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Sparta Appoints Mr. Matthew Domanowski to Technical Advisory Board

Wednesday, 15 January 2020 12:00 PM

Sparta Capital Ltd.

Not for distribution to U.S. Newswire Services or for dissemination in the United States of America. Any failure to comply with this restriction may constitute a violation of U.S. Securities laws.

CALGARY, AB / ACCESSWIRE / January 15, 2020 / Sparta Capital Ltd. (TSXV:SAY) (the "Corporation", "Sparta Group" or "Sparta") is pleased to announce the appointment of Mr. Matthew Domanowski to its Technical Advisory Board.

With vast experience in the field of custom application and data-base development, Mr. Domanowski and his team have successfully bridged various complex applications and software platforms utilizing commercially available and custom software solutions. This includes such recognizable platforms as SAP, AS400, Java and Cloud Computing, as well as a number of other more custom platforms such as Insteon, Arduino, Raspberry Pie, Flutter/Dart and BabelPart. Sparta expects to take full advantage of his strong technical and analytical skills and appreciates his attention to data integrity practices. Mr. Domanowksi has agreed to head up the development of a greenhouse gas ("GHG") tracking solution that will be used to monitor and calculate (in real time), the diversion and sequestering of GHG emissions related to Sparta solutions.

While the Sparta team knows that being able to quantify the results of each vertical is key, they are also excited about the opportunity to monetize the results as carbon trading markets continue to emerge around the globe.

According to Climate Policy Info Hub, a European web hub focused on climate study and policies, globally 39 national and 23 sub-national jurisdictions have implemented or are scheduled to implement carbon pricing instruments, including emissions trading systems.

"I am a parent of a 9-year-old daughter who has a lot of living ahead of her, so it's great to be associated with a team of professionals that are so passionate about doing the right thing for the environment," said Mr. Domanowski. "Furthermore, Sparta recognizes that it is the application of technology that will make a big difference and are willing to reward those who can offer their technical intellect to help make that difference" he went on to say.

Matthew Domanowski has a B.Sc. in Computer Science from Canisius College in Buffalo, New York; however his interest in all things technical goes back to his childhood. In fact, he was accepted into New York's Hilbert College's Summer Computer Programming Course at the tender age of 10.

"Through the application of cumulative algorithms for the various divisions, it's been estimated that we've already been able to divert or sequester more than 100,000 tonnes of GHG with much more to come. So, having someone with Matt's enthusiasm, talent, and experience is an important addition to the team," said Sparta President, John O'Bireck.

Mr. Domanowksi's appointment takes effect immediately.

About Sparta

Sparta Capital Ltd. is a company that owns or holds a controlling interest in a network of independent businesses that supply energy saving technologies designed to reduce energy inefficiencies, achieve reduced emissions and increase operating efficiencies in various industries. Sparta's network of independent businesses provides a wide range of specialized energy capturing, converting, optimizing, and related services to the commercial sector. Sparta provides capital, technical and engineering expertise, legal support, financial and accounting knowledge, strategic planning and other shared services to its independent businesses. Sparta is a publicly-traded company listed on the TSX Venture Exchange under the symbol "SAY" Additional information is available on our website at www.spartagroup.ca or on SEDAR at www.sedar.com

For more information contact:

John O'Bireck, President
Email: [email protected]
Telephone: (905) 751-8004

Cautionary Statements:

This above may contain "forward-looking information" within the meaning of applicable securities laws. When used in this address, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although the Corporation believes in light of the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable, readers are cautioned to not place undue reliance on forward-looking information because the Corporation can give no assurance that they will prove to be correct. Forward-looking statements are made based on management's beliefs, estimates and opinions on the date of publication of this information and the Corporation undertakes no obligation to update such forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Furthermore, the Corporation undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of the Corporation. All forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release).

SOURCE: Sparta Capital Ltd.

Topic:
Company Update
Management Changes
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