Mr. Daniel Rodriguez reports

MERCADO MINERALS ANNOUNCES CFO TRANSITION

Dennis Cojuco will be stepping down as Mercado Minerals Ltd.'s chief financial officer (CFO) and director, effective Oct. 31, 2025, in order to focus on his other endeavours. The Mercado team and board of directors wish all the best in his future. Effective immediately, Mercado announces the appointment of Mathew Lee as chief financial officer of the company.

Mr. Lee brings over 15 years of corporate finance, governance and capital markets experience. A CPA charterholder and graduate of the University of British Columbia, Mr. Lee has delivered outsourced CFO services to growth-stage public issuers. Mr. Lee has advised and managed finance functions for public companies across technology, mining, cannabis and ESG (environmental, social and governance) industries. His career includes leadership roles at Raymond James Ltd., AP Capital Management and Smythe LLP, where he built expertise in M&A (merger and acquisition) accounting, regulatory compliance and corporate governance.

Daniel Rodriguez, chief executive officer and director, comments: "I would like to thank Dennis for his hard work and help getting Mercado to where it is today and we wish you nothing but the best. I also would like to welcome Mat to the team. I am looking forward to working along side you as we continue to grow Mercado."

About Mercado Minerals Ltd.

Mercado Minerals 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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