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Spark Energy Minerals Engages Brazilian Advisory Firm Exploration Outcomes Ltd. to Speed the Exploration of Brazilian Targets

Corporate Updates

VANCOUVER, BC / ACCESSWIRE / February 12, 2024 / Spark Energy Minerals Inc.,

(“Spark” or the “Company” (CSE: EMIN) (Frankfurt: J8V) (OTC: MTEHF), has engaged

Exploration Outcomes Ltd, a Brazilian domiciled Exploration Advisory firm to, design,

coordinate and support its generative exploration activities over the Company’s recently

acquired, extensive and prospective tenements package in Brazil. Formed in 2017,

Exploration Outcomes has successfully implemented practical and achievable exploration

strategies for companies investing in the re-emerging Brazilian mineral sector with a focus on

positioning early stage greenfields projects for rapid and cost-effective progression up the

value curve.

Exploration Outcomes Ltd (EOL) is headed by Jon Hill who founded the company in

2017. Jon’s career as an economic geologist includes a wide range of global experience over

35 years across exploration, project development and mining operations including senior

roles with Anglo American and AngloGold Ashanti.

In Brazil, EOL brings together an extensive network of associate high caliber

professionals to provide specialist technical support to a number of listed and private

companies. Jon Hill is non-executive Chairman of Royal Road Minerals (TSX-V:RYR) and a non-

executive director of Avanti Gold Corp ("Avanti", CSE:AGC, Frankfurt: X37 ), Stratabound

Minerals (TSX-V:SB) and Lavras Gold (TSX-V:LGC) . He holds a BSc (Hons) Economic Geology

from University of Cape Town, South Africa and a BAppSc. Applied Geology from the

Queensland University of Technology, Australia, and is a Fellow of the Australian Institute of

Mining and Metallurgy.

Spark Energy Minerals, with EOL, is rolling out a generative exploration project aimed

at rapidly evaluating the potential of the search space across its tenement portfolio. The

program will utilize concomitant remote sensing and phase 1 ground reconnaissance and

validation mapping, and geochemical sampling. Priority targets identified through these

activities will be further defined via more detailed surface exploration utilizing more acute

exploration techniques and technologies.

Spark Energy Minerals Engages Brazilian Advisory Firm

Exploration Outcomes Ltd. to Speed the Exploration of

Brazilian Targets

Page 2

Peter Wilson, Chief Executive Officer of Spark stated, "Our engagement of EOL in Brazil

is the important next step for Spark Energy to set our exploration course on the ground. As

one of the largest land holders in the “Lithium Valley” holding approximately 72,000 hectares,

it’s vital that we carefully evaluate our land position and set immediate exploration goals that

will validate our model.”

Additionally, Robert Birmingham has tendered his resignation as President and

Director of the Company. Spark wishes to thank Mr. Birmingham for his assistance in the

Company’s transition and wishes him success in his future endeavors.

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 areas and in the Newfoundland, Canada region, which is also 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

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.

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

Spark Energy Minerals News – 2-12-2024

Page 3

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 –2-12-2024