Spark Energy Minerals Inc. (CNSX:EMIN) entered into an agreed to acquire CE Property from Talisman Venture Partners, Ltd. for CAD 1.1 million on August 10, 2023. Based on the terms of the agreement Spark shall pay CAD 0.15 million cash on the closing of the agreement and Spark will issue 4.5 million shares to Talisman. Talisman shall retain a 1% N.S.R. Spark Energy Minerals can purchase 0.5% from Talisman at any time for CAD 1 million.

The completion of transaction is subject to customary closing conditions including, among others, Spark Energy Minerals being satisfied with the results of its due diligence review. Spark Energy Minerals Inc has 30 calendar days from the date of execution of the agreement to complete.