Spartan Metals Commences Trading on the OTCQB under Symbol SPRMF

Executive Summary

• Spartan Metals’ common shares began trading on the OTCQB® Venture Market in the United States under the ticker “SPRMF,” while continuing to trade on the TSX‑Venture Exchange (ticker “W”).
• The company secured Depository Trust Company (DTC) eligibility, enabling electronic clearing and settlement for U.S. investors.
• Effective 20 Nov 2025, Spartan engaged ValPal Management Consultancy for a 12‑month investor‑focused media and distribution campaign at a cost of US$8,000.

Key Details

• OTCQB Listing: Commenced on the date of release; provides U.S. investors access to Spartan’s equity and enhances trading liquidity.
• Dual Trading Symbols: OTCQB – “SPRMF”; TSX‑Venture – “W”.
• DTC Eligibility: Allows shares to be cleared/settled through DTC’s automated processes, facilitating cross‑border brokerage activity.
• Investor Relations Agreement:
• Service provider: ValPal Management Consultancy (Dubai, UAE).
• Scope: Investor‑focused media and distribution services for a 12‑month period.
• Fee: US$8,000 payable on 20 Nov 2025; no securities held by ValPal.
• Strategic Rationale (CEO Quote): Listing on OTCQB “amplifies marketing efforts,” provides access to the largest pool of equity capital, and supports Spartan’s mission to develop critical mineral projects in the U.S.

Notable Quotes

“Spartan’s mission is to unlock America’s critical mineral resources… Our OTC listing will amplify our marketing efforts and support our strategy of introducing the Company to a broader audience of potential investors.” – Brett Marsh, President & CEO

Materiality Assessment: Material – Positive (new U.S. market access and DTC eligibility are likely to broaden investor base and improve liquidity, representing a material development for shareholders).