Sparx Technology Inc. announces it will not proceed to combine with Railtown Capital Corp. The board of directors of Sparx Technology Inc. confirmed today the company will not proceed with a reverse takeover of Railtown Capital Corp. . The company is actively exploring other financing options to provide growth capital and strategic opportunities. “Sparx continues to be very encouraged by the significant opportunities in our space in a number of exciting verticals. Notably the imminent changes in … The board of directors of Sparx Technology Inc. confirmed today the company will not proceed with a reverse takeover of Railtown Capital Corp. (TSXV: RLT.P). The company is actively exploring other financing options to provide growth capital and strategic opportunities.