TORONTO, ONTARIO -- (Marketwire) -- 07/15/11 -- Sparton Resources Inc. (TSX VENTURE: SRI) (the 'Company') is pleased to announce that its wholly-owned subsidiary, Sparton Energy Inc. ('SEI') has received approval for the restructuring of the 2009 $1.7 million loan financing provided by an arm's length third party (the 'Lender') (see Company news releases dated July 28, 2009, and April 21, 2011). The restructuring
TORONTO, ONTARIO -- (Marketwire) -- 07/14/11 -- SPARTON RESOURCES INC. (TSX VENTURE: SRI), (the 'Company') is pleased to announce that effective July 11th 2011 it has closed the initial phase of the Purchase Option agreement (the 'Agreement') with Purple Gold Corporation ('PGC') where under PGC may acquire all of the Company's rights and obligations related to the SBD gold project near Battle Mountain, Nevada for a combination of cash, shares and a net smelter royalty. (See Sparton News Release dated June 22, 2011).
TORONTO, ONTARIO -- (Marketwire) -- 06/22/11 -- SPARTON RESOURCES INC. (TSX VENTURE: SRI), (the 'Company') is pleased to announce that, effective June 17th, 2011, it has signed a Purchase Option Agreement (the 'Agreement') with Purple Gold Corporation ('PGC') where under PGC will acquire all of the Company's rights and obligations related to the SBD gold project near Battle Mountain, Nevada. PGC is a newly incorporated
TORONTO, ONTARIO -- (Marketwire) -- 05/17/11 -- SPARTON RESOURCES INC. (TSX VENTURE: SRI), (the 'Company') is pleased to announce that the 2011 exploration program on Sparton's claims in the Atikokan, Ontario, gold area have been finalized with Osisko Hammond Reef Gold Ltd. the operating subsidiary of Osisko Mining Corporation ('Osisko', TSX-'OSK', 'EWX'-Deutsche Boerse). The properties straddle Osisko's Hammond Reef
TORONTO, ONTARIO -- (Marketwire) -- 05/11/11 -- SPARTON RESOURCES INC. (TSX VENTURE: SRI), (the 'Company') reported today that it has executed an agreement with American Consolidated Minerals Corp. ('ACM'), (TSX VENTURE: AJC) for the acquisition of Sparton's 50% interest in the Sierra Rosario Property ('SRP'), located in the state of Sinaloa, Mexico (the 'Acquisition'). Sparton currently holds a 51% interest in the SRP
TORONTO, ONTARIO -- (Marketwire) -- 04/21/11 -- Sparton Resources Inc. (TSX VENTURE: SRI) (the 'Company') is pleased to announce that its wholly-owned subsidiary, Sparton Energy Inc. ('SEI') has restructured the 2009 $1.7 million loan financing provided by an arm's length third party (the 'Lender') (see Company news release dated July 28, 2009). The restructuring includes the repayment of the sum $500,000 of the
TORONTO, ONTARIO -- (Marketwire) -- 04/12/11 -- Sparton Resources Inc. (TSX VENTURE: SRI) ('Sparton' or the 'Company'), announced today that its 74.2% percent owned British Virgin Island ('BVI') subsidiary company, VanSpar Mining Inc. ('VanSpar') has executed an exclusive option agreement (the 'Agreement') for the acquisition of an 80% interest in Jiangxi Rentian Mining Co. Ltd ('Rentian'). Rentian holds various rights
TORONTO, ONTARIO -- (Marketwire) -- 03/23/11 -- Sparton Resources Inc. (TSX VENTURE: SRI) ('Sparton' or the 'Company'), announced today management appointments for its 74.2% percent owned British Virgin Island ('BVI') subsidiary company, VanSpar Mining Inc. ('VanSpar'). VanSpar holds various rights and assets to the Rentian and Guojiaping vanadium projects in Jiangxi Province China. (See Sparton news releases dated December 2, 2010, March 10, 2011 and March 14, 2011.)
$1 Million Dollar Budget for 2011 Exploration Program
TORONTO, ONTARIO -- (Marketwire) -- 03/21/11 -- SPARTON RESOURCES INC. (TSX VENTURE: SRI), (the 'Company') is pleased to announce today that it has executed a joint venture agreement ( 'JV') with Osisko Mining Corporation ('Osisko') (TSX: OSK)(FRANKFURT: EWX) pursuant to which Osisko will spend $1,000,000 on exploration during 2011 to maintain its option (the 'Option') to acquire up to a 70% interest in approximately 7500 hectares of mining claims held under option from third parties or wholly owned by Sparton (the 'Properties') in the Atikokan Gold Area, Ontario.
TORONTO, ONTARIO -- (Marketwire) -- 03/15/11 -- Sparton Resources Inc. (TSX VENTURE: SRI) ('Sparton' or the 'Company'), announced today that it has received very positive results from the initial surface sampling program completed on its Rentian Vanadium Project in Jiangxi Province, Peoples Republic of China . See Sparton news release dated December 2, 2010.
TORONTO, ONTARIO -- (Marketwire) -- 03/10/11 -- Sparton Resources Inc. (TSX VENTURE: SRI) (the 'Company'), announced today that it has entered into an agreement ('the Agreement ') for the sale of an 18.8% interest in VanSpar Mining Inc. ('Vanspar') for gross proceeds of USD$1,514,383.56.
TORONTO, ONTARIO -- (Marketwire) -- 12/08/10 -- Sparton Resources Inc. (TSX VENTURE: SRI), (the 'Company') is pleased to announce today that it has closed a $500,000 private placement with Osisko Mining Corporation ('Osisko'), (TSX: OSK) (FRANKFURT ...