Sparton Resources Inc. announced today that it has closed, effective December 14, 2018, a private placement financing totalling $50,000 through the sale of 714,286 flow through shares to the same institutional accredited investor that recently took down a $100,000 placement. Each Flow Through Common Share is priced at $0.07. The placement is non brokered and no finders fees or commissions are being paid. Proceeds will be [...]
Sparton Resources Inc. announced today that it has entered into, effective December 5, 2018, an agreement for a private placement financing totalling $50,000 through the sale of 714,286 flow through shares to one accredited investor. Each Flow Through Common Share. is priced at $0.07. The placement is non brokered and no finders fees or commissions are being paid. Proceeds will be used for expenditures on the [...]
Sparton Resources is pleased to announce that VRB Energy Inc., has reported, on October 31, 2018, the successful commissioning of the initial 1 megawatt hour vanadium-redox-battery energy-storage-system module of the Phase 1, 12 MWh energy storage project in Zaoyang, Hubei Province, China. Phase 1 is part of a larger 40 megawatt hour energy storage project awarded to VRB in 2017. . The VRB-ESS is being used to integrate a [...]
Sparton Resources Inc. announced today that, effective October 18, 2018, it has entered into an agreement for private placement financing totalling $100,100 through the sale of 1,430,000 flow through shares to one accredited investor. Each flow through common share is priced at $0.07. Proceeds will be used for expenditures on the Company’s Canadian Exploration Program including current drilling activities on the [...]
TORONTO, July 09, 2018 -- Sparton Resources Inc. announced today that it has closed, effective July 6, 2018, an agreement for a non-brokered private placement financing totalling $130,175 through the sale of 1,859,643 common share units to one accredited strategic investor. Each Common Share Unit is priced at $0.07 and consists of one common share and one common share purchase warrant to purchase one common share at $0.15 [...]
TORONTO, June 28, 2018 -- Sparton Resources Inc. is pleased to report that VRB Energy , formerly Pu Neng Energy, announced yesterday a Strategic Cooperation Framework Agreement with the Pangang Group Vanadium and Titanium Resources Co. Ltd. . Sparton’s 87.46% owned subsidiary VanSpar Mining Inc. owns an 18% equity interest in VRB. HPX Techco a private mineral exploration organization, and part of the I-pulse Group [...]
TORONTO, June 13, 2018 -- Sparton Resources Inc. announced today that it has entered into, effective June 13, 2018, an agreement for a private placement financing totalling $130,000 through the sale of 2,000,000 common share units to one accredited strategic investor. Each Common Share Unit is priced at $0.07 and consists of one common share and one common share purchase warrant to purchase one common share at $0.15 for [...]
TORONTO, May 28, 2018 -- Sparton Resources Inc. announced today that it has received final assay results from the initial three-hole drill program at on the Bruell Gold Property in Vauquelin Township, Quebec. Three holes all intersected significant gold mineralization and were completed for a total of 691 meters. One hole intersected a newly discovered broad altered shear zone grading 2.75 grams per ton over 6.67 meters [...]
LOS ANGELES, May 2, 2018 /PRNewswire/ -- FN Media Group Presents USA News Group News Commentary USA News Group - While the Li-ion energy storage market has seen unprecedented growth, to the point of element shortages, Vanadium may be the better technology for several grid-connected applications. It now appears that the vanadium has a shot a taking the lead in energy storage for grid-connected applications, large-scale [...]
TORONTO, March 22, 2018 -- Sparton Resources Inc. announced today that it has closed, effective March 22, 2018, agreements for private placement financing totalling $64,000 through the sale of 800,000 flow through shares to two accredited investors. Each Flow Through Common Share is priced at $0.08. Proceeds will be used for expenditures on the Company’s Canadian Exploration Program including current drilling [...]
TORONTO, March 16, 2018 -- Sparton Resources Inc. announced today that it has entered into, effective March 16, 2018, agreements for private placement financing totalling $64,000 through the sale of 800,000 flow through shares to two accredited investors. Each Flow Through Common Share is priced at $0.08. Proceeds will be used for expenditures on the Company’s Canadian Exploration Program including current drilling [...]
TORONTO, March 06, 2018 -- Sparton Resources Inc. is pleased to announce that a work program has been approved for the advanced evaluation of the vanadium mineralization in the 16 square km. Yao Wan Polymetallic Exploration License, in the Zhen’an area of Shaanxi Province, China. See Sparton News Release dated January 2, 2018. Yao Wan Vanadium Project The Vanadium mineralization is strata bound and similar to other [...]
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