May 28, 2024 5:55 PM EDT | Source: Eric Sprott Toronto, Ontario--(Newsfile Corp. - May 28, 2024) - Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 3,000,000 common shares (Shares) of Summa Silver Corp., over the TSX Venture Exchange (representing approximately 2.8% of the outstanding shares on non-diluted basis) at a price of $0.40 per share for aggregate consideration of $1,200,000. The acquired Shares were purchased in reliance on the nor ...

Vancouver, British Columbia--(Newsfile Corp. - May 28, 2024) - Aftermath Silver Ltd. (TSXV: AAG) (OTCQB: AAGFF) (the "Company" or "Aftermath Silver") is pleased to announce that 7,914,398 of the outstanding warrants to purchase common shares of the Company have been exercised recently for cash proceeds to the Company of C$1,989,439.5. This total includes 7,439,898 warrants at $0.25 per common share for aggregate consideration of $1,859,975 exercised by 2176423 Ontario Ltd., a corporation beneficially owned ...

(Kitco News) - Despite its criticism of being an outdated relic, billionaires appear to be taking a new interest in gold. According to updated regulatory filings, Michael Burry's Scion Asset Management is now betting big on precious metals. In the first quarter, Burry bought 444,000 units of the Sprott Physical Gold Trust (PHYS), which is valued at more than $10 million. Scion's PHYS holding represents slightly more than 7% of total holdings. Burry's bet in the precious metal came as gold prices surged to r ...

of the MD&A and financial statements this morning. Now that we completed the multiyear exit of noncore businesses that required several nonrecurring items to be booked and we no longer have any other material accounting noise and disclosures to contend with in the near future, we no longer require a place in our financial statement notes to park those multiple other items anymore. So we use this opportunity to clear out the other category in Note 7 of our financial statements and repointed as many accounts ...

Table of Contents Letter to shareholders 2 Management's Discussion and Analysis 4 Consolidated Financial Statements 21 Notes to the Consolidated Financial Statements 26 Dear fellow shareholders, We are pleased to report that during the first Precious Metals quarter of 2024, our Assets Under Management (“AUM”) increased by $0.6 billion (2%) to $29.4 As of this writing, gold recently touched an all-time billion. Subsequent to quarter-end, on May 6, 2024, high of $2,425 per ounce. Central banks continue AUM st ...

outflow that occurs annually no matter what the performance just as people's investment objectives move on. Graham Ryding Okay. I didn't want to hog the line, but I'll keep going on. It was -- Kevin, this question is for you. If there was 5.3 million I think in other expenses that were excluded from base EBITDA. I realize there's some FX in there, but what were the other main items that would that would be contributing to that 5.3 million overall. Kevin Hibbert So, the vast majority. So you're asking about ...

Certain statements in this presentation or the accompanying oral remarks contain forward-looking information and forward-looking statements (collectively referred to herein as the "Forward-Looking Statements") within the meaning of applicable Canadian and U.S. securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify Forward-Looking Statements. In particular, ...

Sprott, Inc. (NYSE:SII) Q3 2023 Results Conference Call November 1, 2023 10:00 AM ET Company Participants Whitney George - CEO & Director Kevin Hibbert - CFO John Ciampaglia - CEO of Sprott Asset Management Conference Call Participants Mike Kozak - Cantor Fitzgerald Rasib Bhanji - TD Securities Geoff Kwan - RBC Capital Markets Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Sprott Inc.'s 2023 Third Quarter Results Conference Call. [Operator Instructions] As a reminder, ...

Table of Contents Letter to shareholders 2 Management's Discussion and Analysis 4 Consolidated Financial Statements 23 Notes to the Consolidated Financial Statements 28 Dear fellow shareholders, Sprott continued to grow during the third quarter of 2023, despite another challenging period in global markets. Assets Under Management ("AUM") was $25.4 billion as of September 30, 2023, up $2 billion (8%) from the end of 2022. In the quarter, our net income was $6.8 million, up $3.7 million from the $3.1 million ...

So all told, we have grown annual adjusted base EBITDA consistently over the last 5 years, and we anticipate more of the same for 2023, although at a much lower trajectory than previous years given the challenging 2023 operating environment. Lastly, as you can see on Slide 7, as part of our ongoing treasury and balance sheet management program. During the quarter, we paid down $20 million or 37% of our outstanding debt facility. We expect the total debt outstanding down by another 13% or so in the second ha ...