TORONTO, ONTARIO–(Marketwired – Jan. 7, 2016) – Sparton Resources Inc. (TSX VENTURE:SRI) (“Sparton” or the “Company”) announces that the directors of Sparton have called an annual and special meeting of shareholders. The date for the shareholders meeting has been set for Tuesday, April 5, 2016 and the record date has been set at February 25, 2016.

The purpose of the meeting will be to: (i) receive the financial statements of the Company for the financial year ended December 31, 2015 together with the report of the auditors thereon, (ii) in accordance with a shareholder requisition for a special meeting, to review the solvency of the Company, to request the current directors to resign or, alternatively, to dismiss such directors, (iii) to elect directors of the Company for the ensuing year, (iv) to appoint auditors for the ensuing year and to authorize the directors of the Company to fix the remuneration of such auditors and, (v) to conduct such further or other business as may properly be brought before the meeting.

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, equipment commissioning processes and other 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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