EnerSpar Corp. (“EnerSpar” or “the Company”) was founded in Alberta in 2011 as a Capital Pool Corporation named Walmer Capital Corp. and changed its name to its present style simultaneously with completing its Qualifying Transaction on March 30, 2017 under Policy 2.4 of the Toronto Stock Exchange Venture Exchange.

 

The Company intends to concentrate on Feldspar and similar industrial minerals, especially those that share Feldspar’s prime characteristic of being silica based. Typically such resources are found in substantial volumes at or near surface and their extraction is more like excavating a gravel pit than it is like conventional shaft or underground mining.

 

Latest News Release

Enerspar Corp. Announces Corporate Update and Granting of Options

Calgary, Alberta--(Newsfile Corp. - April 3, 2017) - Jay Richardson, Chief Executive Officer of EnerSpar Corp. (TSXV: ENER) (the "Company"), is pleased to announce the appointment of Shimmy Posen as Corporate Secretary. Mr. Posen is a lawyer at Garfinkle Biderman LLP, where he focuses on corporate finance, M&A and securities law. He acts for public and private companies, securities dealers and financial institutions on a number of public and private financings and commercial transactions. Mr. Posen holds a J.D. from Osgoode Hall Law School and a B.A. in Political Science from York University. Mr. John Arnold has resigned as Corporate Secretary, but continues on as a director and chief financial officer to the Company.

 

Granting of Options

 

In addition, the Company is pleased to announce that the Company has granted 1,250,000 incentive stock options to various Officers, Directors and Consultants. The options are exercisable at $0.05 per option for a period of 3 years from the date of grant and have no vesting conditions. The options are being issued under the terms of the Company's Stock Option Plans which were approved by shareholders at the Company's Annual General and Special Meeting on July 14, 2016.

 

About EnerSpar Corp.:

 

EnerSpar is a junior mining company listed as a Tier 2 Issuer on the TSX Venture Exchange based on a former producing mine in Eastern "mine friendly" Quebec, Canada. Its lead project is the Johan Beetz property comprising 4 claims totaling over 80 Ha. (over 200 acres) including 5 deposits from which production was taken in the mid late 20th century. The Company intends to establish a resource estimate in the next 12 24 months.

 

ON BEHALF OF THE BOARD OF DIRECTORS:

 

Jay Richardson, Chief Executive Officer and Director
Contact: jay.richardson@sympatico.ca
Toronto Office: 416-410-JAYR [5297].

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This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment.

 

Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified.

 

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Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.

 

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