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St. Anthony Gold Corp ( (TSE:SPRK) ) has provided an update.
Spark Energy Minerals Inc. has successfully closed the second and final tranche of its non-brokered private placement, raising a total of $361,350. This financing round was oversubscribed, indicating strong investor interest, and will support the company’s exploration efforts at its flagship Arapaima Lithium Project in Brazil. The proceeds will also be used for general corporate purposes, enhancing Spark Energy’s position in the competitive lithium exploration market.
More about St. Anthony Gold Corp
Spark Energy Minerals Inc. is a Canadian company focused on the exploration and acquisition of battery metals and mineral assets, with a particular interest in Brazil’s burgeoning lithium and rare earth mineral sectors. The company has positioned itself in some of the world’s most promising mining jurisdictions, particularly in Brazil’s Lithium Valley.
Average Trading Volume: 219,463
Technical Sentiment Signal: Sell
Current Market Cap: C$9.39M
For a thorough assessment of SPRK stock, go to TipRanks’ Stock Analysis page.