On May 15, 2024, Spark Energy Minerals Inc. closed the transaction. The company has now issued 2,008,334 units at a price of CAD 0.075 per unit for the gross proceeds of CAD 150,625.05. Securities issued on this closing are subject to a statutory hold period.

Insiders of the company subscribed for an aggregate of 1,333,334 common shares of the company.