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Sprott Announces Resignation of Director

TORONTO, June 08, 2016 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott” or the “Company”) (TSX:SII) today announced that Alex Adamson has stepped down as director of the Company effective immediately.

“On behalf of the board and management of Sprott, we thank Alex for his many contributions during his tenure as a Director,” said Peter Grosskopf, CEO of Sprott. “We wish him all the best in his future endeavors.”

“I am pleased at the progress that has been made at Sprott to reposition and strengthen the company during the time I have been a director,” said Mr. Adamson. “I wish all of my colleagues on the board continued success in the years ahead.”

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 ("ETFs"); 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 Inc. 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

Investor contact information: Glen Williams Director of Communications (416) 943-4394 gwilliams@sprott.com

Source: Sprott, Inc.