Sparton Resources Unveiled: VRB Stake & Canadian Critical Metals

Investor webinar replay

Meeting Overview The meeting focused on Spartan Resources' current exploration programs and asset portfolio, including updates on their financial status, key projects, and future plans. Lee Barker, the President and CEO, provided insights into the company's operations, particularly regarding their interests in VRB Energy and various mineral exploration projects. Key Discussion Points - Overview of Spartan Resources' corporate structure and current financial status, including share issuance and cash reserves. - Details about VRB Energy, a core asset involving large grid-scale storage batteries, and its ongoing projects. - Discussion of the company's royalty property in Quebec, now owned by Eldorado Gold, and its potential for future development. - Updates on exploration projects focusing on critical metals and minerals, including a gold project near Metatuan and the Pence-Montreuil Critical Metals Project. - Mention of historical mining activities and potential for new discoveries ba...

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[Speaker identities could not be resolved; generic labels used] [00:03] Speaker 1: We are now live. Hello everyone and thank you for joining us today for this live Spartan Resources event. I'm joined by Lee Barker, President and CEO, who will walk us through today's presentation. [00:12] Speaker 1: Following that, we'll open the floor to a Q&A session. So please feel free to submit your questions at any time using the chat feature in the bottom right corner of your screen. And as always, this event is being recorded and will be made available shortly after we conclude. With that said, Lee, the floor is yours. Well, good morning, everyone. [00:29] Speaker 2: I'm very happy to be able to present [00:32] Speaker 2: Spartan and its [00:33] Speaker 2: current situation regarding our exploration programs [00:37] Speaker 2: and our other assets. And Kyle is going to present some questions which I'll be able to answer, but any other questions that come up [00:44] Speaker 2: during the meeting and presentation, please put them out and we'll try and answer them as quickly as [00:50] Speaker 2: we can. This is our corporate structure, of course. [00:54] Speaker 2: Spartan at the moment has about 169M [00:57] Speaker 2: shares issued. [00:58] Speaker 2: Our trading price currently is around 3.5 cents. You can see the range. We have no options outstanding at the moment, and there are some outstanding ones. [01:08] Speaker 2: In terms of cash, [01:09] Speaker 2: at the current time we have around USD$100, 000 in the bank, but we're in the process of raising some additional funds and there will be news about that coming out shortly. [01:21] Speaker 2: In the portfolio of assets and projects that we have in Spartan, [01:26] Speaker 2: we have exploration projects, but we also have a...