Sparton Reports Grant of Stock Options
SPARTON RESOURCES INC.
NEWS RELEASE – MAY 21, 2010
SPARTON REPORTS GRANT OF STOCK OPTIONS
Toronto, Ontario – Sparton Resources Inc. (SRI: TSX-V) (the ‘Company’) reported today that it has issued a total of 1,485,000 new incentive stock options to directors, officers, employees and consultants of the Company. These options will entitle the holders to purchase common shares of the Company at a price of $0.10 per share and will expire on May 20th, 2015. The grant is subject to TSX Venture Exchange approval.
For more information contact:
A. Lee Barker, President and CEO Edward G. Thompson, Chairman tel.: 416-366-3551 tel.: int'l +1-416-366-6083 fax: 416-366-7421 fax: +1-416-366-2713 mobile: 416-716-5762 e-mail: [email protected] e-mail: [email protected]
SPARTON RESOURCES INC. Company website: www.spartonres.ca Listed: TSX Venture Exchange Trading Symbol: SRI
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.