Spartan Delta Corp. — Capital/Financing Update 2021

Mar 4, 2021

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RECEIPT

SPARTAN DELTA CORP.

This is the receipt of the Alberta Securities Commission for the Short Form Prospectus of the above Issuer dated March 3, 2021 (the prospectus).

This receipt also evidences that the Ontario Securities Commission has issued a receipt for the prospectus.

The prospectus has been filed under Multilateral Instrument 11-102 Passport System in British Columbia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Nova Scotia and Newfoundland and Labrador. A receipt for the prospectus is deemed to be issued by the regulator in each of those jurisdictions, if the conditions of the Instrument have been satisfied.

March 3, 2021

"Anthony Potter" Anthony Potter

Manager, Corporate Disclosure & Financial Analysis

SEDAR Project #03174176

SUITE 600, 250 - 5TH STREET S.W., CALGARY, ALBERTA, CANADA T2P 0R4 TEL: 403.297.6454 FAX: 403.297.6156 www.albertasecurities.com