Sparta Announces Appointment of New Chief Financial Officeradmin
Sparta Announces Appointment of New Chief Financial Officer
CALGARY, ALBERTA, October 04, 2013 /FSC/ – Sparta Capital Ltd. (SAY – TSX Venture), (“Sparta” or the “Corporation”)is pleased to announce that it has appointed Richard Hammermeister as Chief Financial Officer of the Corporation. Daryn Gordon has tendered his resignation as Chief Financial Officer of the Corporation effective October 4th, 2013.
Mr. Hammermeister is a chartered accountant with over fifteen years of finance and accounting experience with publicly traded companies. He obtained his Chartered Accountant designation at an international accounting firm in Calgary, where he gained extensive audit, corporate reporting and financial control analysis experience. He was also co-founder and managing director of CSOX Solutions Inc. and Abacus Financial Corp., both privately held financial services companies.
Sparta is in the commercialization stage of a fuel savings and emission reduction product, the AddecoTech Precision Fuel Additive Injector – Model SS10L (the “Product”). Sparta acquired the world-wide right to manufacture and distribute the Product in December 2009. Thereafter, Sparta completed product development and obtained third party product safety certification. The Product was developed for commercial distribution as a means to automate the process of adding fuel additive into the fuel tank of diesel engines at each refuelling.
Further information about the Product may be obtained at www.addecotech.com
For further information related to Sparta, please contact:
Tom Brown, President, CEO
Telephone: (587) 400-2730
Neither TSX Venture nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture) accepts responsibility for the adequacy or accuracy of this release.
Not for distribution to United States news wire services or dissemination in the United States.
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Source: Sparta Capital Ltd. (TSXV SAY) www.spartacapital.com
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Posted: October 4th, 2013 under FSCWIRE.