Mr. A. Lee Barker reports

SPARTON PROVIDES STATUS UPDATE

Sparton Resources Inc., in compliance with TSX Venture Exchange Policy 3.3, Timely Disclosure, is providing a status update on the temporary suspension (halt) of trading in the securities of the company, placed by CIRO (Canadian Investment Regulatory Organization) on Sept. 1, 2026.

Following the announcement on June 18, 2026, of the Morrison mine option agreement and the subsequent announcement of the Glen Eagle option agreement on Sept. 1, 2026, a temporary halt was requested by the TSX-V on Sept. 1, 2026. Filings related to the Morrison mine option agreement are now on the LINX system and the proposed transaction has been conditionally accepted by the exchange. Resumption of trading remains subject to the filing of a National Instrument 43-101 technical report pursuant to Section 5.6(d)(iii) of Policy 5.3 and satisfactory addressal and resolution of all comments shared by the compliance and disclosure department of the exchange.

An independent NI 43-101 technical report has been commissioned and should be completed and filed shortly.

Sparton Resources president A. Lee Barker commented: "The two Morrison mine transactions provide the company with exposure to silver in an established Canadian silver camp that is active and undergoing a revival. The way that the Morrison mine option deals have been structured, with Sparton retaining operatorship and intending to use its wholly owned drilling company on a program largely funded by Glen Eagle Resources, the company has the potential to generate drilling revenue while advancing exploration on the Morrison mine property. Morrison is a past producer which averaged approximately 29 ounces per ton of silver over its production life (Cunningham, 1980, Ontario Department of Mines assessment files). We look forward to the resumption of trading and the start of an exciting exploration campaign."

Qualified person and cautionary note regarding historical information

Lee Barker, MSc (A), PEng, president and chief executive officer of Sparton, is a qualified person as defined by NI 43-101 and has reviewed and approved the technical information contained in this news release.

The historical grade and mineral occurrence information described above is based on historical records and published sources. Sparton believes this information is relevant and reasonably reliable; however, a qualified person has not completed sufficient work to independently verify all of the historical information through new exploration. The company does not treat the historical information as a current mineral resource or mineral reserve.

About Sparton Resources Inc.

Sparton Resources is a mineral exploration company with critical mineral and gold projects in Ontario and Quebec. The company also holds a strategic investment in a leading vanadium redox flow battery manufacturer.

We seek Safe Harbor.