SPARK ENERGY MINERALS INC - MTEHF STOCK NEWS

St. Anthony Gold Corp. has completed a first closing of a non-brokered private placement, raising $771,004.57 by accepting subscriptions for 22,028,700 units at $0.035 per unit. Each unit consists of one common share and one warrant at $0.05 for two years. An insider subscribed to 1,172,000 common share units. The funds will be utilized for general working capital. The broker received $19,026 in fees and 543,600 broker warrants.

St. Anthony Gold Corp. (CSE:STAG, OTC PINK:MTEHF) has signed a non-binding Letter of Intent (LOI) to acquire a 75% interest in eight Brazilian exploration licenses from Foxfire Metals Pty Ltd. The portfolio, covering 12,315 hectares, includes six lithium and two rare earth element (REE) licenses located in the states of Minas Gerais, Bahia, and Goas. The transaction involves an immediate cash payment of CAD $150,000, followed by CAD $100,000 within six months or during the next capital raise, alongside an issuance of shares. Initial exploration activities are planned to start in November 2022.

St. Anthony Gold Corp. (CSE:STAG)(OTC PINK:MTEHF) announced plans to acquire the Burgeo Lithium asset in Newfoundland, aiming to enter the battery metals and materials sector. The project encompasses two mineral exploration licenses covering 5,200 hectares, with potential for lithium, molybdenum, and other rare metals. The company also reported promising assay results, with lithium grades reaching up to 2.37% Li2O. St. Anthony intends to pursue further acquisitions in prime global jurisdictions and continue investing in previous precious metal assets.

St. Anthony Gold Corp has successfully closed the sale of the Panama Lake Property to Trillium Gold Mines Inc. for $500,000 in cash and 1,000,000 common shares. Should Trillium obtain a 100% interest, St. Anthony holds a one-year option to repurchase a 1% net smelter royalty for $1,000,000. Additionally, the Company issued 3,000,000 bonus units to management and consultants, each comprising a common share and a warrant for another share at $0.05 for two years. The Trillium shares are subject to a four-month holding period.

St. Anthony Gold Corp. has signed a Purchase and Sale Agreement with Trillium Gold Mines Inc. to transfer all rights to its Panama Lake Property. Trillium will pay St. Anthony Cdn $500,000 in cash and issue 1,000,000 common shares. If Trillium acquires a 100% interest in the property, St. Anthony may repurchase half of a 2% Net Smelter Royalty for $1,000,000. The deal awaits TSXV and regulatory approvals. Additionally, Mario Drolet joins the board, replacing Santhokh Sahota, bringing extensive financial market experience.

St. Anthony Gold Corp. (CSE:STAG, OTC PINK:MTEHF) announced a notice of default from Magabra Resources Corp. regarding their option agreement dated March 15, 2022. Although the 30-day correction period is ongoing, the company will impair the property, leading to a write down of $2,725,119. St. Anthony disputes the default notice, claiming that Magabra has not provided necessary information for the earn-in process. Ongoing discussions may not prevent legal action, creating uncertainty for the company's future in the St. Anthony project.

St. Anthony Gold Corp. has successfully completed a first closing of a non-brokered private placement, raising $376,000 from the issuance of 4,700,000 units at $0.08 per unit. Each unit includes a common share and a warrant, allowing purchase of additional shares at $0.15 for two years. The funds will support working capital and expansion drilling at the St. Anthony Mine. A company insider subscribed for 625,000 units, using exemptions from certain regulatory requirements. Securities are subject to a hold period until June 18, 2022.

St. Anthony Gold Corp. provides a 2021 overview highlighting achievements in Ontario's mining sector. Despite Covid-19 challenges, the company completed 50% of its Phase 1 drilling at the St. Anthony Gold Property, revealing promising visible gold (VG) indications. The partnership with Magabra Resources aims to expand their gold claims interest from 30% to 65% in 2022. The company also secured a 50% interest in the Panama Lake property. Recent data suggests undiscovered ore potential at St. Anthony, presenting growth opportunities for shareholders as exploration intensifies in 2022.

St. Anthony Gold Corp has completed a non-brokered private placement for up to $1,000,000, raising $305,000 from the sale of 3,050,000 units at $0.10 each. Each unit includes one common share and a warrant allowing an additional share purchase at $0.20 for two years. Proceeds will support working capital, expansion drilling at St. Anthony Mine, and exploration at the Panama Lake property. The issued securities have a hold period until April 1, 2022.