [email protected]
John Fraser
VP Business Development & Director
Phone: (604) 838-7677
Email: [email protected]
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. Factors
that could cause actual results to differ include conditions in equity financing markets, and receipt of regulatory and
shareholder approvals. 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.