Sparton Resources Inc.: VRB Energy Announces Strategic Vanadium Supply Agreement

Sparton Resources Inc.: VRB Energy Announces Strategic Vanadium Supply

Agreement

TORONTO, June 28, 2018 -- Sparton Resources Inc . (TSXV:SRI) ("Sparton" or the "Company") is pleased to report that

VRB Energy (“VRB”), formerly Pu Neng Energy, announced yesterday a Strategic Cooperation Framework Agreement with the

Pangang Group Vanadium and Titanium Resources Co. Ltd. (“Pangang V&T”).

Sparton’s 87.46% owned subsidiary VanSpar Mining Inc. owns an 18% equity interest in VRB.  HPX Techco (“HPX”) a private

mineral exploration organization, and part of the I-pulse Group of technology companies (“I-Pulse”), owns 82% of VRB.

Pangang V&T is the world’s largest producer of vanadium oxide and a listed subsidiary of Panzhihua Iron and Steel, one of the

world’s leading steel producers since 1971.

“I view this agreement with Pangang V&T as a major strategic breakthrough for VRB.  It will ensure the required supplies of

high purity vanadium products to support electrolyte manufacturing for VRB’s battery installations on an ongoing basis”, stated

Lee Barker, Sparton’s CEO.  “With a current shortage, and high prices for vanadium products particularly in China where VRB

operations are located, we regard this as another positive milestone in VRB’s development as the Vanadium Redox Battery

(“VRB”) manufacturer of choice for the energy storage industry”.

To read the full VRB News Release dated June 27, 2018 and for more information on VRB Energy, HPX and I-Pulse please

visit the Company website www.spartonres.ca or the following websites: www.vrbenergy.com, www.hpxploration.com, and

www.ipulsegroup.com.

VRB and related Information contacts:

Jim Stover                                          Eric Finlayson

[email protected]                 [email protected]

+1 604 648 3900                                +1 604 351 6350

Charles Ge 葛启明                             Bill Trenaman

[email protected]                [email protected]

+86 186 7010 7777                            +1 604 331 9834”

For more Sparton information contact:

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

President and CEO

tel./fax: 647-344-7734   or   mobile:    416-716-5762

Email: [email protected]                  Website: www.spartonres.ca

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.

Forward-Looking Statements

Information set forth in this news release involves forward-looking statements under applicable securities laws. The forward-

looking statements contained herein include, but are not limited to, financings and transactions being pursued, and all such

forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking

statements included in this news release are made as of the date hereof and the Company disclaims any intention or

obligation to update or revise any forward-looking statements, whether as a result of new information, future events or

otherwise, except as expressly required by applicable securities legislation. Although the Company believes that the

expectations represented in such forward-looking statements are reasonable, there can be no assurance that such

expectations will prove to be correct and, accordingly, undue reliance should not be put on such forward-looking statements.

This news release does not constitute an offer to sell or solicitation of an offer to buy any of the securities described herein.

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