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Spark Energy Minerals Completes Acquisition in Brazil’s Lithium Valley

Spark Energy Minerals Inc. (CSE: EMIN) (OTC Pink: MTEHF) (FSE: J8V) has finalized its acquisition of Tristar Energy Corp.’s option to purchase mining permits in Brazil’s Lithium Valley, an area known for rich lithium deposits.

Expanded Exploration in Lithium Valley

Spark Energy Minerals Inc., a leader in the battery minerals sector, has successfully expanded its exploration territory in Minas Gerais, Brazil. The acquisition includes an option for 100% control of the Property, enriching the company’s asset portfolio in a vital lithium extraction region.

Details of the Acquisition

Tristar Energy shareholders received 15 million common share units from Spark, signaling confidence in the property’s potential. Additionally, Spark is committed to a $400,000 acquisition payment, underscoring the strategic value of this expansion.

Significance of the Property

The Property boasts 23 mineral claims covering over 39,000 hectares. Its strategic location enhances Spark’s position in the competitive lithium market, being proximate to significant projects like Sigma Lithium’s Groto do Cirilo and Atlas Lithium’s Neves Project.

Strategic Importance

This acquisition strategically positions Spark Energy Minerals in Brazil’s growing lithium sector, recognized for its world-class lithium and rare earth mineral deposits. The company’s pursuit of battery metals in Brazil marks a significant step towards bolstering its mining jurisdiction footprint.

Contact: CEO Peter Wilson, Tel. +1-778-744-0742

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