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MERC.CN ·

Mercado Minerals Announces Subsequent Non-Brokered Private Placement

Financings

Trading Symbol (CSE: MERC)

615-625 Howe Street

Vancouver, British Columbia

Canada V6C 2T6

Tel: (604) 353 4080

www.mercadominerals.com

Mercado Minerals Announces Subsequent Non-Brokered Private Placement

Vancouver, BC, November 19, 2025 – Mercado Minerals Ltd. (CSE: MERC) ("Mercado" or the

"Company") is pleased to announce that due to strong investor interest, the previously announced non-

brokered offering of up to 27,990,000 units of the Company (the “Initial Offering”), is fully subscribed

and that the Company intends to conduct a subsequent non-brokered private placement financing of up

to 5,025,000 units (each, a “ Unit”) at a price of C$0.20 per unit (each, a “ Unit”) for gross proceeds of

up to $1,005,000 (the “Subsequent Offering”).

Each Unit in the Subsequent Offering shall consist of one common share of the Company (each, a

"Common Share ") and one-half of one Common Share purchase warrant (each whole warrant, a

"Warrant"). Each Warrant will be exercisable to acquire one Common Share (a " Warrant Share") at

a price of C$0.35 for a period of 36 months.

The net proceeds of the Subsequent 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.

All securities issued under the Subsequent Offerings will be subject to a hold period of four months

and one day in accordance with applicable securities laws. The closing of the Subsequent Offering is

subject to receipt of all necessary regulatory approvals, including from the Canadian Securities

Exchange.

This news release does not constitute an offer of securities for sale in the United States. The securities

being offered have not been, and will not be, registered under the United States Securities Act of 1933,

as amended, and such securities may not be offered or sold within the United States absent U.S.

registration or an applicable exemption from U.S. registration requirements.

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.

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For further information, contact:

Daniel Rodriguez

CEO & Director

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):

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 and the intended use of proceeds from the

Offering. 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.