Sparton Announces Private Placement of up to C$500,000

Not for distribution to United States Newswire Services or for dissemination in the United States

TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV-SRI) (“Sparton” or the “Company”) is pleased to announce a non-brokered private placement (the “Offering”) for gross proceeds of up to C$500,000 from the sale of up to 6,250,000 flow-through units of the Company (each, a “FT Unit”) at a price of C$0.08 per FT Unit. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.

Read more at globenewswire.com