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Sprott Announces Date for 2025 Fourth Quarter Results Webcast
Globenewswire· 2026-02-13 12:00
TORONTO, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE:SII) (TSX:SII) (“Sprott”) announced today that it plans to release its 2026 fourth quarter results at 7:00 a.m. on February 19, 2026. Sprott will host an earnings webcast that morning at 10:00 a.m. to discuss the results. Sprott CEO, Whitney George, together with Sprott CFO and Co-COO, Kevin Hibbert and Sprott Asset Management CEO, John Ciampaglia, will host the webcast, which can be accessed as outlined below. Webcast Details Date:February 19, 20 ...
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
Core Viewpoint - Chesapeake Gold Corp. has successfully completed a bought deal public offering, raising a total of $17,250,345 through the sale of 4,107,225 units at a price of $4.20 per unit, including the full exercise of the over-allotment option [1][6]. Group 1: Offering Details - Each unit consists of one common share and one-half of a common share purchase warrant, with each full warrant allowing the purchase of one common share at a price of $5.65 until January 27, 2029 [2]. - The offering was led by Red Cloud Securities Inc. and included a cash commission of $993,126.37 paid to the underwriters, along with the issuance of 236,458 compensation warrants [3]. - The offering was completed under a prospectus supplement dated January 14, 2026, and was filed with securities regulatory authorities in Canada and the United States [4]. Group 2: Related Party Transactions - Insiders of the company purchased a total of 39,931 units, which is classified as a related party transaction under TSX-V Policy 5.9 and MI 61-101 [5]. - The company relied on exemptions from formal valuation and minority shareholder approval requirements, as the transaction did not exceed 25% of the company's market capitalization [5]. Group 3: Non-Brokered Private Placement - The company completed a non-brokered private placement with 2176423 Ontario Ltd., raising gross proceeds of $2,877,000 through the sale of 685,000 units at the same price of $4.20 per unit [6]. - The total gross proceeds from both offerings amounted to $20,127,345 [6]. Group 4: Use of Proceeds - The net proceeds from the offerings are intended to advance the company's proprietary oxidative leach technology, the Metates project, the Lucy project, and for general working capital [9]. Group 5: Company Overview - Chesapeake Gold Corp.'s flagship asset is the Metates Project in Durango State, Mexico, which hosts one of the largest undeveloped gold-silver deposits in the Americas, with over 16.77 million ounces of gold and 423.2 million ounces of silver in the Measured and Indicated Mineral Resource category [12].
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
Core Viewpoint - Sprott Asset Management has announced an update to its at-the-market equity program to issue up to U.S.$1.0 billion of units of the Sprott Physical Uranium Trust in Canada [1] Group 1: ATM Program Details - The distributions under the ATM Program will follow an amended sales agreement dated December 6, 2024, involving Sprott Asset Management and several agents including Cantor Fitzgerald Canada Corporation, Virtu Canada Corp., BMO Nesbitt Burns Inc., and Canaccord Genuity Corp [2] - Sales of units will occur through "at-the-market" issuances on the Toronto Stock Exchange or other trading markets in Canada at prevailing market prices, which may vary [3] - The volume and timing of distributions will be determined at the Trust's discretion, with proceeds intended for acquiring physical uranium [4] Group 2: Offering Documents - The offering is made pursuant to a prospectus supplement dated January 26, 2026, to the Trust's Canadian short form base shelf prospectus dated January 22, 2026 [5] - The Offering Documents are accessible on the SEDAR+ website maintained by the Canadian Securities Administrators [5] Group 3: Company Overview - Sprott Asset Management is a wholly-owned subsidiary of Sprott and serves as the investment manager for the Trust, specializing in precious metals and critical materials investments [8] - Sprott operates globally with offices in Toronto, New York, Connecticut, and California, and its common shares are listed on the New York Stock Exchange and the TSX under the symbol "SII" [8]
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
Group 1: Market Overview - Sprott is evaluating structural changes in the commodities market following a strong year for gold and silver, indicating that commodities are becoming a core allocation influenced by politics and policy [1] - The report outlines three dominant themes: accelerating deglobalization, the rise of the debasement trade, and the continuation of a gold and silver bull market [2] Group 2: Deglobalization and Strategic Assets - Deglobalization is now a reality, with governments prioritizing sovereignty and supply security over cost minimization, placing commodities at the center of this trend [3] - Critical minerals and precious metals are being reclassified as strategic assets, leading to fragmented markets and regional shortages [4] Group 3: Inflationary Trends - The trend towards nearshoring and domestic production is inflationary, causing gold to regain its relevance as a reserve asset in a multipolar world, while silver benefits as both a store of value and an industrial input [5] Group 4: The Debt Conundrum - The debasement trade reflects a long-term shift from fiat currencies to tangible assets due to chronic government deficits that central banks must accommodate [6][7] - By 2025, U.S. public debt is projected to exceed $38 trillion, with little political appetite for austerity, complicating monetary policy independence [8] Group 5: Precious Metals Market - Gold is viewed as underowned despite its recent rally, with significant buying from central banks, particularly China, suggesting continued upside potential into 2026 [11] - Silver's role has evolved from a monetary asset to a critical industrial commodity, facing persistent supply deficits due to its production dynamics [12] Group 6: Emerging Opportunities - Uranium is identified as a cornerstone of energy security, supported by government funding for nuclear power and increasing demand driven by AI [14] - Copper is facing supply shortages due to electrification and grid expansions, while rare earths are seen as strategic bottlenecks influenced by geopolitics [15]
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].