TORONTO, ON / ACCESSWIRE / October 23, 2023 / Sparta Group (TSXV:SAY)(OTC PINK:SCAXF) (the "Corporation", the "Company", "Sparta Group", "Sparta Capital", "SAY.V" or "Sparta), has sadly confirmed the passing of the Company's President and Chief Technology Officer, John O'Bireck following an intense but quick battle with pancreatic cancer.

Sparta staff, partners, members of the Company's Technical Advisory Board and the Board of Directors are grieving the loss of the man they knew as a dedicated leader and friend. They all extend heartfelt condolences to John's wife Karen, his daughters, and two grandchildren. John was 65 years old.

John was passionate about his work and his workforce, leading with an inclusive approach that fostered strong collaboration and a "can do" attitude throughout Sparta's various divisions. He will be forever remembered by his staff and business associates for his open-door policy, generosity, and warm heartedness. John was often described as having an inquisitive mind and therefore a wide base of knowledge; however, it was his discoveries about the environment and human health that ignited his desire to try to better the world with the right technologies.

John O'Bireck was a Control Systems Engineering graduate from Toronto Metropolitan University. His journey with Sparta began in 2013 as a Director, but in 2017 he took over as Sparta President and Chief Technology Officer, guiding the company through the development and growth of several divisions focused on environmental technology, as well as the recent establishment of a health corporation that falls under the Sparta banner. Prior to Sparta, John used his vast experience in production and marketing of technology driven products and services to help build several different companies from inception to the point of acquisition. In the process, he was able to bring a wide range of products to market. Over his long career, John occupied the position of Vice President of Sales, President, Director, as well as Vice President of Advanced Product Development at various public and private companies.

"We will all miss John more than words can express, and we are lucky to have worked for such a smart and insightful leader. He had a knack for bringing the right people together, and so he built a strong team at Sparta. Today, we stand together to honor him by carrying his vision for a better world forward," said Peter Quattrociocchi, Sparta CEO.

About Sparta™

Sparta Group is leading a green revolution in the business world with advanced technologies that reduce carbon footprint, save money, and enhance public image. Sparta products solve problems by leveraging Web 3 technologies, such as artificial intelligence, blockchain and machine learning to fast-track the transition towards a sustainable future. With Sparta, businesses can optimize their energy usage, upcycle electronic waste and accelerate health technologies, including autonomous medicine. Sparta's symbiotically structured divisions - Environment, Innovation and Energy - enable the Company to deliver customized solutions that fit the specific needs of each client. Sparta takes pride in being the first North American company to provide verified high-quality carbon credits to customers through electronic waste processing. Sparta's state-of-the-art facilities in Toronto, Canada, and Oman (Arabian Peninsula) ensure that the Company is at the forefront of reducing the impact of e-waste on our environment.

Join the movement towards a more sustainable future with Sparta Group, where advanced technology meets eco-consciousness.

Sparta is a publicly traded company listed on the TSX Venture Exchange under the ticker symbol "SAY" (TSX.V:SAY) and (OTC PINK:SCAXF). Additional information is available at www.spartagroup.ca or on SEDAR at www.sedar.com.

For further information please contact:

Peter Quattrociocchi, Sparta CEO
pquattro@bellnet.ca
416-725-2261

Cautionary Statements:

This news release contains "forward-looking information" within the meaning of applicable securities laws. When used in this news release, 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 news release 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. In particular, this news release contains forward-looking statements relating to, among other things, statements pertaining to the "Offering" and actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the failure to obtain necessary regulatory approvals, necessary financing and risks associated with the environmental technologies industry in general. 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 Group