File: Attachment Sparx - New AGSM Date.pdf

SPARX TECHNOLOGY INC.

1500 West Georgia Street, Suite 1300 Vancouver, BC V6G 2Z6

Telephone: (403) 471-3503

SPARX SETS NEW MEETING DATE

Vancouver, BC, Canada, May 2, 2024 Sparx Technology Inc. (TSXV: SPRX) ("Sparx" or the "Company") announces that, further to its news release dated April 1, 2024, the Company has amended its Annual General and Special Meeting ("AGSM") date, which will now be held in Vancouver, BC on May 31, 2024 at 10:00 am (Vancouver time). In addition to the standard items of business at general meetings, shareholders will be asked to approve resolutions for the Company to proceed with the transactions contemplated in the April 1, 2024 news release.

Full details on the AGSM will be contained in the Management Information Circular prepared for the meeting, which will be mailed to the Company's shareholders and available for review under the Company's profile at www.sedarplus.ca.

On behalf of the Board Al Thorgeirson CEO and President

For further information, please contact: Al Thorgeirson CEO and President (403) 471-3503 al@sparxtechnology.com Investor relations: investor@sparxtechnology.com

ABOUT SPARX:

Sparx is a publicly traded company currently undergoing a reorganization and once completed, will focus on identifying new opportunities.

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.

Forward-Looking Statements

Statements included in this news release, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature, are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be, but are not always, identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward- looking statements , are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. There can be no assurance that any forward-looking statement will prove to be accurate or that management's assumptions underlying such statements or future developments, circumstances or results will materialize. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake to update or revise any forward-looking information included herein, except in accordance with applicable securities laws.

File: '\\swfile\EmailIn\20240502 170857 Attachment Sparx - New AGSM Date.docx'

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SPARX TECHNOLOGY INC.

1500 West Georgia Street, Suite 1300

Vancouver, BC V6G 2Z6

Telephone: (403) 471-3503

SPARX SETS NEW MEETING DATE

Vancouver, BC, Canada, May 2, 2024 - Sparx Technology Inc. (TSXV: SPRX) ("Sparx" or the "Company") announces that, further to its news release dated April 1, 2024, the Company has amended its Annual General and Special Meeting ("AGSM") date, which will now be held in Vancouver, BC on May 31, 2024 at 10:00 am (Vancouver time). In addition to the standard items of business at general meetings, shareholders will be asked to approve resolutions for the Company to proceed with the transactions contemplated in the April 1, 2024 news release.

Full details on the AGSM will be contained in the Management Information Circular prepared for the meeting, which will be mailed to the Company's shareholders and available for review under the Company's profile at www.sedarplus.ca.

On behalf of the Board

Al Thorgeirson

CEO and President

For further information, please contact:

Al Thorgeirson

CEO and President

(403) 471-3503

al@sparxtechnology.com

Investor relations: investor@sparxtechnology.com

ABOUT SPARX:

Sparx is a publicly traded company currently undergoing a reorganization and once completed, will focus on identifying new opportunities.

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.

Forward-Looking Statements

Statements included in this news release, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature, are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be, but are not always, identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements , are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. There can be no assurance that any forward-looking statement will prove to be accurate or that management's assumptions underlying such statements or future developments, circumstances or results will materialize. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake to update or revise any forward-looking information included herein, except in accordance with applicable securities laws.