Sparta Capital Ltd. Affirms Clean Energy can be Affordable
Calgary, Alberta (FSCwire) - Sparta Capital Ltd. (TSXV: SAY.H) (the “Corporation” or “Sparta”) challenges the notion that clean energy means spending a lot of money.
In the wake of Pope Francis’ visit to the United States, faith leaders, environmental scientists, and concerned citizens have called for action on climate change but many government officials, as well as some large enterprises suggest it is too costly. Sparta Capital knows this isn’t the case.
When the Pope spoke at the White House just days ago he said, “Climate change is a problem which can no longer be left to future generations”. Reducing greenhouse gas for the next generation is at the very core of Sparta Capital’s energy efficiency policy. The company is committed to providing customers with an opportunity to deploy clean energy without “breaking the bank”, while at the same time helping future generations through the Clean Air for Kids initiative.
Sparta is in the business of guiding young, talented technology designers and engineers who take into consideration the impact “green” technologies have and how to produce those technologies cost effectively. In a free-market economy no matter how “environmentally friendly” a product might be it will not sell if it isn’t competitively priced.
“Not only are we on a quest to fund technologies that are helpful to our environment, first and foremost we need to provide customers with a compelling economic reason to purchase them. For example, we have a division with a product that is completely illuminating, yet uses zero electricity and have a lower capital cost than its traditional electrically powered competitors. Our customers not only save on capital cost, they save on bulb replacement, save on energy, and save on maintenance,” said Tom Brown, President of Sparta Capital Ltd.
Under the Clean Air for Kids program, when one can demonstrate that new practices/technologies have led to less fuel being consumed, thus less carbon being emitted; those reductions can be added up and then converted into funds to be redirected to pre-qualified children’s hospitals. All the affordable products and services offered by Sparta and its subsidiaries qualify for the Clean Air for Kids initiative.
Sparta Capital Ltd. fosters and distributes a range of energy efficient solutions. Late last year, the company acquired all of the outstanding shares in Canadian based Newport Environmental Technologies Ltd. Now under the Sparta banner, they are in the process of securing several other licenses for technologies developed to save fuel while reducing carbon emissions in various markets. Sparta recently established three new divisions, Sparta Technologies 4 Mining Ltd; to cater to the special needs of the mining industry, Illumineris; a company that focuses on glow-in-the-dark safety products, and ReECO Tech Conversion Technologies; a biomass conversion division. For more details visit http://www.spartacapital.com
For further information please contact:
Teresa Madaleno – Communications, Sparta Capital Ltd.
Email: tmadaleno@spartacapital.com
Telephone: (416) 877-3915
www.spartacapital.com
Cautionary Statements
This news release contains “forward-looking information” within the meaning of applicable securities laws relating to the proposal to complete the Offering and any associated transactions, including statements regarding the terms and conditions of the Offering. Although the Corporation believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Corporation can give no assurance that they will prove to be correct. Readers are cautioned to not place undue reliance on forward-looking information. Actual results and developments may differ materially from those contemplated by these statements depending on, among other things, the risks that the Corporation will not proceed with the Offering and any associated transactions, that the ultimate terms of the Offering and any associated transactions will differ from those that currently are contemplated, and that the Offering and any associated transactions will not be successfully completed for any reason (including the failure to obtain the required approvals or clearances from regulatory authorities). The statements in this press release are made as of the date of this release. The Corporation undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Corporation.
Neither the TSX Venture Exchange Inc. (nor any of its separate boards which includes the NEX) nor its Regulation Services Provider (as that term is defined in the polices of the TSX Venture Exchange) has in any way passed upon the merits of the Offering and any associated transactions and neither of the foregoing entities has in any way approved or disapproved of the contents of this press release.
Neither TSX Venture Exchange Inc. (nor any of its separate boards which includes the NEX) nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
The common shares have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/sparta10012015.pdfSource: Sparta Capital Ltd. (TSX Venture:SAY.H) http://www.spartacapital.com/
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