Sprott Stock Price, News & Analysis

Sprott Inc. (NYSE/TSX: SII) announced the results of its Annual and Special Meeting held on May 6, 2022. All resolutions outlined in the Management Information Circular from March 22, 2022, were unanimously approved by shareholders. Among significant resolutions, all seven director nominees were elected with high approval percentages, ranging from 97.038% to 99.568%. Additionally, KPMG LLP was re-appointed as the company's auditor with 99.226% votes in favor. An amendment to By-Law No. 1 was also approved. Detailed voting results will be available on SEDAR.

Sprott Inc. (SII) declared a Q1 2022 dividend of US$0.25 per common share, scheduled for payment on May 31, 2022. Shareholders of record by May 16, 2022 will receive dividends in their currency of residence: Canadian dollars for domestic shareholders and U.S. dollars for international ones. Beneficial holders can opt to change their dividend currency through their brokers. This dividend is classified as an eligible dividend for Canadian tax purposes, reflecting Sprott's commitment to returning value to investors.

Sprott Inc. (NYSE:SII) will host a conference call on May 6, 2022, at 10:00 a.m. ET to discuss its Q1 2022 results. Financial results will be released at 7:00 a.m. ET the same day. Participants can join by dialing (855) 458-4215 with conference ID 54907466. A replay will be available until May 13, 2022, at (855) 859-2056. The call will also be webcast live on Sprott's website. Sprott specializes in precious metal and real asset investments, with offices in Toronto, New York, and London.

Sprott Inc. and Sprott Funds Trust announced today the acquisition of assets related to the North Shore Global Uranium Mining ETF (URNM). This acquisition transitions URNM to Sprott's management, with assets now totaling approximately $4.5 billion in uranium-related investments. The reorganization reflects increasing investor interest in uranium amid energy transition efforts. John Ciampaglia, CEO of Sprott Asset Management, noted the importance of uranium for clean energy and positioned URNM as a vital investment opportunity.

Sprott Inc. (SII) announced its financial results for 2021, reporting a 23% increase in net income to $33.2 million ($1.33 per share) and an adjusted base EBITDA of $64.1 million ($2.58 per share), up 45% from 2020. The company's Assets Under Management (AUM) reached $20.4 billion, a growth of 18%. Significant drivers included a strong performance in the Exchange Listed Products segment, which saw net sales of $3.1 billion. In addition, Sprott launched the Physical Uranium Trust, positioning itself as a leader in uranium investments, as demand rises for low-carbon energy alternatives.

Sprott Inc. (NYSE/TSX: SII) has declared a fourth quarter 2021 dividend of US$0.25 per common share, payable on March 22, 2022. Shareholders on record by the close of business on March 7, 2022 will receive the dividend. Canadian residents will receive their dividends in Canadian dollars based on the spot exchange rate, while U.S. residents will get it in U.S. dollars. This dividend is designated as an eligible dividend for Canadian income tax purposes, affirming Sprott's commitment to returning value to its shareholders.

Sprott Inc. (NYSE:SII) will hold a conference call on February 25, 2022, at 10:00 a.m. ET to discuss its annual results for 2021. Financial results will be released at 7:00 a.m. ET the same day. Participants can join the call by dialing (855) 458-4215 and providing conference ID 6792729. A replay will be available until March 4, 2022. Sprott is a leader in precious metals and real assets investments, offering various specialized investment strategies. For more details, visit www.sprott.com.