RSS SubscribeVancouver, BC, December 4, 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 5,025,000 (each, a “Unit“) at a price of C$0.20 per Unit for gross proceeds of C$1,005,000. The Offering included participation and a strategic investment from an institutional fund. After the close of this Offering Mercado is 19.90% held by strategic and institutional investors.
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 to acquire an additional Common Share (a “Warrant Share“) at a price of C$0.35 until December 4, 2028.