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Sparton Resources Inc.

03:37 PM EST - Sparton Resources Inc. : Announced today that its 89.8% owned subsidiary VanSpar Mining Inc. has received a Financing Notice and Subscription Agreement from JD Holding Inc. whereunder JDH will raise $5 million U.S. through the sale of 38,759,690 Shares at a deemed value of $0.129 U.S. per share. Sparton Resources Inc. shares V.SRI are trading unchanged at $0.04.