Mr. A. Lee Barker reports

SPARTON RESOURCES INC. ANNOUNCES ADOPTION OF SEMI-ANNUAL REPORTING

On April 13, 2026, by board resolution, Sparton Resources Inc. has elected to rely upon Coordinated Blanket Order 51-933, Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers, and adopt semi-annual financial reporting. This news release is being filed pursuant to CBO 51-933.

CBO 51-933 allows eligible venture issuers to voluntarily amend their disclosure from a quarterly to a semi-annual financial reporting framework. The company's fiscal year ends on Dec. 31. Under the provisions of CBO 51-933, the company can be exempted from the requirements to file quarterly financial statements for each of its first and third fiscal quarters, together with associated management discussion and analysis (MD&A), for so long as it continues to meet all eligibility criteria under CBO 51-933. The company confirms it meets this applicable eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million. Accordingly, the company does not intend to file interim financial statements and associated MD&A for the three months ended March 31, 2026, or the nine months ended Sept. 30, 2026. The company will also not be required to file any interim financial statements and associated MD&A for any subsequent quarters for the periods ended March 31 and September 30 in each fiscal year, subject to continuing availability of and compliance with CBO 51-933.