Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

MERC.CN ·

Mercado Minerals Closes Private Placement and Welcomes Vizsla Silver as a Strategic Shareholder

Financings

Trading Symbol (CSE: MERC)

615-625 Howe Street

Vancouver, British Columbia

Canada V6C 2T6

Tel: (604) 353 4080

www.mercadominerals.com

Mercado Minerals Closes Private Placement and Welcomes Vizsla Silver as a Strategic

Shareholder

Vancouver, BC, December 1, 2025 – Mercado Minerals Ltd. (CSE: MERC) ("Mercado" or the

"Company") is pleased to announce the closing of its non-brokered private placement financing (the

"Offering"). In connection with closing of the Offering, the Company issued 27,990,000 units (each, a

"Unit") at a price of C$0.20 per Unit for gross proceeds of C$5,598,000. The Offering included

participation and a strategic investment from Vizsla Silver Corp (“Vizsla”) in Mercado.

Daniel Rodriguez, CEO and Director commented, “We received overwhelming support in this financing,

and I am excited to start advancing Copalito and Zamora as we strive to become a premier explorer

focused on the under explored western margin of the Sierra Madre. I would like to welcome Vizsla as a

shareholder and I am looking forward to their support as we grow.”

Each Unit consists 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 is exercisable

by the holder thereof to acquire one Common Share (a " Warrant Share") at a price of C$0.35 until

November 28, 2028.

Finder’s fees of $218,400 were paid in cash and 1,074,500 finder’s warrants were issued to certain

eligible parties. Each finder’s warrant is exercisable at C$0.35 until November 28, 2028. All securities

issued with respect to the Offering are subject to a four month and a day hold period expiring on March

29, 2026.

Proceeds from the Offering will be allocated towards several initiatives, including 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.

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

Phone: (604) 353-4080

Email: [email protected]

- 2 -

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 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.