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Sprott Silver Miners & Physical Silver ETF Surpasses $1 Billion in Assets in Just Over a Year
Globenewswire· 2026-01-28 13:00
Only1 U.S.-Listed ETF Providing Pure-Play2 Exposure to Silver Miners and Physical Silver NEW YORK, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Sprott Asset Management USA, Inc. today announced that the Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) (the “ETF” or “SLVR”) reached $1 billion (USD) in assets under management on January 23, 2026, just over a year following its launch on January 14, 2025. SLVR is the only1 ETF focused on providing pure-play2 exposure to silver miners and physical silver, a preci ...
Chesapeake Gold Announces Closing of $17.2 Million Bought Deal Public Offering (Over-Allotment Option Exercised in Full) and $2.8 Million Non-Brokered Private Placement with Participation by Eric Sprott
TMX Newsfile· 2026-01-27 19:56
Vancouver, British Columbia--(Newsfile Corp. - January 27, 2026) - Chesapeake Gold Corp. (TSXV: CKG) ("Chesapeake" or the "Company") is pleased to announce that it has closed its previously announced bought deal public offering (the "Brokered Offering") of 4,107,225 units of the Company (the "Units") at a price of $4.20 per Unit (the "Issue Price") for aggregate gross proceeds of $17,250,345, which includes the full exercise of the over-allotment option. Each Unit consists of one common share of the Compan ...
Gold price surges beyond $5,100 for new record
MINING.COM· 2026-01-26 17:18
Core Insights - Gold prices have surged to a record high of over $5,100 per ounce, driven by heightened global tensions and increased demand for safe-haven assets [1][10] - The rise in gold prices reflects a broader trend of investors moving away from currencies and Treasuries due to concerns over debt levels in advanced economies [2][3] - Analysts predict further increases in gold prices, with forecasts ranging from $5,400 to $6,000 per ounce by year-end, indicating strong market confidence [8][9] Market Performance - Gold has outperformed the S&P 500 since the turn of the century, highlighting its role as a long-term store of value [4] - The precious metals market has seen significant gains, with gold rising 15% so far this year and silver reaching a new peak of $113.60 per ounce [1][8] Investor Behavior - There is a notable shift among long-term investors, particularly family offices, focusing on generational wealth protection through gold investments [3] - A wave of new first-time investors, particularly from Asia and Europe, is contributing to the demand for precious metals [10] Geopolitical Factors - Geopolitical tensions, including U.S. foreign policy actions, have intensified market fears, further driving investment into gold [7][10] - Central banks are actively buying gold to diversify their foreign exchange reserves and reduce reliance on the U.S. dollar, supporting ongoing price increases [10]
Sprott Physical Uranium Trust Updates Its “At-the-Market” Equity Program
Globenewswire· 2026-01-26 14:46
TORONTO, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott Asset Management”), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Uranium Trust (TSX: U.UN) (TSX: U.U) (the “Trust”), a non-redeemable investment fund created to invest and hold substantially all of its assets in physical uranium, today announced that it has updated its at-the-market equity program to issue up to U.S.$1.0 billion of units of the Trust (“Units”) in Canada. Distributions under the at-the-market equi ...
Gold Boom Isn’t Done — And The Uranium Era Is Beginning: Sprott - Gold.com (NYSE:GOLD)
Benzinga· 2026-01-21 19:57
Commodities asset manager Sprott (NYSE:SII) , known for treating precious metals as a macro signal, is evaluating the market’s structural change following one of the strongest years on record for gold and silver.The commodity sector, in its view, is no longer a trade—it's becoming a core allocation shaped by politics, policy, and power.That framework is laid out in Sprott’s Top 10 Themes for 2026 report, which walks investors through a map of a fractured global system. Three ideas dominate the narrative: ac ...
The Gold Boom Isn't Done — And The Uranium Era Is Beginning: Sprott's 2026 Playbook
Benzinga· 2026-01-21 19:57
Commodities asset manager Sprott (NYSE:SII) , known for treating precious metals as a macro signal, is evaluating the market’s structural change following one of the strongest years on record for gold and silver.The commodity sector, in its view, is no longer a trade—it's becoming a core allocation shaped by politics, policy, and power.That framework is laid out in Sprott’s Top 10 Themes for 2026 report, which walks investors through a map of a fractured global system. Three ideas dominate the narrative: ac ...
Eric Sprott Announces Changes to His Holdings in Max Power Mining Corp
TMX Newsfile· 2026-01-16 23:17
Core Viewpoint - Eric Sprott, through 2176423 Ontario Ltd., has acquired 600,500 common shares of Max Power Mining Corp., increasing his total ownership to approximately 9.8% of the outstanding shares on a non-diluted basis [1][2]. Group 1: Acquisition Details - The shares were purchased at a price of $0.8205 per share, totaling an aggregate consideration of $492,710.25 [1]. - Prior to this acquisition, Mr. Sprott owned 10,369,318 shares and 10,369,318 warrants, representing approximately 9.3% of the outstanding shares on a non-diluted basis [2]. - After the acquisition, Mr. Sprott's total holdings increased to 10,969,818 shares and 10,369,318 warrants, representing approximately 9.8% on a non-diluted basis and 17.5% on a partially-diluted basis [2]. Group 2: Investment Intentions - The shares were acquired for investment purposes, with a long-term view on the investment [3]. - Mr. Sprott may consider acquiring additional securities or selling existing ones depending on market conditions and other relevant factors [3].
Chesapeake Gold Announces Upsize of Previously Announced Bought Deal Public Offering to $15 Million and Non-Brokered Private Placement With Participation by Eric Sprott
Accessnewswire· 2026-01-12 20:33
Core Viewpoint - Chesapeake Gold Corp. has increased its public offering due to significant investor demand, raising the amount from $10,000,002.60 to $15,000,300 [1] Group 1: Offering Details - The upsized Underwritten Offering will involve the Underwriters purchasing 3,571,500 units at a price of $4.20 per Unit [1]
Silver Stackers Aim to ‘Screw the Bankers’
Daily Reckoning· 2026-01-09 23:00
Core Viewpoint - The article discusses the potential for a silver short squeeze driven by major U.S. banks' short positions in silver futures, particularly focusing on the implications of margin calls and the disparity between paper silver contracts and physical silver availability [1][3][17]. Group 1: Market Dynamics - Major American banks, including JPMorgan, hold significant short positions in silver futures, with JPMorgan allegedly covering over 5,900 metric tons (approximately 190 million ounces) of silver that may not exist in physical form [2]. - The concentration of short positions among a few banks raises concerns about market manipulation and the potential for a short squeeze, especially given projected supply deficits of 95-200 million ounces for 2026 [3][7]. - Recent margin hikes on COMEX have strained liquidity, prompting Federal Reserve interventions, including $17 billion in emergency cash to a bank and unlimited repo operations [3]. Group 2: Price Projections - If a severe short squeeze occurs, silver prices could potentially rise to as high as $200 per ounce, driven by the need for banks to cover their shorts amid rising prices [4][17]. - Current silver prices are around $81 per ounce as of January 6, 2026, indicating a significant potential for price volatility [3][18]. Group 3: Paper Silver Issues - The article highlights the "paper silver" problem, where for every ounce of deliverable physical silver, up to 300 ounces of paper contracts are traded, creating a significant mismatch between supply and demand [12][17]. - Historical experiences indicate that bullion banks have manipulated the market by delaying physical deliveries, which could lead to a similar situation in the future as demand for physical silver increases [16][17]. Group 4: Market Sentiment - There is a strong narrative among investors that banks are manipulating silver prices to keep them low, which has led to increased interest in stacking silver bullion to create a short squeeze [7][9]. - The perception of collusion between banks and governments to suppress silver prices is powerful and influences investor behavior [8][9].
RETRANSMISSION: Blackrock Silver Closes C$15 Million Private Placement Led By a C$7 Million Investment from Eric Sprott
TMX Newsfile· 2026-01-09 11:00
Core Viewpoint - Blackrock Silver Corp. has successfully completed a non-brokered private placement, raising gross proceeds of C$14,999,930 to strengthen its balance sheet and advance the Tonopah West project towards development [1][2]. Financing Details - The private placement involved the issuance of 13,636,300 units at a price of C$1.10 per unit, with each unit consisting of one common share and one-half of a common share purchase warrant [1]. - Eric Sprott, through 2176423 Ontario Ltd., purchased C$6,999,960 worth of the offering, marking significant support from a cornerstone investor [1][2]. - The net proceeds will be allocated for exploration, permitting, and pre-development activities on the Tonopah West project, as well as for general working capital [2]. Finder's Fees and Related Transactions - The company paid finder’s fees totaling C$689,997 to Research Capital Corporation and issued 627,270 non-transferable finder's warrants, each allowing the purchase of one common share at an exercise price of C$1.50 until January 8, 2028 [3]. - The participation of Eric Sprott in the offering is classified as a "related party transaction," and the company has relied on exemptions from formal valuation and minority shareholder approval requirements [4]. Securities and Hold Period - The common shares, warrants, and finder's warrants issued are subject to a hold period expiring on May 9, 2026 [5]. Company Overview - Blackrock Silver Corp. is focused on the exploration and development of precious metals, particularly silver, with a portfolio of properties in Nevada [7].