Announcement • Mar 24
Sparta Capital Ltd., Annual General Meeting, May 21, 2026 Sparta Capital Ltd., Annual General Meeting, May 21, 2026. Announcement • Oct 03
Sparta Capital Ltd. announced that it has received CAD 0.10203 million in funding On October 2, 2024, Sparta Capital Ltd closed the transaction. The Company issued 5,101,500 Units at a price of CAD 0.02 per Unit for gross proceeds of CAD 102,030. Reported Earnings • Sep 01
Third quarter 2024 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 3Q 2023) Third quarter 2024 results: CA$0.001 loss per share (in line with 3Q 2023). Revenue: CA$1.92m (down 7.8% from 3Q 2023). Net loss: CA$68.1k (loss narrowed 62% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Announcement • Aug 30
Sparta Group Announces the Completion of the 2023 Measurement, Reporting, and Verification Process At Its E-Waste Processing Facility, ERS International Sparta Group has announced the completion of the 2023 Measurement, Reporting, and Verification process at its E-waste processing facility, ERS International, revealing some significant environmental benefits. Measurement, Reporting, andVerification or MVR is a multi-step process to measure the amount of greenhouse gas emissions (GHG) reduced by a specific activity over a specific period. In the case of Sparta's ERS International, the activity is reducing emissions through the recycling of electronic waste in 2023. The e-waste processing efforts at ERS generated carbon credits equivalent to 600,883,859 smartphones being charged, 10,031,102 pounds of coal being burned, or 894,106 gallons of diesel being used. The MVR process is key to ERS being able to convert its recycling into carbon credits with monetary value. A third party verifies the GHG report so that carbon credits can be issued. Several companies are now part of the carbon credit program at ERS, having their electronics recycled and thus having quick access to generated GHG credits. The current national price of carbon is $80.00 per tonne. That price will jump to $170.00 by 2030. Announcement • Jul 17
Sparta Capital Ltd. Appoints Joseph Cimorelli to Its Board of Directors Sparta Capital Ltd. has announced the appointment of Joseph Cimorelli to its board of directors, effective immediately. Joseph Cimorelli is currently the Director of Global Business Development for ERS International, a key enterprise that falls under Sparta's Environment Division. He is responsible for establishing, coordinating and enforcing strategic plans to increase business and gain new opportunities for ERS. His strong sales, marketing and business operations skills have served the Company well, especially during the establishment of the ERS Carbon Credit Program. Cimorelli came to ERS with a solid sales and marketing background, as well as a reputation for a strong work ethic. Management report that when he joined ERS 6 years ago, he "jumped right in" and quickly developed a passion for his work. Today, he is known for going the extra mile to help ERS reach its goals. Cimorelli joins an esteemed Board of Directors that includes, ChairmanPeter Quattrociocchi, finance and sales expert, Martin Marshall; Sparta President, Tony Peticca, as well as Shawn Leon, a business development and health services professional. Announcement • Jun 21
Sparta Group Joins Forces with Parametric Design Canada Inc., to Bring It's Autonomous Medicine Project to A Whole New Level Sparta Group has announced that it has entered a strategic partnership with Parametric Design Canada Inc. The alliance has been forged to allow the companies to elevate Sparta's Autonomous Medicine Project to a whole new level with Augmented Reality (AR) visors. When complete, the "Doc-in-a-Box" project is anticipated to meet all the requirements for a Category 4 Software as a Medical Device (SaMD) and offer the additional benefits of Augmented Reality (AR) integration. Through this joint effort, the companies intend to offer healthcare professionals a decision support medical device that is Health Canada/FDA approved providing autonomous diagnosis of illness and selection of treatment coupled to the enhanced, interactive availability of a real-world environment with AR glasses. As designed, the system will enable the sharing of live streams with remote doctors for immediate support and decision-making. The integration of Parametric Design Canada Inc.'s sophisticated AR application can also offer vital assistance in both medical training and treatment diagnosis. Doc-in-a-Box is intended to help doctors, nurses or other healthcare professionals provide their patients with better service more efficiently. The system supports a just-in-time access to the latest medical evidence base for over 2,500 indications and treatment options thus providing patients with the best medical care immediately available and ensuring the highest standard of medical practice. Management from both companies have said they are "thrilled" to be merging their expertise to develop a technology that will make high-quality medical care more accessible, especially in remote areas of the world and in challenging environments like space exploration, where traditional healthcare is limited. Augmented reality (AR) opens a whole new way to interact with the world around through digital visual elements, sounds, and other sensory stimuli. Parametric Design Canada has experience in applying AR to multiple industries. Announcement • Jun 13
Sparta Group Announces the Release of TruckSuite App 2.0 Sparta Group along with its U.S TruckSuite experts announced the release of TruckSuite App 2.0. Setting a new industry standard, this comprehensive mobile application is specially designed for the trucking sector. This latest update reaffirms Sparta's commitment to incorporating technology solutions that eliminate digital overload by integrating multiple functionalities into one seamless interface and platform. Version 2.0 of the TruckSuite App introduces new features designed to simplify every aspect of a trucker's life on the road. This includes the "My Day" and "Just Drive" sections, created to enhance daily trucking operations and streamline travel necessities. "My Day" optimizes driving time by offering advanced tools, such as route planning, weather forecasts, as well as weigh station and toll information, along with the ability to conduct electronic pre and post trip inspections for both trucks and trailers. Meanwhile, "Just Drive" provides quick access to travel centres, parking, hotels, and emergency services, enabling truckers to focus on driving without unnecessary distractions. The app also significantly expands its coverage with enriched features across several key areas: My Truck: Now includes aftermarket warranties, diesel decoder diagnostics, and CASPR truck protection devices, keeping tucks on the road. My Health: Introduces tailored health, dental, vision, and life insurance options, along with prescription discounts, addressing the unique health challenges faced by truckers. My Business: Brings to trucker's fingertips warranty and repair financing, truck insurance, and various services to streamline business operations and help maximize profitability. TruckSuite App 2. 0 uses proprietary technology, including the "MyChat Web" and the live audio and video "My Concierge" support services, to connect truckers with industry experts anytime, anywhere. This technology ensures that trucks stay on the road, and drivers remain in the truck, achieving TruckSuite's objective of enabling truckers to "Just Drive." TruckSuite LLC, spearheaded by top industry experts, offers a suite of products and services designed to keep trucks operational and drivers competitive. The product, available through an extensive mobile app, is the comprehensive Aftermarket Warranty -the most advanced of its kind on the market. The TruckSuite app and technology platform are specifically designed to assist truckers in navigating the multifaceted challenges they face daily. Check out the TruckSuite App through the Apple store or Google Play. TruckSuite will soon be launching additional Canadian specific features to the apps already extensive offerings. Reported Earnings • Jun 04
Second quarter 2024 earnings released: CA$0.012 loss per share (vs CA$0 in 2Q 2023) Second quarter 2024 results: CA$0.012 loss per share (further deteriorated from CA$0 in 2Q 2023). Revenue: CA$2.03m (down 25% from 2Q 2023). Net loss: CA$97.7k (loss widened 196% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 38% per year, which means it is significantly lagging earnings. Announcement • May 15
Sparta Capital Ltd. announced that it expects to receive CAD 1 million in funding Sparta Capital Ltd. announced a a non-brokered private placement of up to 50,000,000 units at a price of CAD 0.02 per Unit for gross proceeds of up to CAD 1,000,000 on May 13, 2024. Each unit is comprised of one common share and one full Common Share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share at a price of CAD 0.10 per Common Share for a period of eighteen months from the date of closing the Offering. The Offering is subject to certain conditions including but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange Inc. Pursuant to applicable securities laws, all securities issued pursuant to the Offering will be subject to a four-month hold period from the date of closing. For those investors relying upon the exemption for existing security holders, the aggregate acquisition cost to a subscribing shareholder of all securities of the company cannot exceed CAD 15,000 in the previous 12 months, unless that shareholder has obtained advice regarding the suitability of the investment from a registered investment dealer in the subscriber’s jurisdiction. The offer to purchase Units is available to all security holders of the company who held Common Shares on November 25, 2022. Shareholders residing in Ontario, Newfoundland and Labrador, and countries other than Canada will need to meet local jurisdiction requirements to participate. Reported Earnings • May 01
Full year 2023 earnings released: CA$0.002 loss per share (vs CA$0.005 loss in FY 2022) Full year 2023 results: CA$0.002 loss per share (improved from CA$0.005 loss in FY 2022). Revenue: CA$9.43m (up 58% from FY 2022). Net loss: CA$412.9k (loss narrowed 57% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 38% per year, which means it is performing significantly worse than earnings. Announcement • Nov 23
Sparta Group Appoints Tony Peticca as President Sparta Group has confirmed the appointment of Mr. Tony Peticca as its new President. The appointment comes one month after the passing of President John O'Bireck, as well as following a thorough review of operations across all divisions. Company officials have indicated that Mr. O'Bireck was part of the review, which began several months ago, and that he played a role in helping select Mr. Peticca as his replacement. For the past 18 monthsPeticca has been a business consultant for Sparta so the transition to President is expected to be seamless. Tony Peticca is an experienced business leader and technology product specialist. He has vast skill in technology development and marketing. He is the Co-Founder and CEO of Datapult Inc., and Partner and COO of Laser Bonding Tech. Throughout his career, Peticca has worked with some of the country's most recognizable brands. His experience in health technology is expected to serve Sparta well as the Company works on developing and distributing health technology backed by Web3. Announcement • Oct 24
Sparta Group Announces Passing of President & Chief Technology Officer John O’Bireck Sparta Group has sadly confirmed the passing of the Company's President and Chief Technology Officer, John O'Bireck following an intense but quick battle with pancreatic cancer. Sparta staff, partners, members of the Company's Technical Advisory Board and the Board of Directors are grieving the loss of the man they knew as a dedicated leader and friend. They all extend heartfelt condolences to John's wife Karen, his daughters, and two grandchildren. John was 65 years old. Reported Earnings • Sep 03
Third quarter 2023 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 3Q 2022) Third quarter 2023 results: CA$0.001 loss per share (in line with 3Q 2022). Revenue: CA$2.08m (up 35% from 3Q 2022). Net loss: CA$178.6k (loss narrowed 40% from 3Q 2022). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. New Risk • Jun 09
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 10% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Negative equity (-CA$1.2m). Market cap is less than US$10m (CA$9.37m market cap, or US$7.01m). Minor Risk Shareholders have been diluted in the past year (10% increase in shares outstanding). Announcement • Jun 07
Sparta Group Appoints Craig Backs to Its Technical Advisory Board Sparta Group has just announced the addition of Dr. Craig Backs, an esteemed Internal Medicine Specialist with a focus on Heart Attack and Stroke prevention to its Technical Advisory Board ("TAB"). A graduate of Southern Illinois University School of Medicine, and former Chief Medical Officer at St. John's Hospital in Springfield, Illinois, Dr. Backs is an experienced and respected Specialist. He focuses on disease prevention with a style that is much like local football coach. Backs believes in and practices guiding each player (patient) to execute his or her own individualized "CurePlan" so they can reverse, or even cure many chronic diseases. Backs is currently CEO/CMO of CureCoach Inc., and has established The Cure Centre for Chronic Disease to help prevent heart attack, stroke, and Type 2 Diabetes, using knowledge gained from training in the Bale/Doneen Method. His CureCoach App is now available to millions of people around the globe who suffer from chronic conditions. Dr. Backs and Sparta management share the same point of view when it comes to modern healthcare. They see a future where people are going to be seeking alternatives to conventional medicine and where technology, especially those that can be delivered via smart phone or tablet, will assist healthcare professionals, as well as patients in ways never imagined possible before. Dr. Backs' appointment marks a significant milestone in the expansion of Sparta's Innovation division and the establishment of Sparta Health Corp. Doctor Backs joins the 10 other distinguished professionals that sit on Sparta's Technical Advisory Board. The Board is made up of experts in finance, business management, energy, biology, physiology, computer technology, data-base development, engineering, scientific field research, as well as medical technology development. Reported Earnings • Jun 02
Second quarter 2023 earnings released: EPS: CA$0.001 (vs CA$0.002 loss in 2Q 2022) Second quarter 2023 results: EPS: CA$0.001 (up from CA$0.002 loss in 2Q 2022). Revenue: CA$2.68m (up 67% from 2Q 2022). Net loss: CA$33.0k (loss narrowed 91% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 5% per year. Announcement • May 11
Sparta Group Officially Establishes Sparta Health Corp Sparta Group announced the expansion of its Innovation division with the launch of Sparta Health Corp. The formation of this company comes as the convergence of healthcare and technology accelerates, and at a time when Sparta's Innovation division finds itself in a position to develop various technologies enhanced by artificial intelligence (AI) and blockchain technology. Sparta Health Corp. is a purpose-driven company that will develop and commercialize evidence-based medical technology to support health care providers and patients outside the typical emergency department or doctors office; delivering solutions intended to compare a patients health against their own baseline as opposed to approximations from past studies. This comes at an opportune time. There has been a lot of debate about how to stabilize Canada's healthcare system currently plagued by a lack of doctors and nurses, as well as temporary hospital emergency room closures. In response to the health crisis, the province of Ontario announced last summer that it would be expanding the role of paramedics, allowing them to provide certain treatments instead of always taking the patient to a hospital emergency or other healthcare facility. Sparta management believes health care providers like paramedics would be better equipped if they could take advantage of the digital revolution, including technology that can generate vast amounts of patient-specific medical information and data to empower healthcare decision-making. company contend that healthcare is still under-digitalized, and people, especially those who live in remote communities, need better access to care. company technologies are being designed to constantly analyze an individuals key indicators while using AI to scrutinize large amounts of medical data being produced around the world. The goal is to modernize and streamline care delivery and alleviate the inefficiencies and challenges health care providers and patients face. Announcement • Feb 08
Sparta Capital Ltd. announced that it has received CAD 0.613 million in funding On February 7, 2023, Sparta Capital Ltd. closed the transaction. The company amended the size of the transaction. The company issued 20,433,333 units for aggregate gross proceeds of CAD 613,000. Announcement • Nov 29
Sparta Capital Ltd. announced that it expects to receive CAD 0.3 million in funding Sparta Capital Ltd. announced that it intends to to complete an offering of up to 10,000,000 units at a price of CAD 0.03 per unit for gross proceeds of up to CAD 300,000 on November 28, 2022. Each unit is comprised of one common share and one full common share purchase warrant. Each warrant entitling the holder to purchase one additional common share at a price of CAD 0.05 per common share for a period of twenty four months from the date of closing the offering. The transaction included participation from existing shareholders. The transaction is subject to regulatory approval. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 4 experienced directors. 3 highly experienced directors. President, CTO & Director John O'Bireck is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Aug 30
Third quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.002 loss in 3Q 2021) Third quarter 2022 results: CA$0.002 loss per share (vs CA$0.002 loss in 3Q 2021). Revenue: CA$1.54m (up 35% from 3Q 2021). Net loss: CA$309.6k (loss narrowed 13% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 02
Second quarter 2022 earnings released: CA$0.001 loss per share (vs CA$0.002 loss in 2Q 2021) Second quarter 2022 results: CA$0.001 loss per share (up from CA$0.002 loss in 2Q 2021). Revenue: CA$1.61m (up 80% from 2Q 2021). Net loss: CA$372.9k (loss narrowed 13% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 6 experienced directors. 1 highly experienced director. President, CTO & Director John O'Bireck is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Mar 07
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CA$0.002 loss per share (down from CA$0.001 loss in 3Q 2020). Revenue: CA$1.14m (up 48% from 3Q 2020). Net loss: CA$356.9k (loss widened 54% from 3Q 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • Feb 13
Sparta Capital Ltd. announced that it has received CAD 0.275 million in funding On February 11, 2022, Sparta Capital Ltd. closed the transaction. The company received CAD 25,000 in its final tranche bringing the total amount received in the transaction to CAD 275,000. The transaction included participation from 5 placees. The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. Reported Earnings • Sep 01
Third quarter 2021 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 3Q 2020) The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CA$1.14m (up 48% from 3Q 2020). Net loss: CA$356.9k (loss widened 54% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Aug 01
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 4 experienced directors. 1 highly experienced director. President, CTO & Director John O'Bireck is the most experienced director on the board, commencing their role in 2013. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Jun 16
Sparta Capital Ltd. (TSXV:SAY) entered into a memorandum of understanding to acquire an unknown minority stake in SBL Testing Technologies USA Inc. Sparta Capital Ltd. (TSXV:SAY) entered into a memorandum of understanding to acquire an unknown minority stake in SBL Testing Technologies USA Inc. on June 15, 2021. Announcement • Jun 09
Sparta Group Unveils Multi-Layer Virus Protection Program for the Workplace Sparta Group announced that it is officially unveiling its virus protection program for the workplace. It's a system that integrates 5 easy-to-use components that can be utilized by both industrial and commercial enterprises to help keep a lid on the spread of viruses like COVID-19. The COVID-19 crisis has crushed industry, especially operations that depend on the movement of people and close contact on production lines. This has been evident in Ontario's region of Peel, where there are hundreds of factories and more than 100,000 cases of SARS-CoV-2 being recorded, resulting in significant reductions in productivity. Over the last several months, Sparta and its various divisions have been working to bring together a comprehensive health safety program aimed at helping to protect vulnerable workers. Over the past couple of months, while governments and society-at-large have been largely banking on vaccines as the holy-grail, yet concerns about the next wave, the next variant, and/or the next pandemic
outbreak still being omnipresent, Sparta has been looking to implement additional layers of workplace safety systems to allay safety concerns for its employees at their e-waste recycling facility (Re-ECO Tech/ERS) in Scarborough, ON. Now, over the next couple of weeks, Sparta will be using the same Scarborough facility as a demonstration site to explain how their workplace virus protection program can be used in other industries to help improve peace-of-mind across the workforce that results in increased productivity. Sparta's Workplace Pathogen Protection ProgramTM was designed with multiple integrated layers, consisting of the following components: Workplace Entry Station #1 powered by Safe Entry Stations; delivered by SBL Testing Technologies to rapidly screen individuals for 7 symptoms associated with COVID-19, influenza, and other respiratory infectious diseases in seconds. Workplace Entry Station #2 to disinfect using a natural occurring non-toxic formulation, safe for clothing, skin and human consumption. @WorkTM by Achu HealthTM App & dashboard to consistently monitor numerous health factors on and off the job including while sleeping. Rapid Virus testing utilizing both antibody and antigen Health Canada approved rapid point-of-use tests. Robotic antimicrobial dispersion to weekly disinfect and leave behind a pathogen protective coating on surfaces and workspace of all kinds, including production areas. Reported Earnings • Jun 02
Second quarter 2021 earnings released: CA$0.001 loss per share (vs CA$0.001 loss in 2Q 2020) The company reported a poor second quarter result with increased losses, weaker revenues and weaker control over costs. Second quarter 2021 results: Revenue: CA$894.0k (down 53% from 2Q 2020). Net loss: CA$427.9k (loss widened 289% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 04
First quarter 2021 earnings released The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2021 results: Revenue: CA$1.45m (up 4.1% from 1Q 2020). Net loss: CA$15.6k (loss narrowed 95% from 1Q 2020). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Feb 25
New 90-day high: CA$0.23 The company is up 475% from its price of CA$0.04 on 26 November 2020. The Canadian market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 41% over the same period. Reported Earnings • Jan 31
Full year 2020 earnings released: CA$0.005 loss per share (vs CA$0.004 loss in FY 2019) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: CA$5.28m (down 52% from FY 2019). Net loss: CA$848.4k (loss widened 25% from FY 2019). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Announcement • Jan 14
Sparta Group Provides Update on Upcoming Property Development in Picturesque Prince Edward County Sparta Group reported that their previously announced plans to transform a property in eastern Ontario into a desirable community is now ready to move forward, spearheaded by development partner FLC Group of Toronto ON. It has always been Sparta’s goal to see the old, decommissioned WWII property, atop MaCaulay Mountain in Picton, transformed into a community that blends in with the natural, picturesque features of Prince Edward County and that makes green space a priority. The new VineRidge development will be nestled up against the scenic 440-acre MaCaulay Mountain Conservation Area that includes miles of great walking and biking trails and is close to many award-winning wineries for which The County has gained a very favorable reputation. While Sparta has been involved in the property for several years, management was looking for just the right developer; one that would share their enthusiasm for the natural features of the land, as well as be keen on incorporating significant eco-friendly outdoor living space. Announcement • Dec 06
Sparta Capital Ltd. Appoints Leonard Shara to Technical Advisory Board Sparta Capital Ltd. has appointed Mr. Leonard Shara, P.Eng., a chemical engineer with a wide range of technical and business development experience to its Technical Advisory Board. A graduate of chemical engineering and holding an MBA, Shara has extensive knowledge in the areas of chemicals and industrial equipment, datacom, telecom, automotive, sales, precious metal recovery, and RFID (Radio-frequency identification). He is a former Director for Belron Canada, which owns multiple Speedy Auto Glass shops. While at Belron, Shara worked on in-vehicle camera calibration and pricing models for ADAS systems, such as Lane Departure Warning and Automatic Braking. He is also the former Director of Sales for Cole-Parmer, a scientific and industrial instrument distributor, and for FixAuto/NOVUS Glass, a leading auto body and windshield repair franchisor. Mr. Shara has extensive international experience, including working and living in Germany to guide an electronics distribution operation. Mr. Shara is currently the technical leader for Sparta's laboratory services situated within the company's e-waste recycling plant in Toronto's east end. Management and staff believe his ability to apply his knowledge to solve technical problems, his meticulous attention to detail, as well as his strong analytical skills, make him not only a valuable asset in a laboratory setting, but also on an advisory board. Announcement • Nov 27
Sparta Health Group Division Secures PPE Orders to Assist Canadian Healthcare Facilities Sparta Capital Ltd. has secured two noteworthy orders just weeks after forming its Sparta Health Group division, thus answering the call for immediate help with Personal Protective Equipment due to COVID-19. With the initial intent to develop a program utilizing proper process control engineering principles to help streamline the purchasing of PPE, the company’s Health-care division has also been able to facilitate significant initial orders to supply Canadian health-care facilities with some 10 million pairs of medical-grade gloves. The $2.5 million worth of imported gloves will go a long way in helping protect staff in healthcare facilities in Calgary and Toronto. Announcement • Oct 01
Sparta Group Appoints Kevin Fern to Technical Advisory Board Sparta Group announced another high-tech appointment to its already strong Technical Advisory Board. Mr. Kevin Fern, of Detroit Michigan, is the founder of Altera Solutions, LLC, a company highly experienced in advanced combustion engineering. Mr. Fern is joining the Sparta team to apply his advanced internal combustion engine application engineering experience to the final development of some exciting new patent pending technologies, presently approaching commercialization under Sparta's TreeFrogTM transportation brand. Mr. Fern has over 20-years of experience designing and developing ICE platforms for all types of fuels. His first order of business will be to apply proprietary combustion engineering principles to help complete a patent pending atomizing delivery system. It will form an important component for Sparta's previously announced symbiotic suite of COVID-19 safety tools. Essentially, it will help apply Sparta's TreeFrogTM Pathogen Protection solution throughout the inside of the cabs of most forms of commercial transport vehicles in a highly efficient manner. Such vehicles include, over-the-road, vocational, fleet, day-cab and the like. 
