Sparton Resources Inc (SRI) ニュース

Ivanhoe Electric own roughly 90% of VRB Ltd (private company) and recently formed VRB China with the Chinese owning 51% to VRB's 49%. The Chinese want to make VRB China world leaders in Vanadium Flow Thru batteries and judging by the pace they are going at, it is looking very good. In mid-October they started building a massive manufacturing plant at a pace unknown to the ordinary man! I don't believe it could possibly be built in 3 months let alone 6 months but who knows as the Chinese built a hospital 2 days! SRI has a market value of $6.8 million but they own just under 10% of VRB and Ivanhoe want to spin off VRB as a public company. This is a big one that I believe will reap big rewards to early buyers. News from China will come fast and furiously, so watch for Sparton's news announcements.

https://ih.advfn.com/stock-market/TSXV/SRI/stock-news/94596019/sparton-resources-announces-major-developments-for Very good news IMO.

https://www.spartonres.ca/news/news-update-sept-1-23/

Yeah I been noticing thier CHART lately (a little bit at least).....

And, ah....I dunno what to think there (here)

There's been A SLIGHT volume increase on this pop but nuthin' compared to the past (ones)

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Asri&x=34&y=17&time=100&startdate=2%2F4%2F2020&enddate=2%2F21%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

Intersting news there regarding the Games - Thanks !

Energy storage News!

https://www.spartonres.ca/news/pressrelease-feb-3-2022/

Ugh - Update

Gave up on them quite some time ago but.....their board's a bit surprisingly active, with 8 present https://ceo.ca/sri

Old July 8th vid

Got news !~
https://ceo.ca/@nasdaq/sparton-resources-inc-announces-opening-ceremony-held

Better'n a kick in the teeth

I like when one can do this here ;










Market cap 16.75 m

Oh yeah, it was exiting alright - temporarily.

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=ca%3Asri&x=65&y=15&time=18&startdate=1%2F1%2F2008&enddate=6%2F23%2F2022&freq=9&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9


https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Asri&time=7&startdate=1%2F1%2F2008&enddate=6%2F23%2F2022&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&x=45&y=19&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

And also maybe perhaps still IS ?



Think it was up on a Chinese gvmt proclamation that VRB = Their Supplier Of Choice".....



Which, if true could be like - wow - she'll attract Chinese investors


And with Robert Freidlands' name's attached ?


I THINK the cap's still under 20 mil and.....and boy, hey, that is one fairly-strong looking chart, no ?

Big volume here again...today!

futr

You can run,but you can't hide

futr

Yeah - That's about it (I would imagine).....

Gotta wonder though how it'd fair in a mkt crash / correction





However....




This from a week ago :




Have things NOT run their course ?







For if that thing breaks out - The RUT goes parabolic.....Which is a bit hard to accept

Seems it's back to waiting for the long term plan

to play out

I'll be weighing the pros and cons of adding

futr

Pump-job from the living room - July 8th




Pump slump ;





Okay, now what ?......hmmmm.......Paid .12

Sparton Resources Inc. Announces Possible China Ban on Lithium Based Large Scale Energy Storage Systems
7:30 am ET June 30, 2021 (Globe Newswire) Print
Sparton Resources Inc. (TSXV: SRI) ("Sparton" or the "Company") reported today on recent media articles related to large scale energy storage systems ("ESS") and energy storage technology.

The Company currently owns, through its subsidiary VanSpar Mining Inc., a 9.8% equity interest in VRB Energy Inc. ("VRB") a leading manufacturer of vanadium flow batteries for large scale energy storage related to clean renewable electricity generation. (See Sparton News Release dated March 16, 2021).

Possible Ban on Lithium Based Large Scale ESS in China

As reported on June 25, 2021, by the Chinese Media Group "Caixing" and UK based "Energy Storage Publishing", "China is on the verge of banning the use of second-life lithium-ion batteries in large-scale energy storage systems (ESS) amid a spate of fires this year".

In January, an explosion at a China recycling plant owned by lithium-ion battery giant Contemporary Amperex Technology (CATL) killed one person and injured 19 more.

In April, two firefighters died when they were putting out a fire in an energy storage power station in Fengtai District of Beijing, according to the China Daily news outlet.

The halt is expected to continue until a "breakthrough in battery consistency management technology and a sound power battery performance testing and evaluation system" is developed" according to Caixing,

The ceasing of lithium secondary battery use follows the National Energy Administrationissuance of a draft report entitled 'Regulations for the Management of New Energy Storage Projects' on June 22, 2021.

Vanadium flow batteries produced by VRB which are an alternative ESS technology to lithium, are not explosive or a fire hazard, and are fully recyclable.

Please see the link below for his information.

https://www.bestmag.co.uk/content/china-verge-banning-large-scale-esss-using-second-life-lithium-ion-batteries#.YNmRazpx9Pk.twitter

Recent ESS Research Report

On June 21,2021, Fortune Business Insights(TM) Pvt. Ltd., an Asian based research group, released a comprehensive report ("Battery Energy Storage Market, 2020-2027 by Fortune Business Insight") mentioning key players in the ESS space and projecting that these companies could generate up to US$19.7 billion of energy storage business by the year 2027. The report also mentions VRB as one of the leading players and comments on the slowdown in the industry due to the Covid 19 pandemic situation which is now easing. The report provides a detailed analysis of several factors such as the key drivers and restraints that will impact ESS growth. Additionally, the report provides insights into the regional analysis that covers different geographic regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to introduce new products, announce partnerships and collaborations that will further contribute to the market growth.

The full report is available at the following link:

https://www.fortunebusinessinsights.com/enquiry/customization/battery-energy-storage-market-100489

Discussion

"These announcements are expected to be very beneficial to VRB's energy storage business", stated Lee Barker, Company CEO. "Clearly the safety concerns associated with large scale, lithium-based energy storage installations are now a major concern to the Chinese authorities and are being addressed by the halt in approval of new Li type installations, and the orders to implement new safety regulations for their use". "The market for large scale ESS is expected to grow rapidly as countries and industrial enterprises begin to focus on the global use of renewable energy systems and VRB is expected to be a key player in the ESS business in China as well internationally going forward".

There are a growing number of 100MW renewable energy and flow battery projects under development in many provinces in China. Many of these provinces are mandating minimums of 5-20% storage capacity to be integrated with new solar and wind power projects. Vanadium flow batteries have been recommended by the China Central Government as the technology of choice for large scale integrated battery installations.

VRB Energy is now the leading contender for multiple 100 MW-class projects scheduled under China's infrastructure investment program, which is being accelerated as part of post-COVID economic stimulus. On the international front VRB is in discussions with a number of developers and utilities in the U.S., Australia, and South Africa for large 100 MW-class systems. The energy storage industry and VRB are clearly supporting the ongoing worldwide green energy revolution.

Information regarding the Company's interest held in VRB is as Follows:

VRB is majority owned by High Power Exploration ("HPX") which is a subsidiary of I-Pulse, a private innovative technology development company.

Sparton's 89.8% owned subsidiary, VanSpar Mining Inc., registered in the British Virgin Islands, owns 9.8% of VRB which is registered in the Cayman Islands, which in turn owns 100% of VRB Energy Systems, registered in China, and is the vanadium flow battery manufacturer. Full information regarding the history of the VRB investment interest held by Sparton is in its various news releases and available at www.sedar.com in its corporate filings.

For more information contact:

A. Lee Barker, M.A Sc., P. Eng.

President and CEO

futr

Perfect !.....

Super dd there....Thanks.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164732262

Aug 2020
https://www.cbj.ca/sparton-resources-inc-vrb-energy-solutions-inc-announces-new-and-improved-vanadium-battery-management-changes-new-beijing-government-grant-funding/



SMA
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Asri&x=51&y=18&time=100&startdate=1%2F1%2F2020&enddate=8%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=1&maval=50+200&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

https://www.globenewswire.com/news-release/2021/07/02/2257208/0/en/VRB-Energy-announces-US-24-million-investment-from-BCPG-one-of-Asia-Pacific-s-largest-renewable-energy-companies.html

futr

I can see why :

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137806145

I'm more optimistic...

Time will tell-

futr

ha-ha-ha- Does not SEEM good

There were some MENTIONINGS of haltings on the CEO site but I could not find any signs

There, they were saying that such would be a positive - (allow folks to learn about & discern the (supposed) fundamentals I just shared here.


I dunno......I basically tend to assume the WORST so......I suspect the worst will happen !


Thanks tho however, for I might not have learnt that.....That SRI had been halted


I wonder if it could be re-opened before EOD - I know - Not likely - Perhaps halted for a month.....

I tend to assume the worst

Suspension of trading by IIROC - ULC
July 02 2021 - 02:27 PM
PR Newswire (Canada)
Alert
Print
Share On Facebook
VANCOUVER, BC , July 2 2021 / CNW / - IIROC has suspended trading in the following securities:

Company: Sparton Resources Inc.

TSX Venture Symbol: SRI

Titles: Yes

Reason: At the request of the company while waiting for a new

Time of suspension (ET): 2:18 p.m.

IIROC may make the decision to temporarily suspend (or cease) trading in a security of a publicly traded company. Stoppages of operations are implemented in order to ensure the proper functioning of a fair market.

IIROC is the national self-regulatory body that oversees all investment dealers and all transactions in the equity and debt markets in Canada .

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Stops / Takes


Copyright 2021 Canada NewsWire

Most helpful!

http://spartonresources.com/

futr

Some reckoned reasoning fwiw :

https://www.kaohoon.com/news/458344

Huge volume!

these spec plays can make you question your better judgement,

but can pay off in a big way

thanks for keeping it

on your radar

futr

fwiw

https://www.kaohoon.com/news/458344

https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=ca%3Asri&x=43&y=12&time=100&startdate=1%2F1%2F2020&enddate=7%2F23%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

I'm in at a ridiculous .12 cents there so it's like ; What was I thinkin' ?
At least I'm now back to say, even at least (for now at least maybe)....We'll see.

http://www.spartonres.ca/wp-content/uploads/2019/01/VRBENERGY_BROCHURE_EN.pdf

futr

Same thing can be said for TCF

The vanadium redox energy part of the equation-

https://vrbenergy.com/

http://spartonresources.com/

futr

Don't think I've posted this here yet - article's from back in year 2016 ??? Yikes, but perhaps - GOOD !?

https://www.northernminer.com/news/sparton-banks-vanadium-vanadium-flow-batteries/1003774456/




Also this perhaps

https://www.youtube.com/watch?v=1iDtfxzoYDM

Great interview... thanks

futr

A March 18th CEO video interview

https://www.youtube.com/watch?v=j8H_8VBfsx4

Just entered this at .12 (yikes - see chats this replies to)
https://www.globenewswire.com/news-release/2021/03/16/2193880/0/en/Sparton-Announces-VRB-Energy-Agreement-to-Build-China-s-Largest-Solar-Integrated-Battery-System.html

Tryin' to find out what a 100MW farm is
https://www.renewableenergyworld.com/solar/entergy-to-build-100-mw-solar-power-plant-on-1000-acres-in-mississippi-delta/



Elsewhere (in Libya)

https://constructionreviewonline.com/news/libya-begins-construction-of-100mw-solar-power-plant-in-kufra-town/

The power plant will occupy an area of 200 hectares (400acres) and construction has been entrusted to a Chinese company. Upon completion,it will reinforce the electricity network of the city of Kufra, which is currently supplied by a thermal power plant consisting of 3 units of 25 MW each. The power plant has been out of service for several months due to a fuel supply problem following the unrest in this North African country. Two of the three units of the thermal power plant have recently been rehabilitated.

February 12th



Company holds a stake in VRB FF.....Has done this whilst VRB has been halted all week

China - Vanadium - mid 2019

https://www.juniorminingnetwork.com/~jmn/junior-miner-news/press-releases/2474-tsx-venture/sri/60806-sparton-resources-inc-agreement-to-purchase-vanadium-mining-license.html

The-man-who-loved-Niagara-Falls


https://money.tmx.com/en/quote/SRI/news/8762478123882000/Sparton_Resources_Inc_Provides_Update_for_Bruell_Gold_Project

Who killed Sir Harry Oakes ?......The wealthiest man in the British Empire
https://www.google.ca/search?q=sir+harry+oakes+net+worth&tbm=isch&ved=2ahUKEwjlmYfq6-nuAhV9FzQIHVSdA90Q2-cCegQIABAA&oq=+Sir+Harry+Oakes&gs_lcp=CgNpbWcQARgFMgIIADICCAAyBggAEAUQHjIECAAQGDIECAAQGDIECAAQGDIECAAQGDIECAAQGDIECAAQGDIECAAQGDoHCCMQ6gIQJ1DGwN8RWPTl3xFggPjgEWgBcAB4AIABhQGIAYUBkgEDMC4xmAEAoAEBqgELZ3dzLXdpei1pbWewAQrAAQE&sclient=img&ei=DFYpYOXjJP2u0PEP1LqO6A0&bih=578&biw=1280

https://kimchampniss.wordpress.com/2017/09/26/the-man-who-loved-niagara-falls/

https://m.canadianinsider.com/sparton-resources-subsidiaries-sign-agreements-for-acquisition-and-financing-of-vanadium-redox-battery-vrb-manufacturer