Sparton Update on Activities

  
   
Update on VRB Energy (formerly Pu Neng) storage solutions latest Vanadium Redox Battery projects around the world plus Sparton's other Vanadium/Val d'Or New Gold Zone opportunities.
 
VRB Energy Press Release

The following information regarding the Company’s minority interest held in VRB is as follows:Sparton’s 89.8% owned subsidiary, VanSpar Mining Inc., registered in the British Virgin Islands, owns 18% of VRB Energy Inc. (“VRB”) registered in the Cayman Islands, (formerly JD Holding Inc.) which in turn owns 100% of VRB Energy System, registered in China, which is the vanadium flow battery manufacturer. Full information regarding the history of the VRB investment interest held by Sparton is in its various news releases and available at www.sedar.com.
 
 
For more information contact:                
A. Lee Barker, M.A Sc., P. Eng., P.Geol.,
President and CEO                        
Tel./Fax: 647-344-7734 or Mobile: 416-716-5762      
 Email:
 info@spartonres.ca
 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Information set forth in this news release involves forward-looking statements under applicable securities laws. The forward-looking statements contained herein include, but are not limited to, financings and transactions being pursued, and all such forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although the Company believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct and, accordingly, undue reliance should not be put on such forward-looking statements. This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.