{ "as_of": "2026-11-06", "cmr": "ca-cm-kg/CSE/MERC", "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.", "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Mercado Minerals Ltd. (CSE: MERC) — research page\n\nAs of 2026-11-06 · ca-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Mercado Minerals Ltd., listed on the CSE under the ticker MERC, with ISIN CA58734C1041 and LEI 894500B2XW2F21IBUF58. Its security type is Corporate, its segment is not on the record, its sector is Mining, and its jurisdiction is British Columbia (CA-BC). Its listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 11 filings in the twelve months to 2026-11-06, all of them newswire releases, on 10 filing days. The median gap between filing days is 26 days. The latest filing is dated 2026-11-05, a newswire release, 1 day before the record date. The CSE median cadence gap is 19.5 days across 724 issuers, with a median of 6.0 filings and a median latency of 17.0 days. The Mining sector median cadence gap is 17.0 days across 1414 issuers, with a median of 10.0 filings and a median latency of 15.0 days.\n\n## Auditor\n\nThe auditor of record is Baker Tilly US, LLP; its location is not on the record. The record holds no auditor changes.\n\n## Events and halts\n\nThe record holds no listing, delisting, domicile change, name change or segment move lines. The halt flag is listed, not halted.\n\n## Orderability\n\nUnder the rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04, the outcome for Paragraph (o) of the definition is signal ACM-200, determinable. The outcome for Paragraph (q) of the definition is signal ACM-200, determinable.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations pages read; the count is 0.\n\n## Open research\n\nNo openly published research notes were found; the count is 0.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-10. The years 2021 through 2026 are sealed in the store but are not served as of a date; the as-of door answers not_sealed.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://thecse.com/api/webapi/listed-companies/ (identity.exchange)\n- https://www.marketscreener.com/quote/stock/MERCADO-MINERALS-LTD-178685251 (identity.isin)\n- https://api.gleif.org/api/v1/lei-records/894500B2XW2F21IBUF58 (identity.jurisdiction)\n- https://mcp.ca-cm-kg.ai/events/CSE/MERC (the disclosure lines)\n- https://iiroc.mediaroom.com/index.php?s=2429&l=100 (the halt flag)\n- https://thecse.com/listings/mercado-minerals-ltd/ (the auditor)\n- https://mcp.ca-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.ca-cm-kg.ai/record/CSE/MERC (the record)\n", "market": "CA", "node": "ca-cm-kg", "numbers": { "as_of_depth": { "issuer_years_sealed": [], "live_record_began": "2026-09-10", "node_history_from": null, "node_years_sealed": [], "note": "6 years are sealed in the CA store; their Replay split is not built, so the as-of door answers not_sealed and the record is the live record as of 2026-11-06", "record_version": 1, "sealed": false, "store_years_sealed_not_served": [ "2021", "2022", "2023", "2024", "2025", "2026" ] }, "auditor": { "auditor": { "read_by": "CSE", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://thecse.com/listings/mercado-minerals-ltd/", "state": "sourced", "value": "Baker Tilly US, LLP" }, "auditor_firm_id": { "market": "CA", "state": "not_on_record" }, "auditor_location": { "market": "CA", "state": "not_on_record" }, "changes": [] }, "cmr": "ca-cm-kg/CSE/MERC", "coverage": { "count": 0, "houses": [], "pages_checked": [], "read_by": "Perplexity sonar (search) · page read by this rail", "read_date": "2026-11-12", "since": null, "state": "none_found" }, "disclosure": { "against": { "exchange": { "issuers": 724, "median_cadence_gap_days": 19.5, "median_filings": 6, "median_latency_days": 17, "name": "CSE" }, "sector": { "issuers": 1414, "median_cadence_gap_days": 17, "median_filings": 10, "median_latency_days": 15, "name": "Mining" } }, "by_type": { "newswire_release": 11 }, "cadence_median_gap_days": 26, "filing_days": 10, "filings": 11, "latency_days": 1, "latest": [ { "category": null, "date": "2026-11-05", "source": "https://www.newsfilecorp.com/release/322461/Mercado-Minerals-Commences-Inaugural-Diamond-Drill-Program-at-Zamora?lang=fr", "title": "Mercado Minerals Commences Inaugural Diamond Drill ...", "type": "newswire_release" }, { "category": null, "date": "2026-11-05", "source": "https://www.newsfilecorp.com/release/322461/Mercado-Minerals-Commences-Inaugural-Diamond-Drill-Program-at-Zamora", "title": "Mercado Minerals Commences Inaugural Diamond Drill Program at Zamora", "type": "newswire_release" }, { "category": null, "date": "2026-10-26", "source": "https://www.newsfilecorp.com/release/320848/Mercado-Minerals-Expands-El-Triunfo-Vein-at-Zamora-Project-with-New-Surface-Results-Including-0.60-Metres-of-815-gt-Silver-and-1.66-gt-Gold-Within-1.55-Metres-of-381-gt-Silver-and-0.85-gt-Gold", "title": "Mercado Minerals Expands El Triunfo Vein at Zamora Project with New Surface Results Including 0.60 Metres of 815 g/t Silver and 1.66 g/t Gold, Within 1.55 Metres of 381 g/t Silver and 0.85 g/t Gold", "type": "newswire_release" }, { "category": null, "date": "2026-10-23", "source": "https://www.newsfilecorp.com/release/320321/Mercado-Minerals-Announces-New-Surface-Results-from-the-Zamora-Project-Including-0.40-Metres-of-1615-gt-Silver-and-1.77-gt-Gold-at-the-Campanillas-La-Franca-Vein-1075-gt-Silver-and-1.14-gt-Gold-at-the-El-Triunfo-Vein", "title": "Mercado Minerals Announces New Surface Results from the Zamora Project Including 0.40 Metres of 1615 g/t Silver and 1.77 g/t Gold at the Campanillas - La Franca Vein & 1075 g/t Silver and 1.14 g/t Gold at the El Triunfo Vein", "type": "newswire_release" }, { "category": null, "date": "2026-10-22", "source": "https://www.newsfilecorp.com/release/320321/Mercado-Minerals-Announces-New-Surface-Results-from-the-Zamora-Project-Including-0.40-Metres-of-1615-gt-Silver-and-1.77-gt-Gold-at-the-Campanillas-La-Franca-Vein-1075-gt-Silver-and-1.14-gt-Gold-at-the-El-Triunfo-Vein", "title": "Mercado Minerals Announces New Surface Results from the Zamora Project Including 0.40 Metres of 1615 g/t Silver and 1.77 g/t Gold at the Campanillas - La Franca Vein & 1075 g/t Silver and 1.14 g/t Gold at the El Triunfo Vein", "type": "newswire_release" } ], "latest_filing_date": "2026-11-05", "read": "the node's event lines (list_events_since), as get_filings serves them", "source": "https://mcp.ca-cm-kg.ai/events/CSE/MERC", "window": { "from": "2025-11-06", "to": "2026-11-06" } }, "identity": { "exchange": { "read_by": "thecse.com listed-companies API (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://thecse.com/api/webapi/listed-companies/", "state": "sourced", "value": "CSE" }, "isin": { "read_by": "Tavily search + regex extraction from page text", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://www.marketscreener.com/quote/stock/MERCADO-MINERALS-LTD-178685251", "state": "sourced", "value": "CA58734C1041" }, "jurisdiction": { "read_by": "GLEIF LEI record (LEI per the LEI column)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://api.gleif.org/api/v1/lei-records/894500B2XW2F21IBUF58", "state": "sourced", "value": "British Columbia (CA-BC)" }, "lei": { "read_by": "GLEIF name-exact", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://api.gleif.org/api/v1/lei-records/894500B2XW2F21IBUF58", "state": "filled", "value": "894500B2XW2F21IBUF58" }, "name": { "read_by": "thecse.com listed-companies API (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://thecse.com/api/webapi/listed-companies/", "state": "sourced", "value": "Mercado Minerals Ltd." }, "sector": { "read_by": "thecse.com listed-companies API (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://thecse.com/api/webapi/listed-companies/", "state": "sourced", "value": "Mining" }, "security_type": { "read_by": "thecse.com listed-companies API (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://thecse.com/api/webapi/listed-companies/", "state": "sourced", "value": "Corporate" }, "segment": { "market": "CA", "state": "not_on_record" }, "ticker": { "read_by": "thecse.com listed-companies API (exchange list)", "read_date": "2026-11-06", "read_date_basis": "the record version as_of", "source": "https://thecse.com/api/webapi/listed-companies/", "state": "sourced", "value": "MERC" }, "website": { "market": "CA", "state": "not_on_record" } }, "licensed": { "columns": [ "licensor", "entitlement", "title", "date", "source" ], "rows": [], "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded." }, "lifecycle": { "delisting": [], "domicile_change": [], "listing": [], "name_change": [], "segment_move": [] }, "market": "CA", "node": "ca-cm-kg", "numbers_hash": "sha256:986082987455372a331b18eb7ecb8ec1d72aa97e0a27b2138cca6580b5d71775", "open_research": { "read_date": "2026-11-12", "rows": [], "state": "none_found" }, "orderability": { "chapter_as_of": "2026-11-04", "client_categories": [ "Paragraph (o) of the definition", "Paragraph (q) of the definition" ], "outcomes": { "Paragraph (o) of the definition": { "determinable": true, "signal": "ACM-200" }, "Paragraph (q) of the definition": { "determinable": true, "signal": "ACM-200" } }, "read": { "basis": "one live read per instrument class, halt state and client category on this market; this issuer's group", "chapter": "https://mcp.ca-cm-kg.ai/book/aio.json", "door": "https://mcp.ca-cm-kg.ai/mcp", "tool": "get_orderability" }, "rule_version": "acm-68000/ca/kyp-know-your-product-ni-31-103/r1", "section": "ca.aio.v11" }, "record": { "as_of": "2026-11-06", "url": "https://mcp.ca-cm-kg.ai/record/CSE/MERC", "version": 1 }, "schema": "research-numbers v0.1 (USR-01, 2026-11-11)", "status": { "read_date": "2026-11-08", "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100", "value": "listed, not halted" } }, "numbers_hash": "sha256:986082987455372a331b18eb7ecb8ec1d72aa97e0a27b2138cca6580b5d71775", "path": "/ca/CSE/MERC", "schema": "research-page v0.1 (USR-02, 2026-11-11)", "sections": [ { "id": "identity", "text": "The issuer is Mercado Minerals Ltd., listed on the CSE under the ticker MERC, with ISIN CA58734C1041 and LEI 894500B2XW2F21IBUF58. Its security type is Corporate, its segment is not on the record, its sector is Mining, and its jurisdiction is British Columbia (CA-BC). Its listing status is listed, not halted.", "title": "Identity and listing" }, { "id": "disclosure", "text": "The record holds 11 filings in the twelve months to 2026-11-06, all of them newswire releases, on 10 filing days. The median gap between filing days is 26 days. The latest filing is dated 2026-11-05, a newswire release, 1 day before the record date. The CSE median cadence gap is 19.5 days across 724 issuers, with a median of 6.0 filings and a median latency of 17.0 days. The Mining sector median cadence gap is 17.0 days across 1414 issuers, with a median of 10.0 filings and a median latency of 15.0 days.", "title": "The disclosure read" }, { "id": "auditor", "text": "The auditor of record is Baker Tilly US, LLP; its location is not on the record. The record holds no auditor changes.", "title": "Auditor" }, { "id": "events", "text": "The record holds no listing, delisting, domicile change, name change or segment move lines. The halt flag is listed, not halted.", "title": "Events and halts" }, { "id": "orderability", "text": "Under the rule version acm-68000/ca/kyp-know-your-product-ni-31-103/r1, with the chapter as of 2026-11-04, the outcome for Paragraph (o) of the definition is signal ACM-200, determinable. The outcome for Paragraph (q) of the definition is signal ACM-200, determinable.", "title": "Orderability" }, { "id": "coverage", "text": "No research houses were found on the issuer's investor-relations pages read; the count is 0.", "title": "Coverage" }, { "id": "open_research", "text": "No openly published research notes were found; the count is 0.", "title": "Open research" }, { "id": "licensed", "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.", "title": "Licensed" }, { "id": "depth", "text": "The market's vintage is not sealed, and no issuer years are sealed. The live record began on 2026-09-10. The years 2021 through 2026 are sealed in the store but are not served as of a date; the as-of door answers not_sealed.", "title": "As-of depth" }, { "id": "sources", "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.", "title": "Sources" } ], "sources": [ { "for": "identity.exchange", "source": "https://thecse.com/api/webapi/listed-companies/" }, { "for": "identity.isin", "source": "https://www.marketscreener.com/quote/stock/MERCADO-MINERALS-LTD-178685251" }, { "for": "identity.jurisdiction", "source": "https://api.gleif.org/api/v1/lei-records/894500B2XW2F21IBUF58" }, { "for": "the disclosure lines", "source": "https://mcp.ca-cm-kg.ai/events/CSE/MERC" }, { "for": "the halt flag", "source": "https://iiroc.mediaroom.com/index.php?s=2429&l=100" }, { "for": "the auditor", "source": "https://thecse.com/listings/mercado-minerals-ltd/" }, { "for": "the orderability chapter", "source": "https://mcp.ca-cm-kg.ai/book/aio.json" }, { "for": "the record", "source": "https://mcp.ca-cm-kg.ai/record/CSE/MERC" } ], "title": "Mercado Minerals Ltd. (MERC) — research page", "writer": { "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers", "engine": "claude-haiku-5-5" } }