RSS SubscribeVancouver, 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.