Spark Energy Minerals Signs Protocol of Intentions With the Government of Minas Gerais in Support of its Critical Minerals Project

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State Government and Invest Minas formalize institutional support for Spark's rare earth, gallium and lithium project in Brazil's Lithium Valley Vancouver, British Columbia--(Newsfile Corp. - June 18, 2026) - Spark Energy Minerals Inc. (CSE: SPRK) (OTC Pink: SPARF) (FSE: 8PC) ("Spark" or the "Company") is pleased to announce that it has entered into a Protocol of Intentions (a memorandum of understanding) with the Government of the State of Minas Gerais, Brazil, through the State Secretariat for Economic Development ("SEDE") and Invest Minas (Instituto de Desenvolvimento Integrado de Minas Gerais – "INDI"), formalizing the State's intention to support the advancement of the Company's rare earth element, gallium and lithium ("REE-Ga-Li") critical minerals project in Brazil's emerging Lithium Valley. Under the Protocol of Intentions, Invest Minas — the State's official investment promotion agency — has expressed its commitment to support Spark across the development and operational phases of the project, including by facilitating engagement with State and municipal government bodies, assisting with the approvals and licensing required for the project, supporting the Company in its interactions with public, private and mixed-economy entities on infrastructure matters, and introducing and promoting engagement with potential suppliers. The signing ceremony took place at the 3rd Brazil Lithium & Critical Minerals Summit 2026 in Belo Horizonte, Minas Gerais. On behalf of the State, the Protocol of Intentions was signed by Ms. Mila Batista Leite Corrêa da Costa, State Secretary for Economic Development, and Ms. Milena Pedrosa, Chief Executive Officer of Invest Minas; and, on behalf of the Company, by Dr. Fernando Tallarico, CEO & Chairman, and Jonathan Hill, VP Exploration, Country Manager & Director. As a protocol of intentions, the agreement is non-binding and reflects the parties' shared intention to work together as the project advances. The Summit is among the principal international gatherings dedicated to Brazil's lithium and critical minerals sector. Its 2026 edition convened mining and exploration companies, government authorities, investors and international delegations from across the Americas, Europe, the Middle East, Africa and Asia-Pacific, a...

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