Sparta Announces Transfer to the NEXadmin
Sparta Announces Transfer to the NEX
CALGARY, ALBERTA, January 20, 2014 /FSC/ – Sparta Capital Ltd. (SAY – TSX Venture),(“Sparta” or the “Corporation”) announces that due to its inability to meet the Tier 2 Continued Listing Requirements of the TSX Venture Exchange Inc. (the “Exchange”), the common shares in the capital of the Corporation (the “Common Shares”) will be delisted from the Exchange and transferred to the NEX board of the Exchange (the “NEX”) effective January 20, 2014 at the market open. The Common Shares will continue to trade on the NEX under the trading symbol “SAY.H”.
Sparta is in the early 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 distribution 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
Telephone: (306) 491-6323
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.
To view this press release as a PDF file, click onto the following link:
Source: Sparta Capital Ltd. (TSXV SAY) www.spartacapital.com
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Posted: January 20th, 2014 under FSCWIRE.