Spark Energy Minerals Announces OTC Markets Symbol Change

VANCOUVER, BC / August 26, 2024 / Spark Energy Minerals Inc., ("Spark" or

the "Company" (CSE: SPRK) (OTC: SPARF) (Frankfurt: 8PC) is pleased to announce

that it has changed its trading symbol on the OTC Markets to “SPARF,” effective

immediately. Management believes this new trading symbol better reflects the Company

and will assist to improve its visibility on the OTC Markets.

The Company also announces that has it granted an aggregate of 1,246,000 stock

options (the “Options”) to certain officers, directors and consultants to the Company. Each

Option is exercisable to purchase one common share in the capital of the Company at a

price of $0.10 for a period of three years from the date of issue. The Options vest

immediately and are subject to a statutory hold period of four months plus one day.

In addition, the Company confirms that it has agreed to transfer its interest in the joint

venture (the “JV”) with Foxfire Metals LTDA (“Foxfire”) to Foxfire for nil consideration

pursuant to the terms of the binding deed minerals rights joint venture agreement (the “JV

Agreement”) between the Company and Foxfire dated September 19, 2023. The

Company no longer wishes to pursue the JV or the JV Agreement, and management has

determined it is in the Company’s best interest to allocate its resources towards its core

portfolio of properties.

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. The Company has acquired assets

in Brazil's growing lithium areas that are gaining recognition as a world hot spot for lithium

and rare earth mineral exploration. All of the prospects consist of mineral projects that

hold significant mineral assets that can be rapidly brought into a compliance resource

stage.

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.

Spark Energy Minerals

Announces OTC Markets Symbol Change

Spark Energy Minerals News – 8-26-2024 |

FOR ADDITIONAL INFORMATION, SEE THE COMPANY'S WEBSITE AT:

https://sparkenergyminerals.com

Email to [email protected]

Contact: Eugene Hodgson, Chair & CEO, Tel. +1-778-744-0742

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. The forward -looking information contained in

this release is made as of the date hereof, and the Company is n ot 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 per formance. 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 RN Property, the Acquirors 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 – 4-26-2024 |