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6 days ago
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Spark Energy Minerals Files NI 43-101 Technical Report for Arapaima Lithium & REE Project, Brazil and Provides Overview
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company"), is pleased to announce the publication of its maiden NI 43-101 Technical Report for the Arapaima Lithium and Rare Earth Elements (REE) Project, located in the heart of Brazil's "Lithium Valley" in Minas Gerais, Brazil. Covering a vast contiguous land package of 919 km², the report confirms Arapaima as a highly prospective early-stage exploration project with compelling lithium and REE potential. Highlights Identification of 123 individual pegmatite occurrences across 13 trends with a combined strike length of 31 km. Discovery of anomalous lithium values in rock chip samples (up to 1,397 ppm Li) and stream sediments (up to 191 ppm Li), as well as evolved pegmatites with K/Rb ratios as low as 23.84, potentially indicative of spodumene-rich LCT pegmatites. Promising REE mineralization in the Caladão Granite, with soil samples returning >3,000 ppm TREO and stream sediments >6,000 ppm TREO, adjacent to high-grade drill results reported by neighbouring company Axel REE Limited. Excellent access via sealed roads and proximity to established infrastructure and the producing Sigma Lithium mine, located just 15 km away. "This technical report validates our exploration thesis and highlights Arapaima's position as one of the most exciting early-stage lithium and REE projects in the region," said Eugene Hodgson, CEO of Spark Energy Minerals. "We are committed to executing a systematic and focused exploration campaign to unlock its full potential." The full NI 43-101 Technical Report is available on SEDAR+ and the Company's website here. Arapaima Lithium and REE Project Overview Location The Arapaima project covers ~919 km² in northeastern Minas Gerais. It spans parts of the Araçuaí pegmatite belt, with nearby towns including Aracuaí, Teófilo Otoni, Itinga, Virgem da Lapa, Padre Paraiso and others. The project area is about 550 km (~8.5-hour drive) from Belo Horizonte via sealed highways BR-381 and BR-116. Air access is available to regional centers (an ~85 km drive to the project). The town of Padre Paraiso lies at the southern edge (the "gateway of the Lithium Valley") and serves as a field base. Padre Paraiso lies on a new high-voltage transmission line (Padre Paraiso-Governador Valadares 6) which will strengthen the regional grid. This will ensure reliable power for future operations. Figure 1: Arapaima Lithium and REE project - Access To view an enhanced version of this graphic, please visit: Project Ownership Spark owns 100% of the Arapaima package, comprising of 58 granted exploration licenses (ELs) plus 4 applications (total 62 licenses) covering roughly 919 km². Previously, the size of Arapaima had been report as 64,359-hectares however over the course of developing the technical report, the outlying tenements have been included as an all-encompassing project that stretches throughout the Lithium Valley and in close proximity to other notable projects, including Sigma Lithium, Lightning Minerals, Lithium Ionic, Axel REE, etc. Figure 2: Arapaima Lithium and REE project tenements relative to neighbouring projects To view an enhanced version of this graphic, please visit: Geology The project lies in the Eastern Brazilian Pegmatite Province (EBPP), a ~150,000 km² Paleoproterozoic-Neoproterozoic belt (mostly in eastern Minas Gerais) known for its lithium-cesium-tantalum (LCT) and gem pegmatites. Minas Gerais hosts ~90% of the EBPP; pegmatites here have been mined for gems and rare elements since colonial times. Arapaima falls within the Araçuaí pegmatite district ("Lithium Valley"), which includes major LCT-pegmatite fields at Itinga, Coronel Murta, Pedra Azul, Padre Paraiso, etc. Figure 3: Regional Geology (Source: Modified from Pedrosa-Soares et al. 2011) To view an enhanced version of this graphic, please visit: Mineralization Target mineralization is predominantly LCT-type granitic pegmatites (hosting lithium, cesium, tantalum, niobium, etc.) and rare-earth-oxide (REO) clay deposits developed by weathering of REE minerals. The field observations report pegmatites ranging from centimetres to ~200 m thick, often in swarms along 13 mapped trends (total ~31 km of strike). All exposed pegmatites are heavily weathered in the tropical climate; outcrops are quartz-tourmaline-feldspar-mica lodes with no intact spodumene visible at surface. As a result, surface samples typically return low Li (due to leaching of spodumene and lepidolite), even when the underlying rock may host economic lithium levels. Sahara notes that deeply weathered profiles can hide higher-grade spodumene zones at depth. Pathfinder geochemistry (stream sediments, soils, rock chips) shows characteristic ratios of fertile LCT-pegmatites: high K/Rb, strong Li-Nb correlation, and anomalous tin, tantalum, gallium, etc., with low Ta/Nb ratios (typical of spodumene-bearing pegmatites). These element associations will guide target selection. Spark's Exploration History Beginning November 2024, Spark engaged Avant Geofísica to reprocess regional magnetics/radiometrics and conduct satellite multispectral targeting. Concurrently, Spark conducted ground mapping and sampling. By early 2025, the field program had completed ~397 geochemical samples (stream sediment, soil, rock-chip). SEM geologists logged 401 outcrop observations and identified 123 pegmatite occurrences (13 trends) on the tenure. Four high-priority exploration targets (e.g. Grota do Maquém, Agua Branca, Cruzeta and Caladão) were defined for immediate follow-up. Figure 4: Arapaima Lithium and REE project advanced targets To view an enhanced version of this graphic, please visit: Lithium Targets The Cruzeta Target has produced the highest assays to date with 739ppm, 1,217ppm and 1,397ppm Li respectively. The K/Rb ratios for these three samples report as low as 23.84 to 36.42 pointing to the potential proximity of highly evolved Lithium, Cesium, Tantalum (LCT) pegmatites which are characterized by this ratio and the corresponding pathfinder elemental association. The Cruzeta Target along with Grota do Maquem and Agua Branca account for the identification of 123 individual pegmatite occurrences across 13 trends with a combined strike length of 31 km. Figure 5: Cruzeta Lithium Target and corresponding rock chip and stream sediment results (Source: Spark 43-101, March 2025) To view an enhanced version of this graphic, please visit: Rare Earth Element (REE) Potential Spark completed reconnaissance geological mapping over the Caladão Granite. Australian junior explorer Axel REE Limited (Axel) has reported significant Gallium and REE results within the Caladão Granite. Spark's tenements are contiguous with Axel's Caladão Project and has returned high-grade REE and gallium mineralization after completing a first phase drill program. Results include 49.92m @ 5,909ppm TREO with 1m @ 22,115ppm TREO. Initial soil and stream sediment samples collected by Sprak within their contiguous tenements have returned anomalous TREO results > 3000ppm in soils and > 6000ppm TREO in stream sediment samples. The figure below highlights Sparks results along with Axel's drilling results all hosted within the Caladão Granite. Figure 6: Caladão Target - REE Results from Axel drilling and Spark stream sediment and soil sampling (Source: Spark 43-101, March 2025) To view an enhanced version of this graphic, please visit: Qualified Person: The scientific and technical information disclosed in this document has been reviewed and approved by Beau Nicholls, BSc (Geo) FAIG, a Qualified Person consistent with NI 43-101 and the QP of Spark Energy's 43-101. About Spark Energy Minerals Inc. Spark Energy Minerals, Inc. is a Canadian company focused on acquiring, exploring, and developing battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company's flagship project is the Arapaima Lithium project spanning 64,359 hectares in Brazil's renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition. 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. FOR ADDITIONAL INFORMATION, SEE THE COMPANY'S WEBSITE AT to info@ Eugene Hodgson, 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. In addition, it should be noted that rock, soil and stream sediment samples are inherently selective samples and may not represent the true underlying mineralization. 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. To view the source version of this press release, please visit
Yahoo
30-05-2025
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Spark Energy Announces Revised Warrant Repricing and CSE Approval
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark Energy" or the "Company") is pleased to announce that it intends to amend the exercise price of 15,000,0000 unlisted common share purchase warrants of the Company (the "Eligible Warrants") which were issued as part of the Company's acquisition of Tristar Energy Corp which closed on March 15, 2024. The Eligible Warrants are currently exercisable for one common share of the Company (each a "Common Share") at a price of $0.15 per Common Share, and expire on March 15, 2026, at 4:30 p.m. (Vancouver time). Further to the Company's press release dated May 7, 2025, the Company now intends to amend the exercise price to $0.075 (the "Warrant Repricing") and has received Canadian Securities Exchange (the "Exchange") acceptance. All other terms of the Eligible Warrants will remain the same, including the expiry date of March 15, 2026. The Warrant Repricing will be effective as of June 2, 2025. About Spark Energy Minerals Inc. Spark Energy Minerals, Inc. is a Canadian company focused on the acquisition, exploration, and development of battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company's flagship project is the Arapaima Lithium project spanning 64,359 hectares in Brazil's renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition. FOR ADDITIONAL INFORMATION SEE THE COMPANY'S WEBSITE AT: Email to info@ Eugene Hodgson, CEO, Tel. +1-778-744-0742 Forward-Looking Statement Disclaimer Certain statements included in this press release constitute forward-looking statements or forward-looking information. Forward-looking statements or information can be identified by terminology such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "budget", "should", "project", "may be", or similar words (including negative or grammatical variations) suggesting future outcomes or expectations. In particular, forward-looking statements and information contained in this press release, include, but are not limited to: the potential exercise of any Eligible Warrants and the success of the Warrant Repricing. Although the Company believes that the expectations implied in such forward-looking statements or information are reasonable, undue reliance should not be placed on these forward-looking statements or information because the Company can give no assurance that such statements or information will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of assumptions about the future and uncertainties, including the receipt of required regulatory approvals; current forecasts and anticipated utilization rates; the availability of debt and equity financing; and the level of competition in the marketplaces and industries in which the Company operates. Although management of the Company believes these expectations and assumptions reflected in these forward-looking statements or information to be reasonable, there can be no assurance that any forward-looking statements or information will be proved to be correct, and actual results may differ materially from those anticipated in such statements or information. For this purpose, any statements or information contained herein that are not statements or information of historical fact may be deemed to be forward-looking statements or information and readers should not place undue reliance on such forward-looking statements or information. The forward-looking statements or information contained in this press release are made as of the date hereof and the Company assumes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new contrary information, future events or any other reason, unless the Company is required by any applicable securities laws. The forward-looking statements or information contained in this press release are expressly qualified by this cautionary statement. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Spark Energy with the securities regulatory authorities, available at 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. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
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Spark Energy Announces Revised Warrant Repricing and CSE Approval
Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark Energy" or the "Company") is pleased to announce that it intends to amend the exercise price of 15,000,0000 unlisted common share purchase warrants of the Company (the "Eligible Warrants") which were issued as part of the Company's acquisition of Tristar Energy Corp which closed on March 15, 2024. The Eligible Warrants are currently exercisable for one common share of the Company (each a "Common Share") at a price of $0.15 per Common Share, and expire on March 15, 2026, at 4:30 p.m. (Vancouver time). Further to the Company's press release dated May 7, 2025, the Company now intends to amend the exercise price to $0.075 (the "Warrant Repricing") and has received Canadian Securities Exchange (the "Exchange") acceptance. All other terms of the Eligible Warrants will remain the same, including the expiry date of March 15, 2026. The Warrant Repricing will be effective as of June 2, 2025. About Spark Energy Minerals Inc. Spark Energy Minerals, Inc. is a Canadian company focused on the acquisition, exploration, and development of battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company's flagship project is the Arapaima Lithium project spanning 64,359 hectares in Brazil's renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition. FOR ADDITIONAL INFORMATION SEE THE COMPANY'S WEBSITE AT: Email to info@ Eugene Hodgson, CEO, Tel. +1-778-744-0742 Forward-Looking Statement Disclaimer Certain statements included in this press release constitute forward-looking statements or forward-looking information. Forward-looking statements or information can be identified by terminology such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "budget", "should", "project", "may be", or similar words (including negative or grammatical variations) suggesting future outcomes or expectations. In particular, forward-looking statements and information contained in this press release, include, but are not limited to: the potential exercise of any Eligible Warrants and the success of the Warrant Repricing. Although the Company believes that the expectations implied in such forward-looking statements or information are reasonable, undue reliance should not be placed on these forward-looking statements or information because the Company can give no assurance that such statements or information will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of assumptions about the future and uncertainties, including the receipt of required regulatory approvals; current forecasts and anticipated utilization rates; the availability of debt and equity financing; and the level of competition in the marketplaces and industries in which the Company operates. Although management of the Company believes these expectations and assumptions reflected in these forward-looking statements or information to be reasonable, there can be no assurance that any forward-looking statements or information will be proved to be correct, and actual results may differ materially from those anticipated in such statements or information. For this purpose, any statements or information contained herein that are not statements or information of historical fact may be deemed to be forward-looking statements or information and readers should not place undue reliance on such forward-looking statements or information. The forward-looking statements or information contained in this press release are made as of the date hereof and the Company assumes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new contrary information, future events or any other reason, unless the Company is required by any applicable securities laws. The forward-looking statements or information contained in this press release are expressly qualified by this cautionary statement. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Spark Energy with the securities regulatory authorities, available at 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. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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21-05-2025
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Spark Energy Announces Closing of Second and Final Tranche of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - May 20, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark Energy" or the "Company") is pleased to announced it has closed the final tranche of the non-brokered private placement financing of up to 32,654,863 units of the Company (the "Private Placement") as previously announced in its press release dated April 14, 2025 (the "Initial Press Release") and upsized on May 16, 2025 as announced by the Company. Any words capitalized but undefined herein shall have the meaning ascribed to such capitalized term in the Initial Press Release. The second and final tranche closing of the Private Placement consisted of the issuance of an aggregate of 5,018,751 Units at a price of $0.072 per Unit. Each Unit consists of one common share ("Common Share") in the capital of the Company and one half of one common share purchase warrant ("Warrant"). Each whole Warrant will entitle the holder thereof to acquire one additional Common Share in the capital of the Company at a price of $0.14 for a period of 36 months from the closing of the second tranche of the Private Placement. 4,139,584 Units or $298,050 of the total Units issued under the second and final tranche of the Private Placement represented debt settlements by the Company of bona fide debt incurred under consulting and services agreements. The Private Placement was subscribed at a rate of 100% of the maximum amount allowed per the Offering Document and oversubscribed from the originally announced maximum of 31,250,000 Units at a rate of 104.5%. 2,056,250 Units were subscribed for by insiders of the Company, representing 40.97% of the Units issued on this tranche's closing and 6.29% of the total 32,654,863 Units issued pursuant to the Private Placement. The Company has relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(a) of MI 61-101 in respect of such insider participation. The Company relied on the listed issuer financing exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions in connection with the distribution of all 5,018,751 free trading Common Shares under tranche two of the Private Placement for proceeds of $361,350. The Company did not pay any finder's fees in connection with the Private Placement. There is an offering document related to the Private Placement that can be accessed under the Company's profile at and on the Company's website at Prospective investors should read this offering document before making an investment decision. The Company intends to use the net proceeds of the offering to continue to maximize its exploration program throughout its extensive flagship Arapaima Lithium Project in Minas Gerais, Brazil's Lithium Valley, and for general working capital requirements and other corporate purposes. The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referenced in this press release, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Spark Energy Minerals Inc. Spark Energy Minerals, Inc. is a Canadian company focused on the acquisition, exploration, and development of battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company's flagship project is the Arapaima Lithium project spanning 64,359 hectares in Brazil's renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition. FOR ADDITIONAL INFORMATION SEE THE COMPANY'S WEBSITE AT: Email to info@ Contact: Eugene Hodgson, CEO, Tel. +1-778-744-0742 Forward-Looking Statement Disclaimer Certain statements included in this press release constitute forward-looking statements or forward-looking information. Forward-looking statements or information can be identified by terminology such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "budget", "should", "project", "may be", or similar words (including negative or grammatical variations) suggesting future outcomes or expectations. In particular, forward-looking statements and information contained in this press release, include, but are not limited to: the use of the net proceeds of the Private Placement; the terms of the Private Placement; and the receipt of regulatory, stock exchange and other required approvals in connection with the Private Placement. Although the Company believes that the expectations implied in such forward-looking statements or information are reasonable, undue reliance should not be placed on these forward-looking statements or information because the Company can give no assurance that such statements or information will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of assumptions about the future and uncertainties, including the receipt of required regulatory approvals; current forecasts and anticipated utilization rates; the availability of debt and equity financing; and the level of competition in the marketplaces and industries in which the Company operates. Although management of the Company believes these expectations and assumptions reflected in these forward-looking statements or information to be reasonable, there can be no assurance that any forward-looking statements or information will be proved to be correct, and actual results may differ materially from those anticipated in such statements or information. For this purpose, any statements or information contained herein that are not statements or information of historical fact may be deemed to be forward-looking statements or information and readers should not place undue reliance on such forward-looking statements or information. The forward-looking statements or information contained in this press release are made as of the date hereof and the Company assumes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new contrary information, future events or any other reason, unless the Company is required by any applicable securities laws. The forward-looking statements or information contained in this press release are expressly qualified by this cautionary statement. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Spark Energy with the securities regulatory authorities, available at 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. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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16-05-2025
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Spark Energy Announces Upsize of Previously Announced Private Placement and Amended and Restated Offering Document
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark Energy" or the "Company") is pleased to announced that in connection with its non-brokered private placement financing of up to 31,250,000 units of the Company (the "Private Placement") as previously announced in its press release dated April 14, 2025 (the "Initial Press Release") management has approved an upsizing of the Private Placement from 31,250,000 Units to 32,654,863 Units. Any words capitalized but undefined herein shall have the meaning ascribed to such capitalized term in the Initial Press Release. The Company anticipates closing a second and final tranche of the Private Placement in the amount of 5,018,751 Units on or about May 20, 2025. The issuance of 5,018,751 Units pursuant to the Private Placement would result in total subscription for Units of 100% of the amount offered and 104.5% of the originally allotted 31,250,000 Units. In connection with the closing of the final tranche of Units pursuant to the Private Placement, the Company has filed an amended offering document dated May 16, 2025 related to the Private Placement in accordance with the Listed Issuer Financing Exemption that can be accessed under the Company's profile on SEDAR+ at and on the Company's website at Prospective investors should read this amended offering document before making an investment decision. The Company intends to use the net proceeds of the Private Placement to continue to maximize its exploration program throughout its extensive flagship Arapaima Lithium Project in Minas Gerais, Brazil's Lithium Valley, and for general working capital requirements and other corporate purposes. The securities of the Company have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws and may not be offered or sold in the United States absent registration or an available exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of the securities referenced in this press release, in any jurisdiction in which such offer, solicitation or sale would be unlawful. About Spark Energy Minerals Energy Minerals, Inc. is a Canadian company focused on the acquisition, exploration, and development of battery metals and mineral assets, with a particular emphasis on its substantial interests in Brazil. The Company's flagship project is the Arapaima Lithium project spanning 64,359 hectares in Brazil's renowned Lithium Valley, one of the most prolific mining regions in the world. This region is rapidly gaining global recognition for its vast deposits of lithium and rare earth minerals, positioning Brazil as a critical player in the global energy transition. FOR ADDITIONAL INFORMATION SEE THE COMPANY'S WEBSITE AT: Email to info@ Contact: Eugene Hodgson, CEO, Tel. +1-778-744-0742 Forward-Looking Statement Disclaimer Certain statements included in this press release constitute forward-looking statements or forward-looking information. Forward-looking statements or information can be identified by terminology such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "budget", "should", "project", "may be", or similar words (including negative or grammatical variations) suggesting future outcomes or expectations. In particular, forward-looking statements and information contained in this press release, include, but are not limited to: the use of the net proceeds of the Private Placement; the terms of the Private Placement; and the receipt of regulatory, stock exchange and other required approvals in connection with the Private Placement. Although the Company believes that the expectations implied in such forward-looking statements or information are reasonable, undue reliance should not be placed on these forward-looking statements or information because the Company can give no assurance that such statements or information will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of assumptions about the future and uncertainties, including the receipt of required regulatory approvals; current forecasts and anticipated utilization rates; the availability of debt and equity financing; and the level of competition in the marketplaces and industries in which the Company operates. Although management of the Company believes these expectations and assumptions reflected in these forward-looking statements or information to be reasonable, there can be no assurance that any forward-looking statements or information will be proved to be correct, and actual results may differ materially from those anticipated in such statements or information. For this purpose, any statements or information contained herein that are not statements or information of historical fact may be deemed to be forward-looking statements or information and readers should not place undue reliance on such forward-looking statements or information. The forward-looking statements or information contained in this press release are made as of the date hereof and the Company assumes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new contrary information, future events or any other reason, unless the Company is required by any applicable securities laws. The forward-looking statements or information contained in this press release are expressly qualified by this cautionary statement. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Spark Energy with the securities regulatory authorities, available at 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. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
