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Sprott Announces Date for 2025 Second Quarter Results Webcast
Globenewswire· 2025-07-31 12:03
Group 1 - Sprott Inc. plans to release its 2025 second quarter results on August 6, 2025, at 7:00 a.m. ET [1] - An earnings webcast will be held on the same day at 10:00 a.m. ET, hosted by CEO Whitney George, CFO Kevin Hibbert, and CEO of Sprott Asset Management John Ciampaglia [1] - Research analysts covering the company are required to pre-register for the webcast [2] Group 2 - Sprott is a global asset manager specializing in precious metals and critical materials investments [3] - The company employs various investment strategies, including Exchange Listed Products, Managed Equities, and Private Strategies [3] - Sprott operates offices in Toronto, New York, Connecticut, and California, and its shares are listed on both the NYSE and TSX under the symbol SII [3]
Sierra Madre Announces Upsize of Private Placement to $19.5 Million with Investment from Eric Sprott
Newsfile· 2025-07-21 13:26
Core Viewpoint - Sierra Madre Gold and Silver Ltd. is increasing its private placement offering to issue up to 27,858,000 units at a price of $0.70 per unit, aiming for gross proceeds of up to $19,500,600 [1][2]. Group 1: Offering Details - The offering will consist of units, each comprising one common share and half a common share purchase warrant, with warrants allowing the purchase of additional shares at $0.85 for 12 months [3]. - The offering is available to Canadian residents, excluding Quebec, under the Listed Issuer Financing Exemption, with no hold period for Canadian subscribers [4]. - The expected closing date for the offering is around July 24, 2025, pending necessary regulatory approvals [7]. Group 2: Company Background - Sierra Madre Gold and Silver Ltd. focuses on precious metals development and exploration, particularly at the Guitarra mine in Mexico, which has resumed commercial production as of January 2025 [8]. - The Tepic Project, covering over 2,600 hectares, contains low-sulphidation epithermal gold and silver mineralization with an existing historic resource [9]. - The management team has extensive experience in raising capital for mining companies, having collectively raised over $1 billion [9].
Eric Sprott Announces Changes to His Holdings in Silver One Resources Inc.
Newsfile· 2025-07-15 13:10
Core Points - Eric Sprott announced the expiration of 5,555,556 common share purchase warrants of Silver One Resources Inc. on July 14, 2025, resulting in a decrease of approximately 2.0% in his holdings on a partially diluted basis [1][2] - Following the expiration, Mr. Sprott now beneficially owns 37,873,016 shares, representing approximately 14.1% of the outstanding shares on a non-diluted basis [2] - The warrants' expiration led to a change in partially diluted ownership greater than 2%, necessitating an update to the early warning report [2] Company Holdings - Prior to the expiration, Mr. Sprott controlled 37,873,016 shares and 5,555,556 warrants, which represented approximately 14.1% of the outstanding shares on a non-diluted basis and approximately 15.8% on a partially diluted basis [1] - The securities are held for investment purposes, with a long-term view, and Mr. Sprott may consider acquiring additional securities or selling existing ones based on market conditions [3]
Sprott Silver Miners & Physical Silver ETF Reaches $100 Million in Assets
Globenewswire· 2025-07-09 12:00
Core Viewpoint - The Sprott Silver Miners & Physical Silver ETF (SLVR) has rapidly gained assets, reaching $100 million in assets under management within five months of its launch, highlighting strong investor interest in silver as an undervalued precious metal [2][3]. Company Overview - Sprott Asset Management USA, Inc. is a global asset manager focused on precious metals and critical materials investments, with a strong emphasis on in-depth knowledge and experience in the sector [9]. ETF Details - SLVR is the only ETF providing pure-play exposure to silver miners and physical silver, investing at least 80% of its total assets in securities of the Nasdaq Sprott Silver Miners Index (NSLVR) [2][3]. - The ETF aims to track the performance of a selection of securities in the silver industry, including producers, developers, explorers, and physical silver [3][4]. Market Context - Silver prices have recently surpassed $35 per ounce for the first time in over 12 years, indicating a potential upward trend that may benefit silver miners as fundamentals improve and industrial demand grows [3]. - The ETF's launch comes at a time when silver is perceived to be undervalued relative to gold, suggesting a favorable investment environment for silver-related assets [3]. Related Products - SLVR is part of a broader family of Sprott ETFs, which includes other precious metals ETFs such as the Sprott Active Gold & Silver Miners ETF (GBUG), Sprott Gold Miners ETF (SGDM), and Sprott Junior Gold Miners ETF (SGDJ) [4]. - Sprott also offers critical materials ETFs that provide exposure to sectors like uranium, copper, lithium, and nickel [4][6].
NexGold Intersects 13.67 g/t over 1.75 metres and 1.05 g/t over 21.20 metres at the Goliath Deposit and Provides Update on Sprott Royalty
GlobeNewswire News Room· 2025-07-09 11:00
TORONTO, July 09, 2025 (GLOBE NEWSWIRE) -- NexGold Mining Corp. (TSXV: NEXG; OTCQX: NXGCF) (“NexGold” or the “Company”) is pleased to provide additional results from the most recent diamond drilling at the Goliath Gold Complex where the Company has conducted 21,000 metres of a 25,000-metre drill program. The most recent drilling included 6,355 metres of diamond drilling in 30 holes and was focused on drilling parts of the Goliath Deposit, the Eastern Alteration Corridor (“EAC”) prospect and at Goldlund Sout ...
Eric Sprott Announces Changes to His Holdings in Inventus Mining Corp.
Newsfile· 2025-07-08 20:56
Core Viewpoint - Eric Sprott has increased his holdings in Inventus Mining Corp, acquiring an additional 11,842,000 common shares, which raises his total ownership to approximately 16.4% of the outstanding shares [1][2]. Group 1: Acquisition Details - The acquisition was made through 2176423 Ontario Ltd. at a price of $0.16 per share, totaling an investment of $1,894,720 [1]. - Prior to this acquisition, Sprott owned 21,549,833 shares, representing about 10.6% of the outstanding shares [2]. - The recent purchase represents an increase of approximately 5.8% in his holdings since the last early warning report [2]. Group 2: Investment Intentions - The shares were acquired for investment purposes, with a long-term view on the investment [3]. - Sprott may consider acquiring additional securities or selling existing ones based on market conditions and other relevant factors [3].
Sprott: Excellent AUM Growth In The Exchange Listed Products Segment
Seeking Alpha· 2025-07-03 14:51
Group 1 - The investment strategy focuses on turnarounds in natural resource industries with a typical holding period of 2-3 years, emphasizing value for downside protection and upside participation [1][4] - The portfolio has achieved a compounded annual growth rate of 29% over the last 6 years [1] - Sprott Inc. is a North American investment company specializing in natural resource investments, with approximately 50% of assets under management (AUM) in gold, 25% in silver, and 25% in critical materials, primarily uranium-related products [3] Group 2 - The investing group targets companies with quality characteristics that are trading at depressed valuations, allowing for participation in the upside of natural resource investing while minimizing extreme drawdowns [4] - Current focus on natural resource industries is driven by monetary and fiscal policies, underinvestments, and attractive valuations [4]
Gold and silver prices poised for further gains amid mounting economic risks - Sprott's McIntyre
KITCO· 2025-07-02 21:44
Core Insights - The article discusses the author's extensive experience in journalism and the financial sector, highlighting a focus on economic reporting and analysis [3][4]. Group 1 - The author has over a decade of reporting experience, particularly in covering politics and financial news [3]. - Since 2007, the author has worked exclusively within the financial sector, starting with the Canadian Economic Press [3]. - The author's background includes a diploma in journalism from Lethbridge College [3].
Goldstorm Metals Announces Closing of Upsized Non-Brokered Private Placement Financing for Approximately $2.1 Million, with Participation by Eric Sprott
Newsfile· 2025-06-27 13:07
Core Viewpoint - Goldstorm Metals Corp. has successfully closed a non-brokered private placement financing, raising approximately $2.1 million, with notable participation from strategic investor Eric Sprott [2][5]. Financing Details - The private placement generated gross proceeds of $2,088,973.75, consisting of 15,441,483 non-flow-through units sold at $0.07 each, totaling $1,080,903.81, and 9,999,999 flow-through units sold at $0.1008 each, totaling $1,007,999.90 [2][3]. - Each non-flow-through unit includes one common share and one-half of a warrant, while each flow-through unit includes one common share and one-half of a warrant [3]. Warrant Information - Each warrant allows the holder to purchase one common share at an exercise price of $0.10 for 24 months, with an acceleration clause if the common shares reach a closing price of $0.20 for ten consecutive trading days [4]. Strategic Investor Participation - Eric Sprott, through his corporation, acquired 3,571,428 common shares and 1,785,714 warrants, qualifying as a related-party transaction [5]. Use of Proceeds - Net proceeds from the sale of non-flow-through units will be allocated for working capital and general corporate purposes [6]. - Gross proceeds from flow-through units will be used for Canadian exploration expenses, with a commitment to incur qualifying expenditures by December 31, 2026 [7]. Finder's Fees - The company paid cash commissions of $45,746.44 to finders and issued 651,377 non-transferable finder's warrants, each allowing the purchase of one common share at $0.1008 for 24 months [8][9]. Company Overview - Goldstorm Metals Corp. is focused on precious and base metals exploration, holding a significant land position in British Columbia's Golden Triangle, known for high-grade gold deposits [10].
Dolly Varden Silver Closes $28.76 Million Bought-Deal Financing, With Participation by Eric Sprott
Newsfile· 2025-06-26 13:26
Core Viewpoint - Dolly Varden Silver Corporation has successfully completed a bought-deal private placement, raising a total of $28,755,500 through the sale of common shares and flow-through shares for exploration and working capital purposes [1][3]. Group 1: Financial Details - The company sold 2,445,500 common shares at $4.60 each, generating gross proceeds of $11,249,300 [1]. - Additionally, 1,128,000 charity flow-through shares were sold at $6.65 each, raising $7,501,200 [1]. - The company also issued 1,740,000 flow-through shares at $5.75 each, resulting in gross proceeds of $10,005,000 [1]. Group 2: Use of Proceeds - Net proceeds from the common shares will be allocated for working capital and general corporate purposes [3]. - Proceeds from the charity flow-through shares and flow-through shares will be directed towards further exploration, mineral resource expansion, and drilling in the Kitsault Valley project and other mineral properties [3]. Group 3: Underwriting and Fees - The offerings were conducted under an underwriting agreement with a syndicate led by Research Capital Corporation and Raymond James Ltd., among others [2]. - The underwriters received a cash fee of $1,437,775, which is 5.0% of the gross proceeds from the offerings [4]. Group 4: Company Overview - Dolly Varden Silver Corporation is focused on advancing its 100% held Kitsault Valley Project, which includes high-grade silver and gold resources [6][7]. - The project is located in the Golden Triangle of British Columbia and is considered prospective for further precious metal deposits [6][7].