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SRI Sparton Resources News Story

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Brief: Sparton Resources' unit receives financing notice and subscription agreement from JD Holding

July 24 (Reuters) - Sparton Resources Inc  SRI.V  
    * Co's unit Vanspar Mining has received a financing notice 
and subscription agreement from JD Holding Inc 
    * Sparton Resources Inc - investment funding will allow 
Vanspar to maintain its current 18% investment interest in JDH 
    * Sparton Resources - as per notice, agreement, JDH will 
raise $5 million through sale of 38.8 million shares at a deemed 
value of $0.129 per share 
 
Source text for Eikon:  ID:nCCNSwnVMa  
Further company coverage:  SRI.V  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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