Early Warning Press Release Regarding AcquisiƟon of Common Shares in Spartan Metals
TSX-V: W | OTCQB: SPRMF | FSE: J03
1-888-535-0325
1
Early Warning Press Release Regarding AcquisiƟon of Common Shares
in Spartan Metals
Vancouver, Canada, February 24, 2026 – Spartan Metals Corp. (“Spartan” or the “Company”) (TSX-V: W |
OTCQB: SPRMF | FSE: J03) reports that Burton Egger (the “ Acquiror”) a director of the Company has
acquired 1,400,000 common shares of the Company (the “ Acquired Shares”) by way of the exercise of
1,400,000 common share purchase warrants at a purchase price of $0.075 per Acquired Share (the
“AcquisiƟon”).
Prior to the compleƟon of the AcquisiƟon, Mr. Egger beneficially owned or exercised control or direcƟon
over 7,222,341 common shares, 1,604,166 common share purchase warrants (“ Warrants”) and 50,000
restricted share units (“RSU’s”), represenƟng approximately 18.3% per cent of the issued and outstanding
common shares on an undiluted basis and 21.56% on a parƟally diluted basis. Upon comple Ɵon of the
AcquisiƟon, Mr. Egger beneficially owns or exercises control or direc Ɵon over 8,622,341 common shares
204,166 Warrants and 50,000 RSU’s , represen Ɵng approximately 21.7% per cent of the issued and
outstanding common shares on an undiluted basis, and 21.56% per cent of the issued and outstanding
common shares on a parƟally diluted basis, assuming that Mr. Egger exercised all of his warrants and RSU’s,
and no other holders of converƟble securiƟes exercised or converted any of their securiƟes.
The Acquired Shares were acquired for investment purposes. Depending on market condi Ɵons, the
Acquiror may, from Ɵme to Ɵme, acquire addiƟonal securiƟes, exercise converƟble securiƟes, dispose of
some or all of the exisƟng or addiƟonal securiƟes or may conƟnue to hold the securiƟes of the Company.
About Spartan Metals Corp.
Spartan Metals is focused on developing cri Ɵcal minerals projects in well -established and stable mining
jurisdicƟons in the Western United States, with an emphasis on building a por ƞolio of diverse strategic
defense minerals such as Tungsten, Rubidium, AnƟmony, Bismuth, and Arsenic.
Spartan’s flagship project is the Eagle Project in eastern Nevada that consists of one of the highest-grade
historic tungsten resources in the USA (the past-producing Tungstonia Mine) along with significant under-
defined resources consisƟng of: rubidium; anƟmony; bismuth; indium; as well as precious and base metals.
More informaƟon about Spartan Metals can be found at www.SpartanMetals.com
On behalf of the Board of Spartan
“BreƩ Marsh”
President, CEO & Director
Further InformaƟon:
BreƩ Marsh, M.Sc., MBA, CPG
President, CEO & Director
1-888-535-0325
TSX-V: W | OTCQB: SPRMF | FSE: J03
1-888-535-0325
2
Neither the TSX Venture Exchange nor its Regula Ɵon Service Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press
release