Sparton Resources Inc. is pleased to announce the test results conducted on their behalf by Central America Nickel Inc. on the vanadium mineralization hosted in black shale from Jiangxi Province in China, using the CAN’s Ultrasound Assisted Extraction technology . The material tested was taken from the Quankeng Stone Coal Mining License in [...]
Sparton Resources Inc. announced today that it has closed, effective February 20, 2019, agreements for private placement financing totalling $100,000 through the sale of 1,430,000 flow through shares to three accredited investors. Each Flow Through Common Share. is priced at $0.07. The placement is non-brokered and finder’s fees and [...]
Sparton Resources Inc. announced today that it intends to enter into agreements for a private placement financing totalling up to $100,000 through the sale of up to 1,428,572 flow through shares to accredited investors. Each Flow Through Common Share is priced at $0.07 and closing of the financing is expected on or before February 28, 2019 [...]
Sparton Resources Inc. is pleased to announce that VRB Energy Inc. , in which the Company holds a significant indirect interest, reported, on January 11, 2019, the final commissioning of Phase 1 of the 40 Megawatt Hour vanadium-redox-battery energy-storage-system at Zaoyang, Hubei Province, China, with a 3 MW/12 MWh storage system commencing operation. Battery Modules Electrolyte Tanks Phase 1 is part of the larger 40 Megawatt Hour energy storage project awarded to VRB in 2017 with construction beginning in 2018. . The VRB-ESS is being used to integrate a large solar photovoltaic system into the local electricity grid, and the current 12Mwh installation is the largest VRB-ESS® built in China to date. Building on the valuable experience gained from the execution of this pr... [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]