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Sparton Resources Inc.

11:48 AM EST - Sparton Resources Inc. : Announced that the full payment of RMB 15.265 million (approximately $3.2 million) was received by the Company's client for the commissioning of the Zhangbei Project's 8 Megawatt Hour Vanadium Flow Battery on June 7, from the battery's owner, State Grid North China Company Limited. Sparton Resources Inc. shares V.SRI are trading up $0.01 at $0.05.