SPARK ENERGY MINERALS INC - MTEHF STOCK NEWS

Spark Energy Minerals Inc. (CSE:EMIN, Frankfurt:M1N, OTC PINK:MTEHF) has successfully completed a mineral claims purchase agreement with Talisman Venture Partners, acquiring a 100% ownership in 12 exploration permits covering approximately 22,000 hectares in Minas Gerais, Brazil. The total payment comprised $300,000 and 10 million common shares valued at $0.08 per share, with statutory trading restrictions until June 24, 2023. Talisman retains a 1% N.S.R, and Spark can purchase an additional 0.5% for $1 million. The acquisition enhances Spark's portfolio in Brazil, recognized for its lithium potential.

Spark Energy Minerals Inc. has successfully closed the second tranche of its non-brokered Unit Private Placement, raising $823,375 through the sale of 10,978,666 Units at $0.075 per unit. This follows a previous raise of $337,500 in the first tranche. Each Unit comprises one common share and a warrant exercisable at $0.15 for two years, subject to acceleration under specific conditions. The net proceeds will support working capital and the development of lithium properties in Brazil. A statutory hold period for the issued securities is in place until June 23, 2023.

Spark Energy Minerals Inc. has announced the acquisition of a 100% ownership interest in 12 exploration permits from Talisman Venture Partners, covering approximately 22,000 hectares in Minas Gerais, Brazil. This purchase positions Spark in the prominent Lithium Valley, adjacent to major lithium deposits. The total cost for this acquisition includes $150,000 CDN upon signing and another $150,000 CDN on closing, plus 10 million common shares issued to Talisman. The transaction is subject to customary closing conditions and due diligence. With this addition, Spark aims to enhance its portfolio in battery metals and mineral assets.

Spark Energy Minerals has announced the completion of a geochemical reconnaissance and mapping program by its joint venture partner, Foxfire Metals, on its lithium and rare earth exploration licenses in Minas Gerais, Brazil. The program, completed in December 2022, identified pegmatites and historical mining sites, with assay results expected in Q1 2023. The company holds a 75% interest in eight licenses, totaling 12,315 hectares, situated in a region recognized for high-grade lithium production. Recent developments in the same area have heightened interest in lithium mining prospects, enhancing Spark's positioning in the market.

Spark Energy Metals Inc. (CSE:EMIN)(Frankfurt:M1N)(OTC:MTEHF) announced the repricing of 3,050,000 Warrants issued on November 21, 2021, from $0.20 to $0.105. Holders can purchase one share at this new price. An acceleration clause will terminate the Warrants after 30 days notice if shares trade at $0.135 for 10 consecutive days. Additionally, 5 million stock options have been granted to directors and consultants at an exercise price of $0.10, with immediate vesting and a five-year term.

Spark Energy Minerals Inc. has appointed Dr. Paul Woolrich to lead the exploration and strategic management of its Brazilian Lithium and REEs Joint Venture assets. Dr. Woolrich brings over 45 years of international exploration and mining experience, having held senior roles in various organizations. His notable achievements include discovering a 4Moz gold deposit in Ghana. Spark Energy, focused on battery metals, has interests in Brazil's lithium provinces and Newfoundland, Canada, recognized as hot spots for mineral exploration.

Spark Energy Minerals Inc., formerly known as St. Anthony Gold Corp., has officially changed its name and trading symbol as of January 3, 2023. The new trading symbol will be CSE: EMIN while retaining OTC: MTEHF and Frankfurt: M1N. This change was approved by the board on September 29, 2022, to align with the company's new focus on energy and battery minerals. CEO Peter Wilson emphasized the importance of this rebranding in reflecting their strategic direction. A new website will provide further information about the company's initiatives.

St. Anthony Gold Corp. has finalized its acquisition of a 75% interest in eight Brazilian exploration licenses targeting lithium and rare earth elements. This Brazilian Portfolio spans 12,315 hectares in Minas Gerais and Bahia, areas recognized for high-grade lithium production. The initial exploration program has confirmed pegmatite outcropping, with samples being sent for testing. The acquisition includes a cash payment of $250,000 and 21,165,000 shares issued to Foxfire Metals. Further details on remaining licenses are expected in Q1 2023.

St. Anthony Gold Corp. (OTC PINK: MTEHF) announces its name change to Spark Energy Minerals Inc., aligning its focus with the burgeoning battery metals sector. The company successfully acquired a portfolio of battery metals assets in Canada and Brazil. In Brazil, it targets a 75% interest in eight licenses, focusing on lithium and rare earth elements. The Canadian assets include the Burgeo Lithium project. The company anticipates strong demand in the battery materials market, supported by a recent financing of $1,500,000.