SOURCE: Spartan Gold Ltd

December 02, 2010 11:26 ET

Spartan Gold Limited Announces New Stock Symbol "SPAG" Effective at Open December 3, 2010

SCOTTSDALE, AZ--(Marketwire - December 2, 2010) - Spartan Gold Ltd. (OTCBB: PWGAD), a junior gold exploration and mining Company, announced today that it has received notification and confirmation from FINRA that it has been issued a new stock symbol for its shares listed on the Over The Counter Bulletin Board ("OTCBB"). This symbol change will take effect at the open of business December 3rd, 2010. The Company's shares will trade under the symbol "SPAG" replacing its current symbol of "PWGAD."

In other news today, the company announced the Launch of its Corporate Website. The Company is pleased to announce the launch of its new corporate website which can be found at: www.spartangoldltd.com. The Company will utilize its website as an effective way to educate the public about the Company and update shareholders concerning corporate events and press releases.

About Spartan Gold Limited:

Spartan Gold Ltd. is a junior gold exploration and mining company with gold exploration and development activity centered in the northeast region of Alabama.  The company is currently exploring additional acquisition opportunites. For more information please visit the company's website at www.spartangoldltd.com.

Spartan's commitment to asset growth and increased shareholder value will be sustained by the development of highly prospective projects, accelerated exploration activities and the acquisition of viable resources. Spartan is selecting international board of directors experienced in undertaking exploration, development and funding of numerous energy and minerals projects in developed and developing countries.

Forward-Looking Statements: Except for statements of historical fact, this news release contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products. Such forward-looking statements are based on present circumstances and on Spartan Gold Ltd. predictions with respect to events that have not occurred, that may not occur, or that may occur with different consequences and timing than those now assumed or anticipated. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, changes in metal prices, the ability to successfully fund any exploration activities, consumer and business consumption habits, the ability to fund operations and other factors over which Spartan Gold Ltd. has little or no control. Such forward-looking statements are made only as of the date of this release, and Spartan Gold Ltd. assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking statements. Risks, uncertainties and other factors are discussed in Spartan Gold Ltd. Form 10-K for its fiscal year ended December 31, and other documents filed from time to time by Spartan Gold Ltd. with the Securities and Exchange Commission.

For more information:

See our website www.spartangoldltd.com

Contact Information

  • Please contact:

    Investor Relations
    Mr. Seth Shaw
    Tel: 917-796-9926
    Email: Email Contact