6-K
Sprott Inc. (SII)
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM 6-K
Reportof Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
| For the month of | January | 2022 |
|---|---|---|
| Commission File Number | 001-39298 | |
| Sprott Inc. | ||
| --- | ||
| (Translation of registrant’s name into English) | ||
| Suite 2600, 200 Bay Street<br><br> <br>Royal Bank Plaza, South Tower<br><br> <br>Toronto, Ontario, Canada M5J 2J1 | ||
| (Address of principal executive offices) |
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
| Form 20-F | ¨ | Form 40-F | x |
|---|
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
DOCUMENTS INCLUDED AS PART OF THIS REPORT
| Exhibit | |
|---|---|
| 99.1 | Press Release dated January 27, 2022 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Sprott Inc. | ||||
|---|---|---|---|---|
| (Registrant) | ||||
| Date: | January 27, 2022 | By: | /s/ Kevin Hibbert | |
| Name: | Kevin Hibbert | |||
| Title: | Senior Managing Director and Chief Financial Officer |
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Exhibit 99.1
Sprott Private Resource Streaming and RoyaltyFund Completes Final Closing
TORONTO, January 27, 2022 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX:SII) today announced that the Sprott Private Resource Streaming and Royalty Fund (the “Fund”) has completed its final closing, raising U.S.$701 million, including syndication capital raised from a large institutional asset manager, that was added to Sprott’s assets under management. Sprott Resource Streaming and Royalty Corp. is the general partner of the Fund.
“We are pleased with the successful closing of our streaming and royalty fund,” said Michael Harrison, Managing Partner of Sprott Resource Streaming and Royalty Corp. “The global market for metals is growing and we are well positioned to provide financing to miners to acquire and bring projects into production to meet increased metal demand. We have deployed more than U.S.$145 million through eight separate transactions partnering with developers and producers, and have a strong pipeline of opportunities.”
“We appreciate the support from our limited partners who have entrusted us to provide them with diversified long duration exposure to commodity prices and production levels across precious and base metals with a focus on materials required for energy transition,” said Caroline Donally, Managing Partner of Sprott Resource Streaming and Royalty Corp. “Limited partners in the Fund include large public pension plans, foundations and family offices.”
About Sprott
Sprott is a global leader in precious metal and real asset investments. With offices in Toronto, New York, and London, Sprott is dedicated to providing investors with specialized investment strategies that include Exchange Listed Products, Managed Equities, Lending, and Brokerage. Sprott’s common shares are listed on the New York Stock Exchange under the symbol (NYSE:SII) and on the Toronto Stock Exchange under the symbol (TSX:SII). For more information, please visit www.sprott.com.
Sprott Private Resource Streaming and Royalty
The Fund provides structured financing solutions to mining companies. In return for an up-front payment, royalties and streams share in a project’s longer term metal production that aligns financing with the production schedule. The Fund evaluates investment opportunities globally across a diversified set of commodities.
Investor contact information:
Sprott Inc.
Glen Williams
Managing Director
Investor and Institutional Client Relations;
Head of Corporate Communications
(416) 943-4394
gwilliams@sprott.com