Dr. Fernando Tallarico reports

SPARK ENERGY MINERALS APPOINTS MARINA FAGUNDES DE FREITAS TO ITS BOARD OF DIRECTORS

Spark Energy Minerals Inc. has appointed Marina Fagundes de Freitas to its board of directors as a non-executive director, effective Sept. 2, 2026.

Ms. Freitas is a finance executive with more than 20 years in the mining sector in Brazil. She spent 15 years at Jaguar Mining Inc., where she was latterly chief financial officer and previously vice-president of finance and projects, vice-president of project development, administrative vice-president, and governance, audit, risk and compliance manager. Most recently, she served as senior adviser to Magna Mining Inc.

Earlier in her career, Ms. Freitas was a senior internal auditor at Holcim (Brazil) SA and an external auditor at Deloitte Touche Tohmatsu in Brazil.

She holds a postgraduate degree in financial management from PUC-MG, a bachelor of accounting from Fumec and a bachelor of business administration from PUC-MG. She is a certified fraud examiner, holds the certification in risk management assurance and is a certified internal auditor with the Institute of Internal Auditors. She has completed executive programs at Harvard Business School and MIT Sloan. Ms. Freitas is based in Nova Lima, Minas Gerais.

The board has determined Ms. Freitas to be independent within the meaning of National Instrument 52-110 (Audit Committees). She has been appointed chair of the company's audit committee.

Comment from the chief executive officer

"Marina's appointment strengthens the board at an important stage in the company's development. She served as chief financial officer of a listed gold producer in Minas Gerais, established its internal audit, risk and compliance functions, and co-ordinated a share issuance on the Toronto Stock Exchange. Spark has advanced significantly over the past year, and the composition of its board should reflect that. I am delighted she has accepted our invitation, and I look forward to working alongside her," said Dr. Fernando Tallarico, chief executive officer and chairman of Spark Energy.

About Spark Energy Minerals Inc.

Spark Energy is a Canadian critical mineral exploration company listed on the Canadian Securities Exchange, the OTC market and the Frankfurt Stock Exchange. The company's principal asset is the Arapaima project, comprising approximately 91,900 hectares across several municipalities in the Lithium Valley region of Minas Gerais, Brazil.

The company has made gallium and rare earth element discoveries at Cruzeta and, more recently, at Boa Vista, where mineralization is hosted in ionic adsorption clays developed over the Caladao granite. Lithium-bearing pegmatites are a secondary target on the property. No mineral resource or mineral reserve has been estimated on the Arapaima project.

Qualified person

The technical information in this news release has been reviewed and approved by Dr. Tallarico, PhD, PGeo, FSEG, chief executive officer and chairman of the company, who is a qualified person as defined by National Instrument 43-101 (Standards of Disclosure for Mineral Projects).

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