Spark Energy Minerals lowered warrant prices to $0.05 for one month, offering bonus warrants to boost investor participation.

Spark Energy Minerals (CSE: SPRK) launched a warrant incentive program on January 22, 2026, reducing the exercise price of up to 63.65 million common share purchase warrants to $0.05 per warrant through February 22, 2026. Holders who exercise during this period receive one additional warrant for each exercised warrant, exercisable at $0.06 for one year. The program applies to specific warrant series issued in 2024 and re-priced in 2025, with participation requiring payment via wire, certified cheque, money order, or bank draft. Regulatory approval, including from the Canadian Securities Exchange, is required. Unexercised warrants retain original terms after the incentive period. The company, focused on lithium, gallium, and rare-earth exploration in Brazil, aims to boost investor engagement and strengthen its capital structure.