Spark Energy Minerals Announces Closing Of Private Placement

(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - December 12, 2025) - Spark Energy Minerals Inc. (CSE: SPRK) (OTCID: SPARF) (FSE: 8PC) (" Spark " or the " Company "), is pleased to announce that further to its news release dated November 21, 2025, the Company has closed its previously announced non-brokered private placement (the " Private Placement ") for gross proceeds of $500,000 through the issuance of 10,000,000 units of the Company (" Units ").

The Company further reports that the full amount of the Private Placement was taken up by a strategic investor. This participation strengthens Spark's shareholder base and reflects aligned interest in the advancement of the Company's exploration initiatives in Brazil.

Each Unit consists of one common share in the capital of the Company (a " Share ") and one common share purchase warrant of the Company (each, a " Warrant "). Each Warrant entitles the holder to purchase one common share in the capital of the Company for a period of three years from the date of issue at an exercise price of $0.06.

The net proceeds of the Private Placement will be used to fund Spark's near-term drill program at the Arapaima Project in Brazil, including mobilization and initial drilling costs, with the balance allocated to general working capital. No finder's fees were payable in connection with the Private Placement.

All securities issued in connection with the Private Placement are subject to a four-month hold period from the closing date under applicable Canadian securities laws, in addition to such other restrictions as may apply under applicable securities laws of jurisdictions outside Canada.

The foregoing securities being offered have not been and will not be registered under the U.S. Securities Act and may not be offered or sold in the United States, or to, or for the account or benefit of, U.S. persons or persons in the United States, absent registration or an applicable exemption from the registration requirements. 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 in any State in which such offer, solicitation or sale would be unlawful.

About Spark Energy Minerals Inc.

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 position within the country's emerging Lithium Valley - a region recognized for its lithium, gallium, and rare-earth potential. Spark's flagship Arapaima Project spans approximately 91,900 hectares and hosts multiple targets for lithium and gallium-REE mineralization. Through systematic exploration, Spark aims to help strengthen the secure and sustainable supply of minerals that power electrification, renewable energy, and modern technologies. The Company is committed to responsible exploration practices and supporting Brazil's development of a transparent, sustainable critical-minerals supply chain.

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.

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