SPARTON RESOURCES INC.
VRB Energy Inc. Achieves Milestone Global Certification for its Third Generation Vanadium Redox Flow Batteries - Seite 2
VRB Energy is majority-owned by Ivanhoe Electric, a North American, minerals exploration and development company that also invests in minerals-dependent, high-growth emerging technologies. Ivanhoe Electric is a global leader in developing innovative commercial applications for exploration technologies and is focusing on development of electric metal producing projects in North America and elsewhere.
Commentary
“Sparton is delighted to see this major development in VRB Energy’s technical achievements," stated A. Lee Barker, Company CEO. "We believe vanadium Redox flow batteries are clearly superior to lithium-Ion batteries for grid scale energy storage applications, and infinitely safer. The UL Certification will provide global recognition of the Gen3 VRB-ESS system and provide VRB Energy with a very strong marketing tool for new business going forward.”
About Sparton
Sparton is a mineral exploration Company currently focused on exploring gold projects near producing mines on or near the major gold producing trends in northeastern Ontario and northern Quebec where it holds interests in three exploration prospects. The Bruell Property, hosts a new gold discovery, is now being explored by Eldorado, which owns the nearby producing Lamaque Mine the west. The Oakes and Pense Properties near Matachewan and Englehart in Ontario are in close proximity to Alamos Gold’s producing Young Davidson Mine and the prolific Kirkland Lake gold producing area.
The VRB Energy equity share asset is a keystone in the Company’s value base.
The full version of the Ivanhoe Electric News Release may be seen at www.ivanhoeelectric.com, and https://ivanhoeelectric.com/news/ivanhoe-electrics-90-owned-subsidiary ....
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For more information contact:
A. Lee Barker, M.A Sc., P. Eng.
President and CEO
Tel./Fax: 647-344-7734 or Mobile: 416-716-5762
Email: info@spartonres.ca Website: www.spartonres.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
Information set forth in this news release involves forward-looking statements under applicable securities laws. The forward-looking statements contained herein include, but are not limited to,
financings and transactions being pursued, and all such forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in
this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information,
future events or otherwise, except as expressly required by applicable securities legislation. Although the Company believes that the expectations represented in such forward-looking statements are
reasonable, there can be no assurance that such expectations will prove to be correct and, accordingly, undue reliance should not be put on such forward-looking statements. This news release does
not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.
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