Spark Energy Minerals Closes Nova Energia Property Acquisition in “Lithium Valley”, Brazil
VANCOUVER, BC / ACCESSWIRE / March 21, 2023 / Spark Energy Minerals Inc.,
(“Spark” or the “Company” (CSE: EMIN) (Frankfurt: M1N) (OTC: MTEHF) has closed on a
mineral claims purchase agreement dated March. 9, 2023, with Talisman Venture Partners
Ltd. of Victoria, B.C. (www.talismanventurepartners.com), pursuant to which it acquired a
100-per-cent ownership interest in 6 exploration permits comprising approximately 8,600
hectares of surface area in Minas Gerais, Brazil.
Peter Wilson, CEO commented, “With the recent preliminary exploration results
announced March 7, 2023 with our joint venture partner Foxfire Metals Pty., this acquisition
creates a much larger and localized land package for us to explore which generates an
increased confidence level of a significant discovery in the Lithium Valley”.
Talisman retained a 1-per-cent net smelter return. The company can purchase 0.5 per
cent from Talisman at any time for $1 million.
The company paid a total of $100,000 and 10 million units at a deemed price of seven
cents per share. Units shall be comprised one share of the Company's stock and one
transferable share purchase warrant. Each warrant shall be exercisable into an additional
Spark share at a price of $0.15 and have an expiry of 2 years after issue.
The transaction is arm's length, and the company is not paying any finders' fees in
connection therewith.
About Spark Energy Minerals Inc.
Spark Energy Minerals, Inc., is a Canadian company pursuing battery metals and
mineral assets with newly acquired interests in Brazil and Canada. The Company has
acquired assets in some of the world's most prolific mining jurisdictions, Brazil's growing
lithium and provinces and in the Newfoundland, Canada region which is gaining recognition
as a world hot spot for lithium and rare earth mineral exploration.
FOR ADDITIONAL INFORMATION SEE THE COMPANY’S WEB SITE AT
https://sparkenergyminerals.com
Email to [email protected]
Contact: Peter Wilson, CEO, Tel. +1-604-649-0945
Spark Energy Minerals Closes Nova Energia Property
Acquisition in “Lithium Valley”, Brazil
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Minas Gerais, Brazil Area Mining Map
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.
Further information about the Company is available on www.SEDAR.com under the
Company's profile.
Spark Energy Minerals News – 3-21-2023 |
Page 3
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. 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. 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. 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.
Spark Energy Minerals News – 3-21-2023 |