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SPARTA FOODS ANNOUNCES AMENDMENT TO REGISTRATION STATEMENT

 SPARTA FOODS ANNOUNCES AMENDMENT TO REGISTRATION STATEMENT
 ST. PAUL, Minn., Oct. 6 /PRNewswire/ -- Nicholas G. Grammas, president of Sparta Foods, Inc. (Sparta) announced that the Securities and Exchange Commission has declared the Post Effective Amendment to Sparta's Registration Statement effective on Oct. 6, 1992. The amendment relates to the offering of 682,021 shares of common stock purchasable under outstanding warrants each of which permits the holder to acquire three-fourths of one share of common stock.
 Grammas stated that until Nov. 5, 1992, the holders of the warrants will be able to purchase shares at a price of $1.00 per share. From Nov. 6, 1992 until Nov. 22, 1992, when the warrants expire, the exercise price will revert to the original price of $1.50 per share.
 Sparta is engaged in the manufacture, marketing and distribution of Mexican style food products for resale through supermarkets and other retail food outlets and to the food service industry under the trade names La Canasta, Chapala, Cruz, San Pablo and Deli Style. Sparta also manufactures the Ken Davis brand barbecue sauces.
 -0- 10/06/92
 /CONTACT: Nicholas G. Grammas, Sparta Foods, 612-646-1888/ CO: Sparta Foods, Inc. ST: Minnesota IN: FOD SU:


KH -- MN010 -- 7274 10/06/92 17:40 EDT
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Publication:PR Newswire
Date:Oct 6, 1992
Words:208
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