Spark Energy Minerals Inc. (CNSX:EMIN) has entered into a share exchange agreement to acquire Bulletproof Resources Corp. for CAD 0.66 million on October 10, 2023. BP Shareholders in exchange for 5,500,100 units of Spark at a deemed price of CAD 0.12 per Unit for deemed consideration of approximately CAD 0.66 million to be issued to the BP shareholders on a pro rata basis.

Closing of the transaction is subject to certain customary conditions, including the satisfactory completion of due diligence by the Company, the Canadian Securities Exchange shall not have objected to the completion of the Transaction, no material adverse change shall have occurred with respect to the Company or Bulletproof, and the receipt of all necessary corporate and regulatory approvals. Closing of the Transaction is expected to occur on or about October 18, 2023 or such later date as may be agreed to by the parties.