Sparta Capital Ltd. Responds to Ontario’s Climate Change Plan
Calgary, Alberta (FSCwire) - The managers and operators of Sparta Capital Ltd. (TSXV: SAY.H)
(the “Corporation” or “Sparta”) say a broad climate change plan should not have to send people
into panic mode; that we can lower dependence on fossil fuel without draining pocket books.
Sparta Capital, a Calgary based green technology company with subsidiaries in Ontario is responding to news that the Ontario
government is about to spend 7 billion dollars over the next four years on a climate change plan that will impact every aspect of
life in the province. According to the Globe and Mail, it’s a strategy that involves dictating how people drive, how they heat
their homes and how they might run their businesses. It has some people applauding and others worried about costs.
“All the details of the Ontario plan still need to be revealed, but no matter what the province calls for, we at Sparta know
from years of research and consultation across multiple markets and looking at countless innovations, that it doesn’t have to
cost a fortune to tackle some of our environmental concerns, thanks to new green technologies,” said Sparta President, Tom
Brown.
Although Ontario is formalizing a comprehensive climate change plan in an effort to reduce their provinces carbon footprint,
Sparta management and staff point out that many businesses across the country have already put sustainability plans into
practice. Surveys, including a recent Innovative Research Group Poll, shows that about 80 percent of Canadians are concerned
about climate change. Many people care about global warming, they just don’t know what to do about it.
“Our own client base is growing daily within Ontario alone. Companies big and small want to do their part whether it is by
taking small, inexpensive steps or making bigger long-term investments to improve the quality of the environment for the future.
They know they can reduce their current carbon footprint and in the long run save money,” added Martin Troughton who is the
President of Sparta’s product safety division, Illumineris Inc.
The Illumineris GloBrite® Photoluminescent safety products, which require no electricity, little maintenance and
are environmentally friendly, are being utilized by a number of well-known businesses across the country.
Sparta management is not suggesting that lowering fossil fuel use is easy but they are confident it is the way of the future.
Several major industries including shipping, airlines, transport trucking, fashion manufacturing, and farming are working hard to
reduce fossil fuel use.
About Sparta:
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. (“Newport”). 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. Since the acquisition of Newport, Sparta established three new divisions: Sparta Technologies 4 Mining Ltd; to
cater to the special needs of the mining industry, Illumineris Inc., a company that focuses on glow-in-the-dark safety products,
and ReECO Conversion Technologies Ltd; a biomass conversion division. For a more detailed look at the company profile, please see
the Investor Facts Sheet on the Sparta website (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. When used in this news release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan",
"predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to
identify forward-looking statements and information. 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, readers are cautioned to not
place undue reliance on forward-looking information because the Corporation can give no assurance that they will prove to be
correct. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date of
publication of this news release and the Corporation undertakes no obligation to update such forward-looking statements if these
beliefs, estimates and opinions or other circumstances should change. Furthermore, the Corporation undertakes no obligation
to comment on analyses, expectations or statements made by third parties in respect of the Corporation.
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 Inc.)
accepts responsibility for the adequacy or accuracy of this release.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/SpartaMay172016.pdf
Source: Sparta Capital Ltd. (TSX Venture:SAY.H)
http://www.spartacapital.com/
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