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Sparta Capital Announces Grant of Stock Options

Thursday, 01 November 2018 09:50 PM

Sparta Capital Ltd.

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Not for Distribution to U.S. Newswire Services or for Dissemination in the United States ofAmerica. Any Failure to Comply with this Restriction May Constitute a Violation of U.S.Securities Laws.

CALGARY, ALBERTA / ACCESSWIRE / November 1, 2018 / Sparta Capital Ltd. (TSXV: SAY) (the "Corporation" or "Sparta") announces that its Board of Directors (the "Board") has approved the granting of stock options to purchase 2,035,000 common shares ("Common Shares") of Sparta to an officer and certain consultants of the Corporation, subject to regulatory and TSX Venture Exchange approval. The options were issued in accordance with the Corporation's stock option plan at an exercise price of $0.07 per Common Share for a period of five (5) years.

About Sparta:

Sparta Group owns or holds a controlling interest in a network of independent businesses that supply energy saving technologies designed to reduce energy inefficiencies, achieve reduced emissions and increase operating efficiencies in various industries. Sparta's network of independent businesses provide a wide range of specialized energy capturing, converting, optimizing and related services to the commercial sector. Sparta provides capital, technical and engineering expertise, legal support, financial and accounting knowledge, strategic planning and other shared services to its independent businesses.

Sparta is a publicly traded company listed on the TSX Venture Exchange under the symbol "SAY" (TSX.V: SAY). Additional information is available www.spartacapital.com or on SEDAR at www.sedar.com.

For further information please contact:

John O'Bireck, President
Email: [email protected]
Telephone: (905) 751-8004

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.

SOURCE: Sparta Capital Ltd.

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