Spark Energy Minerals Inc. announced a private placement of 266,800 units at a price of CAD 0.375 per unit for the gross proceeds of CAD 100,050 on December 29, 2023. Each unit consists of one common share and one common share purchase warrant, exercisable at CAD 0.75 until April 30, 2025. The transaction is expected to close on January 4, 2024.