Sparton Resources , is pleased to report that
Ivanhoe Electric Inc. announced today that definitive agreements have been signed between V
RB Energy Inc. , and a subsidiary of privately held Shanxi Red Sun Co., Ltd. , and certain other affiliates, finalizing the terms of the transaction announced on September 23rd, 2024. . Sparton's interest in the flow battery industry is a 9.975% interest in VRB Energy held through Sparton's 90% interest in VanSpar Mining Inc. Full information regarding the history of the Company's VRB Energy investment is available in its various news releases and corporate filings available at www.sedarplus.ca and on the Sparton website at www.spartonresources.com. The Chinese joint-venture, which will receive a US $35 million ca...
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