TORONTO, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV: SRI) ("Sparton" or the "Company") reported today that construction of a world class 100MW/500MWh Storage system by VRB Energy Inc. has officially started. The project, launched in Xiangyang, Hubei Province, China, is being implemented by Hubei Province and the State Power Investment Group as part of China’s national "Carbon Neutral and Carbon Peak Strategy". The total investment in the project is RMB 9.32 billion (CAD $1.814 billion). RMB 5 billion (CAD $973.3 Million) w...

TORONTO, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV: SRI) ("Sparton" or the "Company") reported today that it has raised approximately $600,000 in new capital through the exercise of outstanding warrants and incentive stock options. Ninety-five percent (95%) of the outstanding warrants from the 2020 Company financing (see Sparton news release dated August 3rd, 2020) were exercised, as well as seventy-four (74%) percent of the outstanding incentive stock options. Funds will be used to support Company exploration programs, retire a port...

TORONTO, July 14, 2021 (GLOBE NEWSWIRE) -- Sparton Resources Inc. (TSXV: SRI) ("Sparton" or the "Company") reported today that VRB Energy Inc. (“VRB Energy”) recently announced that it has been selected by the China State Power Corporation to install a 500KWh vanadium flow battery at the National Photovoltaic and Energy Demonstration Experimental Center (“the Center”) in Daqing, north-eastern China. The Center has agreed to purchase a 125KW/500KWh all vanadium redox flow battery energy storage system from VRB Energy. The unit will be...