Sprott Inc. Declares Third Quarter 2016 Dividend And Announces Dividend Reinvestment Plan

TORONTO, Nov. 10, 2016 (GLOBE NEWSWIRE) -- Sprott Inc. ("Sprott" or the "Company") (TSX:SII) today declared an eligible dividend of $0.03 per common share for the quarter ended September 30, 2016, payable on December 6, 2016 to shareholders of record as at the close of business on November 21, 2016.

Sprott is also pleased to announce the introduction of a Dividend Reinvestment Plan (the "Plan"), subject to TSX final approval, for Canadian resident shareholders of common shares of Sprott.  The Plan provides a convenient and cost-effective method for eligible holders in Canada to maximize their investment in Sprott by reinvesting their cash dividends to acquire additional Sprott common shares.  In conjunction with the dividend declared today, the Board of Directors of Sprott has approved a discount in the purchase price of 3% on dividend reinvestment shares purchased from Sprott pursuant to the Plan.

For more information about the Plan, or to request or download a copy of the detailed Plan circular, please contact the Plan Agent, TSX Trust Company ("TSX Trust"), by phone at 1-866-600-5869, by e-mail to tmxeinvestorservices@tmx.com, or visit TSX Trust's website at www.tsxtrust.com/resources/investor-centre/forms.  A copy of the Plan circular is also available on our website at www.sprottinc.com (go to "Investor Relations" and "DRIP").

About Sprott

Sprott Inc. is a global alternative asset manager with three primary lines of business: Private Resources; Exchange Listed Products; and Diversified Alternative Investment Management. The Private Resource business platform houses the Company's private resource-focused asset management activities; the Exchange Listed Products business platform houses the Company's closed-end physical trusts and exchange traded funds; and the Diversified Alternative Asset Management business platform houses the Company's full suite of public mutual funds, alternative investment strategies and managed accounts. Sprott Asset Management LP is the principal subsidiary of Sprott and the manager of both the Exchange Listed Products business line and the Diversified Alternative Investment Management business line. For more information, please visit www.sprottinc.com