Feb 9 (Reuters) - Sparta Capital Ltd SAYh.V :
* Signs letter of intent to take over environmental tech company
* Says is positioned to acquire all or a majority ownership in Toronto based,
Supernova Performance Technologies Ltd
* This after signing a non-binding letter of intent, offering to purchase all
or majority of common shares of Supernova
* Says under terms of LOI, Sparta will offer to buy all of the issued and
outstanding common shares of Supernova on a one-for-one basis
* Says this will result in the issuance of up to 9,849,750 Sparta common shares
at a deemed value of $0.05 per common share
* Deal will result in Supernova becoming a wholly owned or majority owned
subsidiary of Sparta
* Source text for Eikon ID:nCCN2lNpZL
* Further company coverage SAYh.V