Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - Eric Sprott announces that, today, 2176423 Ontario Ltd., a corporation beneficially owned by him, sold 14,868,200 common shares (Shares) of Amex Exploration Inc., through a private agreement, at $4.00 per Share for total consideration of $59,472,800. Prior to the disposition, Mr. Sprott beneficially owned and controlled 14,868.200 Shares and 435,000 Share purchase warrants (Warrants), representing approximately 10.5% of the outstanding Shares on a no ...

Core Insights - The Sprott Silver Miners & Physical Silver ETF (Nasdaq: SLVR) has reached $500 million in assets under management within less than a year of its launch on January 15, 2025, indicating strong investor interest in silver-related investments [2][3] - SLVR is the only ETF that provides pure-play exposure to silver miners and physical silver, capitalizing on the growing demand for silver and its evolving industrial applications [2][3] - Silver prices have recently hit new all-time highs, with demand increasing and supply expected to be in deficit for the seventh consecutive year, which enhances the profitability of silver mining [3] Company Overview - Sprott Asset Management USA, Inc. is a subsidiary of Sprott Inc., focusing on precious metals and critical materials investments, leveraging extensive industry experience [7] - The company offers a range of ETFs, including those focused on gold, silver, uranium, copper, lithium, and nickel, providing diversified exposure to various metals and mining sectors [4][5] ETF Details - The Sprott Silver Miners & Physical Silver ETF aims to achieve investment results that correspond to the total return performance of the Nasdaq Sprott Silver Miners Index by investing at least 80% of its total assets in securities of the Index [3] - The Nasdaq Sprott Silver Miners Index tracks a selection of securities in the silver industry, including producers, developers, explorers, and physical silver [3]

Core Viewpoint - AMC Entertainment Holdings, Inc. has completed a transaction to transfer the majority of its equity investment in Hycroft Mining Holding Corporation to Sprott Mining, a private Canadian corporation led by Eric Sprott [1] Group 1: Transaction Details - AMC sold approximately 2.34 million shares of Hycroft common stock as part of the private transaction [1]

Eric Sprott Announces Changes to His Holdings in Galleon Gold Corp.December 04, 2025 3:29 PM EST | Source: Eric SprottToronto, Ontario--(Newsfile Corp. - December 4, 2025) - Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 5,000,000 units (Units) of Galleon Gold Corp. through a private placement, at $0.60 per Unit for aggregate consideration of $3,000,000. Each Unit consists of one common share (Share) and one-half of one Share purchase ...

Group 1 - Grande Portage Resources Ltd. is based in Vancouver, BC and is involved in resource exploration and development [1] - The company is not distributing information to United States newswire services or disseminating it within the United States [1] Group 2 - The announcement was made on December 4, 2025, indicating ongoing activities or developments within the company [1] - The context of the news suggests a focus on compliance and regulatory considerations regarding information dissemination [1]

Core Points - Eric Sprott's company, 2176423 Ontario Ltd., acquired 20,000,000 Common Shares of Gold Terra Resource Corp. at a price of $0.10 per share, totaling $2,000,000 [1] - Following the acquisition, Sprott's total holdings increased from 30,000,000 Shares (7.3% of outstanding Shares) to 50,000,000 Shares (10.7% of outstanding Shares), surpassing the 10% threshold which necessitates an early warning report [2] - The securities are held for investment purposes, with a long-term view, and Sprott may consider acquiring additional securities or selling them based on market conditions and other relevant factors [3]

Core Insights - The rise of generative AI is significantly increasing electricity demand, particularly from data centers, which could double or even triple by 2030 [2][4] - Nuclear power is gaining attention as a viable energy source to meet this growing demand, with forecasts indicating a 28% increase in nuclear energy demand by 2030 [4][5] - The Sprott Uranium Miners ETF (URNM) is positioned as an attractive investment opportunity due to the anticipated rise in uranium demand driven by nuclear energy needs [3][6] Group 1: Nuclear Energy Demand - Global data center electricity use is expected to reach record highs in the U.S. in 2025 and 2026, following two decades of minimal growth [2] - Nuclear energy is currently the second-largest source of clean energy globally, operating at over 90% capacity, making it more efficient than solar and wind [4] - The U.S. government is investing at least $80 billion in new nuclear power plants to support the energy needs of the AI sector [5] Group 2: Investment Opportunities - The Sprott Uranium Miners ETF focuses on uranium miners and physical uranium, providing comprehensive exposure to the uranium market [3][8] - The ETF's structure allows for better risk management compared to investing in individual uranium stocks, which can be more volatile due to company-specific factors [12] - The anticipated supply shortage in the uranium market, combined with rising demand, sets the stage for a long-term uptrend in uranium prices and profitability for miners [6][7] Group 3: Market Dynamics - Regulatory hurdles and lengthy construction times for new nuclear plants (averaging around 10 years) present challenges for the sector, indicating a long-term investment horizon [6][7] - The Sprott Uranium Miners ETF tracks the North Shore Global Uranium Mining Index, which includes companies that allocate at least 50% of their assets to uranium mining [10] - The ETF's expense ratio of 0.75% is relatively high but typical for thematic ETFs targeting niche sectors [10]

Core Points - Eric Sprott's corporation, 2176423 Ontario Ltd., purchased 250,000 common shares of Americas Gold and Silver Corporation at approximately $5.41 per share, totaling around $1,351,650 [1] - Following this acquisition, Sprott's total beneficial ownership increased to 49,153,940 shares, representing approximately 18.0% of the outstanding shares, up from 17.9% [2] - The shares were acquired for investment purposes, with a long-term view, and there may be future acquisitions or sales depending on market conditions [3] Summary by Sections - **Acquisition Details** - 2176423 Ontario Ltd. purchased 250,000 shares at $5.41 each for a total of $1,351,650 [1] - **Ownership Changes** - Prior to the acquisition, Sprott owned 48,903,940 shares (17.9% of outstanding shares); post-acquisition, ownership increased to 49,153,940 shares (18.0%) [2] - The acquisition and prior issuances resulted in a decrease of approximately 2.3% in holdings since the last early warning report [2] - **Investment Intentions** - The shares were acquired for investment purposes with a long-term perspective; future transactions may occur based on market conditions [3]

Core Insights - The global supply chain crisis is exacerbated by the high demand for critical resources driven by technological advancements, particularly in artificial intelligence [1] - Silver prices have reached a record high of over $50 per ounce, indicating a shift in market dynamics that favors industrial applications over traditional safe-haven assets like gold [2] - European leaders are increasingly focused on securing critical resources amid geopolitical tensions, particularly regarding the mining sector's reliance on imports [3][4] Industry Overview - The European Union imports approximately 50% of its copper concentrate, highlighting vulnerabilities in resource security amid geopolitical divides, especially between the U.S. and China [4] - Nations are recognizing the need to adapt to the rapid technological changes and the associated demand for critical resources, moving away from previous reliance on commodity-producing markets [5] - Canada is proactively forming strategic alliances to secure critical resources, reflecting the urgency of addressing supply chain challenges in the context of digitalization [6] Investment Opportunities - The Sprott Critical Materials ETF (SETM) offers investors access to a range of critical materials essential for global energy needs, despite the volatility associated with the commodities market [7][8] - The ETF is positioned to benefit from a projected 169% increase in global electricity demand by 2050, driven by technological advancements and the growth of the global middle class [8] - The SETM ETF includes leading resource and energy companies such as MP Materials, Albemarle, and Cameco, providing diversification to mitigate risks associated with individual stocks [9] Performance Metrics - Since the beginning of the year, the SETM ETF has gained nearly 74%, with an 81% increase over the past six months, although it has faced recent market value erosion [11] - The ETF's price action is currently attempting to maintain levels above key moving averages, indicating ongoing volatility and market interest [11]

Core Viewpoint - Eric Sprott's 2176423 Ontario Ltd. acquired significant shares and warrants of New Found Gold Corp. through a statutory plan of arrangement with Maritime Resources Corp. [2] Group 1: Acquisition Details - 2176423 Ontario Ltd. acquired 7,691,250 common shares and 2,000,025 share purchase warrants of New Found Gold Corp. as part of the arrangement [2] - The arrangement involved New Found Gold acquiring all outstanding common shares of Maritime Resources that it did not already own, with Maritime shareholders receiving 0.75 of a New Found Share for each Maritime Share held [2] Group 2: Previous Holdings - Prior to the arrangement, Eric Sprott held 10,255,000 Maritime Shares and 2,666,700 Maritime Warrants, representing approximately 8.3% of the outstanding Maritime Shares on a non-diluted basis [3] - Following the arrangement, Mr. Sprott no longer holds any securities of Maritime Resources and has ceased to be an insider of the company [3] Group 3: New Found Gold Holdings Post-Arrangement - Before the arrangement, Mr. Sprott owned 56,224,015 New Found Shares, approximately 23.1% of the outstanding shares on a non-diluted basis [4] - After the arrangement, Mr. Sprott's holdings increased to 63,915,265 New Found Shares and 2,000,025 New Found Warrants, representing approximately 18.9% of the outstanding shares on a non-diluted basis, indicating a decrease of approximately 3.7% from the previous report [4] - Mr. Sprott maintains a long-term investment perspective in New Found Gold and may consider acquiring or selling additional securities based on market conditions [4]