Spark Energy Minerals Inc. has entered into a mineral claims purchase agreement dated May 1, 2023, with Lithium Plus Mining Corp., pursuant to which the Company will option up to a 65% ownership interest in 12 exploration permits comprising approximately 22 thousand hectares of surface area in Minas Gerais, Brazil. This property location is strategically placed approximately 15km east of Sigma Lithium Corporation's producing Grota Cirilo property and within proximity to operations by Lithium Ionic Corp. and Atlas Lithium Corp.

Pursuant to the terms of the agreement and in order to complete the transaction, Lithium Plus shall pay to Spark: $100,000 on signing of the agreement, An additional $500,000 in 12 months from the execution date of the agreement; Commit to and conduct and exploration work program incurring at least $500,000 in eligible expenditures during the first year of the Agreement; Commit to and conduct & exploration work program incurring at least $1,000,000 in eligible expenditures during The second year of the Agreement.