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Sparton
Resources Inc. (TSX VENTURE:SRI) (the "Company") is pleased
to announce the appointment of Mr. Jocelyn Cote as Chief
Financial Officer.
Mr.
Cote brings over 20 years of academic and industry experience in
the financial sector to
the Sparton team. He holds a Bachelor of Commerce degree, majoring
in finance, from the University of Sherbrooke and a Canadian
Securities Certificate.
From
1989 until 2000 he held senior positions with Credit Lyonnais,
domestically, in Europe and in the United States, including the
post of Vice- President Corporate Banking. More recently he held
the position of Vice-President Finance and
Administration for Aecon Group Ltd. a major civilian contracting
organization involved in many major construction projects in
various parts of Canada and elsewhere.
Mr.
Cote is past President and Director of Melkior Resources Inc.,
a Canadian junior exploration company. He is currently president
of Capital Production Inc. a management consulting company specializing
in institutional debt
and equity financing, and
financial control management.
Fluent
in both of Canada's official languages, he brings an excellent
balance of financial experience and strategic financial
planning and management skills to Sparton's management group.
Mr.
Cote has been granted 200,000 incentive options to purchase Sparton
Common Shares at a price of $0.44 expiring on July 25, 2012. .
FOR FURTHER INFORMATION PLEASE CONTACT:
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