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Sprott Inc. (SII) Launches the Sprott Active Metals & Miners ETF
Yahoo Finance· 2025-09-25 00:34
Core Insights - Sprott Inc. (NYSE:SII) is recognized for its significant upside potential and is included in the list of the 10 Best Debt Free Small Cap Stocks to Buy Now [1] Company Developments - On September 10, 2025, Sprott Inc. launched the Sprott Active Metals & Miners ETF, aiming to expand its presence in the growing metals and mining investment sector [2] - The ETF is actively managed and focuses on long-term capital appreciation by investing in miners, recyclers, and companies involved in high-demand metals such as copper, uranium, silver, steel, and lithium [2] - Sprott Inc. claims its investment team conducts approximately 200 management meetings and up to 30 mine site visits annually to identify undervalued opportunities with strong fundamentals [3] - This strategy enhances the company's position in the niche resource-focused ETF market while offering investors daily transparency, liquidity, and potential tax efficiency [3] Company Overview - Sprott Inc. is a publicly owned asset management holding company that provides asset, portfolio, wealth, and fund management services, along with broker-dealer activities [4] - The company is recognized as one of the Best Debt Free Stocks [4]
Eric Sprott Announces Changes to His Holdings in Tudor Gold Corp
Newsfile· 2025-09-23 12:58
Eric Sprott Announces Changes to His Holdings in Tudor Gold CorpSeptember 23, 2025 8:58 AM EDT | Source: Eric SprottToronto, Ontario--(Newsfile Corp. - September 23, 2025) - Eric Sprott announces that, on September 22, 2025, 800,000 common share purchase warrants (Warrants) of Tudor Gold Corp. held by 2176423 Ontario Ltd., a corporation beneficially owned by him, expired unexercised representing a decrease in holdings of approximately 2.1% of the outstanding common shares (Shares) on a partial ...
STLLR Gold Announces C$30 Million Financing Including $10 Million Bought Deal and Concurrent Private Placement with Eric Sprott
Newsfile· 2025-09-22 21:38
Core Viewpoint - STLLR Gold Inc. has announced a financing plan totaling C$30 million, which includes a C$10 million bought deal and a concurrent private placement with Agnico Eagle Mines Limited, aimed at enhancing its capital for exploration projects [1][4]. Financing Details - The financing consists of a bought deal private placement of 2,790,200 common shares at C$1.792 per share, generating gross proceeds of approximately C$5 million, and an additional 3,246,800 common shares at C$1.54 per share for another C$5 million, totaling around C$10 million from the bought private placement [4][6]. - A brokered private placement of up to 11,719,000 common shares at C$1.28 per share is also planned, potentially raising up to C$15 million [4][7]. - Agnico intends to participate in a non-brokered private placement of 3,907,000 common shares, which will increase its ownership in STLLR to approximately 11% post-offering [1][4]. Use of Proceeds - The gross proceeds from the bought shares will be allocated to Canadian exploration expenses qualifying as flow-through mining expenditures, to be incurred by December 31, 2026 [6][7]. - The net proceeds from the best efforts shares and concurrent shares will be utilized for non-flow-through eligible operating expenses and general corporate purposes [7]. Closing and Regulatory Approvals - The offering is expected to close around October 15, 2025, subject to necessary corporate and regulatory approvals, including from the Toronto Stock Exchange [8]. Related Party Transactions - Participation from insiders in the offering will classify it as a related party transaction, but it is anticipated that such participation will not require minority approval under MI 61-101, as the value does not exceed 25% of STLLR's market capitalization [9]. Company Overview - STLLR Gold Inc. is a Canadian gold development company focused on advancing high-potential gold projects, including the Tower Gold Project and the Colomac Gold Project, which are expected to become large-scale operations [11].
Change to Index Tracked by Sprott Junior Gold Miners ETF (SGDJ)
Globenewswire· 2025-09-18 11:58
Core Insights - Sprott Asset Management USA, Inc. announced a modification to the index tracked by the Sprott Junior Gold Miners ETF (SGDJ), due to the strong performance of gold miners, which have returned over 90% year-to-date as of September 16, 2025 [1] - The market capitalization threshold for eligible securities in the index will be revised from below USD $2 billion to below USD $3 billion, effective at the next scheduled rebalance [2] Company Overview - Sprott Asset Management USA, Inc. is a wholly-owned subsidiary of Sprott Inc., focusing on precious metals and critical materials investments, with a presence in multiple locations including Toronto, New York, Connecticut, and California [3] Industry Context - The adjustment in the index methodology reflects the rising market capitalization of junior gold miners, indicating a robust performance in the gold mining sector [1][2]
Silver Dollar Upsizes Brokered Financing to $5.9 Million, with Participation by Eric Sprott
Newsfile· 2025-09-17 19:31
Core Viewpoint - Silver Dollar Resources Inc. has increased its brokered private placement from $4 million to approximately $5.9 million due to strong investor demand [1] Group 1: Offering Details - The Offering consists of units priced at $0.35 each, with each unit including one common share and one warrant [2] - Each warrant allows the holder to purchase one common share at $0.45 within 36 months after the Offering's closing date [2] - The Offering is scheduled to close on or about October 3, 2025, subject to certain conditions including raising a minimum of $950,000 [5] Group 2: Use of Proceeds - The net proceeds from the Offering will be allocated for exploration activities on the La Joya Silver Project in Durango, Mexico, and the Ranger-Page Ag-Pb-Zn Project in Idaho [3] Group 3: Participation and Exemptions - Eric Sprott, through 2176423 Ontario Ltd., has expressed intent to participate in the Offering [2] - Up to 14 million LIFE Units will be offered under the Listed Issuer Financing Exemption across Canada and the U.S., with an additional 2,857,150 Accredited Investor Units available for accredited investors [4] Group 4: Agent and Commissions - Research Capital Corporation is the sole agent and bookrunner for the Offering, receiving a 6% cash commission on gross proceeds [7]
Eric Sprott Announces Changes to His Holdings in Borealis Mining Company Ltd
Newsfile· 2025-09-15 12:50
Core Points - Eric Sprott announced changes to his holdings in Borealis Mining Company Ltd, exercising 2,000,000 common share purchase warrants at $0.75 per share for a total of $1,500,000 [1] - Following the exercise, Sprott's ownership increased to 9,571,400 shares and 1,785,700 warrants, representing approximately 8.2% of the outstanding shares on a non-diluted basis [2] - The exercise of warrants and previous share issuances resulted in a decrease of approximately 1.3% in Sprott's ownership on a partially diluted basis, bringing total holdings below 10% on a non-diluted basis, thus ceasing to be insiders of Borealis Mining [2] Company Holdings - Prior to the exercise, Sprott beneficially owned 7,571,400 shares and 3,785,700 warrants, representing approximately 6.6% of the outstanding shares on a non-diluted basis [2] - After the exercise, Sprott's holdings reflect a long-term investment view, with potential plans to acquire additional securities or sell existing ones depending on market conditions [3]
Metalsource Mining Announces Private Placement to raise up to $4,000,000 with lead order from Eric Sprott of $1,000,000
Globenewswire· 2025-09-15 10:00
Core Points - Metalsource Mining Inc. announced a non-brokered private placement of up to 20,000,000 units at a price of $0.20 per unit, aiming for gross proceeds of up to $4,000,000 [1] - Eric Sprott will lead the offering by subscribing for 5,000,000 units, totaling $1,000,000 [1] Offering Details - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of one additional common share at CAD $0.30 for three years [2] - The proceeds will be used for exploration at the Silver Hill and Byrd-Pilot projects in North Carolina, the Aruba manganese project in Botswana, and for general working capital [3] Strategic Focus - The company aims to modernize exploration at Silver Hill, a historic silver mine, and expand known silver zones to build an updated mineral resource estimate [4] - Byrd-Pilot project offers potential for large-scale gold-copper porphyry discovery, providing shareholders with exposure to both high-grade silver and district-scale opportunities [4] Company Overview - Metalsource Mining Inc. is engaged in the acquisition, exploration, and development of mineral property assets, focusing on precious and base metal properties [5] - The Aruba Property in Botswana covers 4,663 square kilometers and is prospective for platinum group metals, gold, silver, and manganese [5]
Gold Prices Dip: What Could It Mean for Retail Investors?
Retail News Asia· 2025-09-15 06:49
Core Insights - Gold prices in Vietnam are declining, with local prices still significantly higher than global rates, indicating a notable market disparity [1][7] - The global gold market is experiencing an upward trend, driven by concerns over the U.S. labor market and expectations of a Federal Reserve rate cut [3][8] - Year-to-date, gold prices have increased by approximately 39%, influenced by a weak dollar and strong central bank purchases [6] Local Market Analysis - The price of gold bars from the Saigon Jewelry Company decreased by 1.43% to VND131.4 million (approximately US$4,980.1) per tael [1] - Gold ring prices also fell by 1.23% to VND128 million per tael, with a tael weighing about 37.5 grams [2] Global Market Dynamics - Spot gold prices rose by 0.5% to $3,651.92 per ounce, nearing a record high, with a weekly appreciation of 1.8% [4] - U.S. gold futures for December delivery increased by 0.5% to $3,690.30, reflecting positive market sentiment [4] Expert Predictions - Experts predict that gold could soon reach or exceed the $3,700 mark, with short-term resistance anticipated around $3,900 [5][9] - The long-term outlook for gold remains positive due to its under-ownership by institutions, suggesting potential for significant growth [5][9]
Uranium industry revival radiates from Southwest
MINING.COM· 2025-09-14 13:45
Industry Overview - The uranium mining industry in the United States is experiencing a revival, particularly in the Southwest, driven by economic and political factors [1][2] - States such as Arizona, Colorado, New Mexico, Texas, and Utah are witnessing new uranium resource releases, expedited permitting, and the initiation of production and processing activities after years of downturn [1][2] Supply and Demand Dynamics - The uranium sector is responding to rising prices and demand signals, with producers previously inactive now seeking to create a supply response [2] - The U.S. primarily imports uranium, but there is a concerted effort to align domestic supply with increasing demand for nuclear energy, supported by higher spot prices and government backing [2] Recent Developments - Global Uranium and Enrichment's Maybell project in Colorado has reported an initial resource estimate of 3.2 million inferred tonnes grading 849 ppm U3O8, marking a significant development in the region [3][4] - The Maybell project is noted as the second largest initial hard rock uranium resource in the Southwest since the closure of Denison Mines' Topaz operation in 2009 [3] Production Trends - Domestic uranium production has seen fluctuations, with a peak of 43.7 million lb. U3O8 in 1980, declining to a low of 174,000 lb. U3O8 in 2019, and then rising to 700,000 lb. U3O8 in 2024 [8][9][11] - Key facilities contributing to this production include EnCore Energy's Alta Mesa and Rosita ISR facilities in Texas, which had been idle for over a decade before restarting [10][11] Permitting and Regulatory Environment - The Trump administration's initiatives to expedite development permitting have positively impacted uranium projects, with several projects receiving FAST-41 covered status [12][13] - The U.S. Department of the Interior has approved projects under accelerated environmental review timelines, facilitating quicker development [13] Challenges and Future Outlook - Despite the positive developments, the uranium industry faces challenges in bringing new discoveries to market due to the lengthy permitting process and the complexities associated with radioactive materials [14][15] - There is optimism regarding the revival of uranium production in the U.S., supported by government incentives and clearer policies, although it is acknowledged that this process will take time [15]
Eric Sprott Announces Changes to His Holdings in STLLR Gold Inc
Newsfile· 2025-09-12 12:43
Core Viewpoint - Eric Sprott has increased his holdings in STLLR Gold Inc, acquiring additional shares which now represent a significant portion of the company's outstanding shares [1][2]. Group 1: Acquisition Details - On September 11, 2025, 2176423 Ontario Ltd., beneficially owned by Eric Sprott, acquired 275,900 common shares of STLLR Gold Inc. at an average price of $1.1357 per share, totaling approximately $313,340.63 [1]. - Following this acquisition, Mr. Sprott's total beneficial ownership increased to 10,869,795 shares, representing approximately 8.8% of the outstanding shares on a non-diluted basis [2]. Group 2: Ownership Structure - Prior to the acquisition, Mr. Sprott owned 10,593,895 shares and 1,870,500 warrants, which accounted for about 8.5% of the outstanding shares on a non-diluted basis and 9.9% on a partially-diluted basis [2]. - The recent acquisition has pushed his ownership above 10% of the outstanding shares on a partially-diluted basis, assuming the exercise of the warrants [2]. Group 3: Investment Intentions - The shares were acquired for investment purposes, with a long-term view, and Mr. Sprott may consider acquiring additional securities or selling existing ones based on market conditions and other relevant factors [3].