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Sparta Capital Ltd V.SAY

Alternate Symbol(s):  SCAXF

Sparta Capital Ltd. owns a controlling interest in a network of independent businesses, which supplies energy-saving technologies designed to reduce energy inefficiencies, achieve reduced emissions and increase operating efficiencies in various industries. Its businesses are divided into three segments: capturing lost waste energy, converting existing waste for other uses and into new consumable forms, and optimizing energy efficiencies. Its subsidiaries include ReECO TECH, Illumineris and SuperNova Performance Technologies Ltd. ReECO TECH collects waste materials with a focus on converting such waste streams into new usable forms. Illumineris has three divisions: the photoluminescent safety products (Safety) division, the comprehensive energy audit (EMD) division and the power-factor correction (Energy Mitigation) division. SuperNova Performance Technologies Ltd. is a division focusing on green initiatives related to combustion, the transportation sector and storage technology.


TSXV:SAY - Post by User

Post by Smokey1958on Sep 02, 2021 10:03am
209 Views
Post# 33800191

Highlights from MD&A

Highlights from MD&A

June 2021 was a particularly busy month for Sparta. After signing an MOU with CASPR Technology Group to formalize a distribution and development agreement, Sparta began addressing interest in the CASPR system. The first customer for the Continuous Air and Surface Pathogen Reduction technology became F45 in Toronto’s Leslieville district. The Leslieville gym is one of about 200 F45 gyms across Canada and one of about 2,000 worldwide. News of F45 using the pathogen protection system spread quickly among gym members and the Toronto business community, culminating in Sparta being featured on the 680 News Business Report.

Meanwhile, as was recently reported, Sparta’s RPRA approved waste electronics upcycling division, ERS- International, has secured a number of important contracts, generating an impressive level of back log, which, when processed, is expected to more than double revenues over the upcoming year.

Sparta continues to monitor the development of VineRidge in Prince Edward County, Ontario. Sparta secured the property years ago and last January announced a development agreement with FLC Group that would see the land get transformed into a desirable community of houses, with ample green space to enhance healthy living.

Any investors in Sparta live in Prince Edward County? It would be interesting to have someone on the ground see how this development is progressing.

Certainly the management team and employees of Sparta have not been idle in spite of the challenges of covid. Looking forward to seeing this positive growth continue.

GLTE!!!

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