Sparta(TM) Bolsters its TruckSuite(TM) and Sparta Health Group(TM) Divisions by Signing an MOU to Acquire Position in USA Based WorkPlace Pathogen Protection Company, SBL
Toronto, Ontario--(Newsfile Corp. - June 15, 2021) - Sparta Group (TSXV: SAY) (the "Corporation" the "Company", "Sparta Group", "Sparta Capital", "SAY.V" or "Sparta") has signed a non-binding Memorandum of Understanding ("MOU") with Austin, Texas based SBL Testing Technologies USA Inc. ("SBL USA") to acquire a minority position in SBL USA.
- Toronto, Ontario--(Newsfile Corp. - June 15, 2021) - Sparta Group (TSXV: SAY) (the "Corporation" the "Company", "Sparta Group", "Sparta Capital", "SAY.V" or "Sparta") has signed a non-binding Memorandum of Understanding ("MOU") with Austin, Texas based SBL Testing Technologies USA Inc. ("SBL USA") to acquire a minority position in SBL USA.
- The agreement between Sparta and SBL will also involve a line of soon-to-be introduced saliva-based point-of-use rapid-tests for COVID-19 screening.
- As part of the arrangement, Sparta has committed to assisting SBL in its efforts to secure initial rounds of business development funding.
- Sparta also has an option to expand its position based on certain milestones being achieved.