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Spark Energy Minerals Launches Warrant Incentive Program to Boost Exploration Funding

Story Highlights
  • Spark Energy Minerals is temporarily repricing about 63.7 million warrants to $0.05 and offering bonus incentive warrants to encourage early exercise.
  • The company aims to use proceeds from exercised warrants to strengthen working capital and advance Brazilian critical-minerals exploration, pending regulatory approval.
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Spark Energy Minerals Launches Warrant Incentive Program to Boost Exploration Funding

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St. Anthony Gold Corp ( (TSE:SPRK) ) just unveiled an update.

Spark Energy Minerals has launched a warrant repricing and exercise incentive program covering up to 63.7 million common share purchase warrants, temporarily cutting the exercise price to $0.05 between January 22 and February 22, 2026 and offering one new one-year incentive warrant priced at $0.06 for each existing warrant exercised. The initiative is designed to accelerate the conversion of outstanding warrants to equity, bolstering working capital and funding exploration activities in Brazil, while unexercised warrants will revert to their prior terms after the incentive window and the program remains subject to regulatory approval, making the outcome important for the company’s near-term financing flexibility and project advancement plans.

More about St. Anthony Gold Corp

Spark Energy Minerals Inc. is a Canadian critical-minerals explorer focused on advancing lithium, gallium and rare earth elements projects in Brazil. The company controls a large land position in the country’s emerging “Lithium Valley,” with its flagship Arapaima Project covering roughly 91,900 hectares and targeting mineralization that supports the clean-energy transition, electrification and modern technologies, under a stated commitment to responsible and sustainable exploration practices.

Average Trading Volume: 286,796

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$6.12M

See more data about SPRK stock on TipRanks’ Stock Analysis page.

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