Business
Early Warning Press Release Regarding Acquisition of Common Shares in Spartan Metals
(TheNewswire)     Vancouver, Canada, February 24, 2026 – TheNewswire &...
About this update from Spartan Metals Corp.
[{"type":"text","content":"Early Warning Press Release Regarding Acquisition of Common Shares in Spartan Metals\n(TheNewswire)\n\n \n\n \n\n\nVancouver, Canada, February 24,\n2026 – TheNewswire\n– Spartan Metals Corp. (“Spartan” or the\n“Company”) (TSX-V: W | OTCQB: SPRMF | FSE: J03) reports that Burton\nEgger (the “Acquiror”) a director of the Company has\n acquired 1,400,000 common shares of the Company (the “Acquired Shares”)\nby way of the exercise of 1,400,000 common share purchase warrants at\na purchase price of $0.075 per Acquired Share (the “Acquisition”).\n\n\n \n\n\nPrior to the completion of the Acquisition, Mr. Egger\nbeneficially owned or exercised control or direction over 7,222,341\ncommon shares, 1,604,166 common share purchase warrants\n(“Warrants”) and 50,000 restricted share units (“RSU’s”),\nrepresenting approximately 18.3% per cent of the issued and\noutstanding common shares on an undiluted basis and 21.56% on a\npartially diluted basis. Upon completion of the Acquisition, Mr. Egger\nbeneficially owns or exercises control or direction over 8,622,341\ncommon shares 204,166 Warrants and 50,000 RSU’s, representing\napproximately 21.7% per cent of the issued and outstanding common\nshares on an undiluted basis, and 21.56% per cent of the issued and\noutstanding common shares on a partially diluted basis, assuming that\nMr. Egger exercised all of his warrants and RSU’s, and no other\nholders of convertible securities exercised or converted any of their\nsecurities.\n\n\n \n\n\nThe Acquired Shares were acquired for investment\npurposes. Depending on market conditions, the Acquiror may, from time\nto time, acquire additional securities, exercise convertible\nsecurities, dispose of some or all of the existing or additional\nsecurities or may continue to hold the securities of the\nCompany.\n\n\n \n\n\nAbout Spartan Metals Corp. \n\n\nSpartan Metals is focused on developing critical\nminerals projects in well-established and stable mining jurisdictions\nin the Western United States, with an emphasis on building a portfolio\nof diverse strategic defense minerals such as Tungsten, Rubidium,\nAntimony, Bismuth, and Arsenic. \n\n\n \n\n\nSpartan’s flagship project is the Ea...