Mr. Daniel Rodriguez reports

MERCADO MINERALS ANNOUNCES SUBSEQUENT NON-BROKERED PRIVATE PLACEMENT

Due to strong investor interest, the previously announced non-brokered offering of up to 27.99 million units of Mercado Minerals Ltd. is fully subscribed and the company intends to conduct a subsequent non-brokered private placement financing of up to 5,025,000 units at a price of 20 cents per unit for gross proceeds of up to $1,005,000.

Each unit in the subsequent offering shall consist of one common share of the company and one-half of one common share purchase warrant. Each warrant will be exercisable to acquire one common share at a price of 35 cents for a period of 36 months.

The net proceeds of the subsequent offering will be allocated toward exploration of the recently acquired properties Copalito and Zamora, acquisition costs, the generation of new project acquisitions, investor relations programs, and general corporate working capital.

All securities issued under the subsequent offerings will be subject to a hold period of four months and one day in accordance with applicable securities laws. The closing of the subsequent offering is subject to receipt of all necessary regulatory approvals, including from the Canadian Securities Exchange.

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.

We seek Safe Harbor.