Mr. Daniel Rodriguez reports

MERCADO MINERALS GRANTS INCENTIVE STOCK OPTIONS AND ANNOUNCES ENGAGEMENT OF PEAK INVESTOR MARKETING

Mercado Minerals Ltd. has granted an aggregate of 3,785,000 incentive stock options to certain directors, officers and consultants of the company. The options are exercisable at a price of 38 cents per share until Dec. 5, 2030, vest immediately, and are subject to the policies of the Canadian Securities Exchange and the terms of the company's stock option plan.

The company has also entered into a services agreement with Peak Investor Marketing Corp. Peak has agreed to provide marketing services to the company for an initial 12-month term. Peak is a Vancouver-based full-service marketing and consulting firm focused on the junior mining sector.

Peak is an independent arm's-length entity, and will assist Mercado with marketing strategy and planning, corporate communications, and public relations, with the goal of increasing market awareness for the company. Under the terms of the agreement, the company will pay Peak a monthly fee of $12,000 (plus taxes), payable on the last day of each month. After the initial term, Peak will continue providing these services in consideration for a monthly fee of $12,000 (inclusive of taxes), payable on the last day of each month, subject to termination by either party on 30 days of prior written notice. As part of the agreement, Peak will receive 400,000 options. Peak Investor Marketing can be contacted via its website or info@peakinvestormarketing.com.

Correction to news release dated Dec. 4, 2025, titled "Mercado Minerals Closes Subsequent Private Placement and Increases Institutional Ownership"

2686362 Ontario Corp., doing business as CanaCom Group, an arm's-length party, has agreed to provide digital content, marketing and media distribution services to the company. Pursuant to the terms of the CanaCom agreement, such marketing services are to be provided over a 12-month period, for a total fee of $100,000 plus applicable taxes. CanaCom Group is a full-service marketing agency based in Oakville, Ont., and is headed by Jordan Lutz. CanaCom Group provides digital marketing awareness via advertising through its fully owned platform, theDeepDive.ca, which includes both video and written content coverage of Canadian small-cap stories. The company has granted 25,000 options to CanaCom Group in connection with the engagement.

About Mercado Minerals Ltd.

Mercado 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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