Spark Energy Minerals Closes First Tranche of Financing
VANCOUVER, BC / April 22, 2024 / Spark Energy Minerals Inc., (“Spark” or the “Company” (CSE: EMIN) (OTC: MTEHF) (Frankfurt: 8PC) announces the closing on April 22, 2024, of the first tranche of CDN $311,875 (4,158,335 Units) of its non-brokered private placement (“Private Placement”) announced on March 6, 2024. Each unit consists of one common share and one common share warrant. Each warrant is exercisable at $0.12 and entitles the holder to subscribe for one additional common share for a period of 2 years from the date of closing. The Company has the option to accelerate the expiry date if the stock trades at $0.20 for a period of 10 trading days.