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MERC.CN ·

Mercado Minerals Grants Incentive Stock Options and Announces Engagement of Peak Investor Marketing

Share Capital & Compensation

Trading Symbol (CSE: MERC)

615-625 Howe Street

Vancouver, British Columbia

Canada V6C 2T6

Tel: (604) 353 4080

www.mercadominerals.com

Mercado Minerals Grants Incentive Stock Options and Announces Engagement of Peak Investor

Marketing

Vancouver, BC, December 5, 2025 – Mercado Minerals Ltd. (CSE: MERC) ("Mercado" or the

"Company") is pleased to announce that it has granted an aggregate of 3,785,000 incentive stock options

(the “ Options”) to certain directors, officers, and consultants of the Company. The Options are

exercisable at a price of $0.38 per share until December 5, 2030, vest immediately, and are subject to

the policies of the Canadian Securities Exchange and the terms of the Company’s stock option plan.

The Company has also entered into a services agreement (the “ Peak Agreement”) with Peak Investor

Marketing Corp. (“Peak”). Peak has agreed to provide marketing services to the Company for an initial

12-month term (the “Initial Term”). Peak is a Vancouver-based full-service marketing and consulting

firm focused on the junior mining sector.

Peak is an independent arm’s-length entity and will assist Mercado with marketing strategy and planning,

corporate communications and public relations, with the goal of increasing market awareness for the

Company. Under the terms of the agreement, the Company will pay Peak a monthly fee of $12,000 (plus

taxes), payable on the last day of each month. After the Initial Term, Peak will continue providing these

services in consideration for a monthly fee of $12,000 (inclusive of taxes) payable on the last day of

each month, subject to termination by either party on 30 days’ prior written notice. As part of the

agreement, Peak will receive 400,000 Options. Peak Investor Marketing can be contacted at

www.peakinvestormarketing.com or [email protected].

Correction to news release dated December 4, 2025, titled “ Mercado Minerals Closes Subsequent

Private Placement and Increases Institutional Ownership”. 2686362 Ontario Corporation dba CanaCom

Group (“CanaCom Group”), an arms-length party, pursuant to which CanaCom Group has agreed to

provide digital content, marketing and media distribution services to the Company. Pursuant to the terms

of the CanaCom Agreement, such marketing services are to be provided over a 12-month period, for a

total fee of C$100,000 plus applicable taxes. CanaCom Group is a full-service marketing agency based

in Oakville, Ontario and is headed by Jordan Lutz. CanaCom Group provides digital marketing

awareness via advertising through its fully owned platform theDeepDive.ca, which includes both video

and written content coverage of Canadian small-cap stories. The Company has granted 25,000 Options

to CanaCom Group in connection with the engagement.

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):

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.