Sparta Group Concludes Non-Brokered Private Placement

Sparta Group has successfully closed its non-brokered private placement, issuing 5,101,500 units at $0.02 per unit, resulting in gross proceeds of CDN $102,030. Each unit includes one common share and one common share purchase warrant. The warrant allows holders to purchase additional common shares at $0.10 each, valid for 18 months from the closing date.

The company plans to allocate the proceeds towards audit, legal, and license fees. It will not use these funds for non-arm's length transactions or investor relations. This private placement awaits final approval from the TSX Venture Exchange.

All securities issued are subject to a four-month hold period per applicable laws. Investors using the existing security holders' exemption have a cap on aggregate acquisition costs of $15,000 unless advised by a registered investment dealer.