Mr. Tony Peticca reports

SPARTA CAPITAL ANNOUNCES ISSUANCE OF CEASE TRADE ORDER

Sparta Capital Ltd. is under a failure-to-file cease trade order (FFCTO) issued by the Alberta Securities Commission (ASC) because the company was unable to file its annual financial statements for the year ended Sept. 30, 2024, including the related management's discussion and analysis as well as certifications from the chief executive officer and chief financial officer, in time to meet the Jan. 29, 2025, filing deadline.

The FFCTO restricts all trading in securities of the company and is in effect until the principal regulator receives notice that all filings the issuer was required to make have been filed. The company expects to file the annual filings before the second quarter of 2025.

Sparta management has indicated that the delay in filing the annual filings is related to an overload of primary work for both Sparta and its auditor. The company is working diligently with its audit team to complete the required work to finalize and file the annual filings, which will allow for the lifting of the FFCTO.

Until the annual filings are filed, the company intends to satisfy the provisions of the alternative information guidelines set out in National Policy 12-203 -- Cease Trade Orders.

About Sparta Capital Ltd.

Sparta Capital is a technology-based company focused on integrating emerging technologies. It operates with a decentralized business model, with each active business functioning as a separate subsidiary. Sparta's business entities fall into three different divisions:

1. Environment -- ERS International is a waste management operation with its state-of-the-art, proprietary e-waste processing technologies. ERS is dedicated to continuous innovation, as well as increased sustainability and security for both the company and its customers. It offers a unique carbon credit program and has attracted significant attention from companies that deal with big data and the need to reduce their carbon footprints. ERS has operations in Canada, the Middle East and South America.
2. Health -- Sparta Health Corp. is a vertical harnessing the power of artificial intelligence (AI), machine learning (ML) and augmented reality (AR) to develop technologies that enhance personalized patient care and improve treatment outcomes.
3. Transportation -- TruckSuite is a comprehensive suite of products and services designed to keep trucks operational and drivers competitive. TruckSuite believes its offerings can play a pivotal role in enhancing the logistics and transportation industry.

We seek Safe Harbor.