Spark Energy Minerals Inc. announced a private placement of up to 13,333,333 units of the company at a price of CAD 0.075 per unit for the gross proceeds of CAD 1,000,000 on March 6, 2024. Each unit will consists of one common share in the capital of the company and one warrant to purchase an additional common share at a price of CAD 0.12 per warrant share for a period of two years from the date of issuance. The financing securities will be subject to a hold period of four months and one day from the date of closing of the financing.