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Sparton Resources Inc V.SRI

Alternate Symbol(s):  SPNRF

Energy
Sparton Resources Inc. is a Canada-based mineral exploration company. The Company is focused on exploring gold projects near producing mines on or near the gold producing trends in northeastern Ontario and northern Quebec, where it holds interests in three exploration prospects. Its properties include Oakes Gold Property, Pense Property and Bruell Gold Property. Its Oakes Gold Property is located in the gold producing area, on the extension of the Kirkland-Larder lake gold structural system. The Company controls approximately 46 mining claims and three mining leases in the Matachewan Gold Area, comprising about 736 hectares or 1472 acres. It has an option to explore the 39 claim (865 hectare) Pense Property in Pense Township, Ontario. The claims are located near the Quebec provincial border, approximately 25 kilometers east of Englehart, Ontario, in the Larder Lake Mining Division. It has over 51 claims in the Bruell property package, which is located in Vauquelin Township, Quebec.


TSXV:SRI - Post by User

Sparton Resources Inc
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Comment by xxtscon Aug 20, 2016 2:55am
139 Views
Post# 25160731

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Note

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Note
At first glance a bad deal, but the investors give money and determine ...
Wait until the VRB company is re-launched.
 
 
See the Vanspar- website:
 
• VRB benefits from Prudent's US $ 70 million investment in battery
development Including 20 MWh installed at over 50 sites; 800,000 hrs of
reliability testing; and a robust IP portfolio of over 60 patents on cell stack
design, in-house development membrane, and electrolyte chemistry.
• With validated product, ~ $ 3.5 million in inventory, and core team inplace,
the company can be re-launched into a Rapidly expanding market.
• VanSpar is seeking a $ 7- $ 10 million round of investment.
• Forward revenue of $ 200 million on 500 MWh of system sales.
• Full five-year discounted cash flow model is available for detailed review.
 
https://www.vanspar.com/download/VRB-BusinessOpportunity-Mar-2016.pdf
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities