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Spark Energy Minerals Announces Upsizing of Private Placement to $550,000
Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company"), is pleased to announce that due to strong investor demand, it intends to increase the size of its previously announced non-brokered private placement to up to $550,000 (the "Offering"). The Offering will consist of up to 9,166,667 units of the Company (each, a "Unit") sold at a price of $0.06 per Unit.Each Unit will consist of one...
About this update from Spark Energy Minerals Inc
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - February 27, 2026) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company"), is pleased to announce that due to strong investor demand, it intends to increase the size of its previously announced non-brokered private placement to up to $550,000 (the "Offering"). The Offering will consist of up to 9,166,667 units of the Company (each, a "Unit") sold at a price of $0.06 per Unit.","length":507,"tagName":"p"},{"type":"text","content":"Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder to purchase one Share at a price of $0.07 for a period of three years from the closing date of the Offering.","length":315,"tagName":"p"},{"type":"text","content":"The proceeds of the Offering will be used to advance exploration work at the Arapaima Project in Brazil's Lithium Valley and general working capital.","length":153,"tagName":"p"},{"type":"text","content":"All securities to be issued pursuant to the Offering will be subject to a statutory four-month and one day hold period. Finder's fees may be payable in connection with the Offering, all in accordance with the policies of the Canadian Securities Exchange.","length":258,"tagName":"p"},{"type":"text","content":"None of the securities sold under the Offering have been or will be registered under the United States Securities Act of 1933, as amended, and no such securities may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news 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 in the United States or any jurisdiction in which such offer, solicitation or sale would be unlawful.","length":531,"tagName":"p"},{"type":"text","content":"About Spark Energy Minerals Inc.","length":32,"tagName":"p"},{"type":"text","content":"Spark Energy Minerals Inc. is a Canadian company advancing the exploration and development of critical minerals essential to the clean-energy transition. The Company's primary focus is Brazil, where it controls a significant land posit...