Sparton Provides Updated Information on the VRB Energy-Lubao Group Joint Venture Activities

TORONTO, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Sparton Resources (TSX-SRI-V), (“the Company”), is pleased to announce that news of positive developments continues to flow from China following the signing of Definitive Agreements (the “Agreements”) between the Company’s 9.98%-owned VRB Energy Inc. (“VRB Energy”), a subsidiary of privately held Shanxi Red Sun Co., Ltd. (“Red Sun”), and certain other affiliates, finalizing the terms of the transaction announced previously.

Read more at globenewswire.com