RSS SubscribeVancouver, BC, October 20, 2025 – Mercado Minerals Ltd. (CSE: MERC) (“Mercado” or the “Company”) is pleased to announce that it has completed the acquisition (the “Acquisition”) of Concordia Silver Company S.A. DE C.V. (“Concordia”). Concordia is an arms-length privately-held Mexican corporation that holds mineral properties in Sinaloa, Mexico.
Under the terms of the Agreement, Mercado acquired 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 are subject to restrictions on resale from which they will be release in four equal tranches every six months over a twenty-four month period.