Welcome to our dedicated page for SPARK ENERGY MINERALS news (Ticker: MTEHF), a resource for investors and traders seeking the latest updates and insights on SPARK ENERGY MINERALS stock.
Spark Energy Minerals Inc. (MTEHF) is a Canadian mineral exploration company focused on acquiring strategic battery metal assets, particularly lithium and rare earth projects in Brazil's Lithium Valley. This page provides official updates and analysis on corporate developments, exploration milestones, and financial strategies.
Investors and industry observers will find a curated collection of press releases detailing permit acquisitions, partnership announcements, and exploration progress reports. Our coverage emphasizes operational transparency, including updates on non-brokered private placements and mineral claim expansions.
The news archive features verified information about:
- Lithium exploration initiatives in Minas Gerais
- Strategic mineral permit acquisitions
- Exploration financing through share issuances
- Regulatory compliance updates
- Regional partnership developments
Bookmark this page for direct access to Spark Energy Minerals' latest corporate communications, providing essential insights into their position within the global battery metals supply chain.
Spark Energy Minerals Inc. (CSE:EMIN)(OTC:MTEHF) has successfully completed a mineral claims purchase from Talisman Venture Partners Ltd., acquiring a 100% interest in six exploration permits spanning approximately 8,600 hectares in Minas Gerais, Brazil. The total cost of the transaction was $100,000 plus 10 million units at a deemed price of $0.07 per share. Notably, Talisman retained a 1% net smelter return, and Spark can acquire an additional 0.5% at a cost of $1 million. This acquisition follows recent favorable exploration results, suggesting significant potential for lithium discovery in the area.
Spark Energy Minerals Inc. has announced a purchase agreement to acquire a 100% ownership interest in the Nova Energia Property from Talisman Venture Partners. This acquisition covers approximately 8,631 hectares in Minas Gerais, Brazil, significantly expanding Spark's land holdings to nearly 34,000 hectares in the Lithium Valley. The agreement involves a payment of $100,000 CDN and the issuance of 10 million units, each consisting of one common share and a warrant to purchase an additional share at $0.15. The transaction is set to be completed within 90 days, subject to due diligence.