Vancouver, B.C. – May 30, 2025 – Spark Energy Minerals Inc. (“Spark Energy” or the “Company”) (CSE: SPRK) (OTC: SPARF) (Frankfurt: 8PC) is pleased to announce that it intends to amend the exercise price of 15,000,0000 unlisted common share purchase warrants of the Company (the "Eligible Warrants") which were issued as part of the Company's acquisition of Tristar Energy Corp which closed on March 15, 2024. The Eligible Warrants are currently exercisable for one common share of the Company (each a "Common Share") at a price of $0.15 per Common Share, and expire on March 15, 2026, at 4:30 p.m. (Vancouver time).
Further to the Company's press release dated May 7, 2025, the Company now intends to amend the exercise price to $0.075 (the "Warrant Repricing") and has received Canadian Securities Exchange (the "Exchange") acceptance. All other terms of the Eligible Warrants will remain the same, including the expiry date of March 15, 2026. The Warrant Repricing will be effective as of June 2, 2025.
About Spark Energy Minerals Inc.
Spark Energy Minerals, Inc. is a Canadian company focused on the acquisition, exploration, and development of battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company’s flagship project is the Arapaima Lithium & REE project spanning a combined 91,900 hectares in Brazil's renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition.
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
FOR ADDITIONAL INFORMATION, SEE THE COMPANY'S WEBSITE AT
Email: connect@sparkminerals.co
Contact: Eugene Hodgson, CEO, Tel. +1-877-272-9226
Forward-Looking Statement Disclaimer
Certain statements contained in this release may constitute "forward–looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated", "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. In addition, it should be noted that rock, soil and stream sediment samples are inherently selective samples and may not represent the true underlying mineralization. The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
