Core Viewpoint - Sparton Resources Inc. is initiating a non-brokered private placement to raise gross proceeds of up to C$500,000 for exploration of its Critical Metals projects in Ontario and Quebec [1][4]. Group 1: Offering Details - The Offering will consist of Units, including Quebec Flow Through Shares (QFTS), Federal Flow Through Shares (FFTS), Non-Flow Through Shares (NFTS), and Share Purchase Warrants (SPW) [2]. - NFTS units will be priced at C$0.03, comprising one common share and one SPW, allowing the purchase of an additional common share at C$0.05 for 24 months [3]. - FTS units will be offered at C$0.035, consisting of one common share and a half SPW, with the full SPW allowing the purchase of a common share at C$0.08 for 12 months [4]. Group 2: Use of Proceeds - Proceeds from the Offering will be allocated to exploration activities for Critical Metals projects, including the Pense-Montreuil polymetallic metals project [4]. - The gross proceeds from FTS will be used to incur Canadian exploration expenses, which will be renounced to purchasers by December 31, 2025 [5]. Group 3: Regulatory and Compliance - The closing of the Offering is contingent upon receiving necessary regulatory approvals from the TSX Venture Exchange [6]. - The securities offered will not be registered under the U.S. Securities Act and cannot be sold in the United States without proper registration or exemption [7].