Sprott Asset Management CEO John Ciampaglia talked with Proactive about the launch of the Sprott Physical Uranium ETC in partnership with HANetf. Ciampaglia explained that this new product is an extension of the Sprott Physical Uranium Trust, a popular investment vehicle that trades on the Toronto Stock Exchange.
TORONTO, March 06, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (NYSE/TSX: SII) (“Sprott” or the “Company”) announced today that the Toronto Stock Exchange (“TSX”) has approved the Company's notice of intention to make a normal course issuer bid ("NCIB"). Pursuant to the terms of the NCIB, Sprott may purchase its own common shares for cancellation through the facilities of the TSX, alternative Canadian trading systems and/or the New York Stock Exchange, in each case in accordance with the applicable requirements, through open market purchases at market price and as otherwise permitted under applicable securities laws. The maximum number of common shares which may be purchased by Sprott during the NCIB will not exceed 645,333 common shares being approximately 2.5% of 25,813,335 (representing the number of issued and outstanding common shares as of February 28, 2025). The average daily trading volume (the “ADTV”) of the common shares on the TSX for the six-month period ended February 28, 2025 was 26,765. Under the rules of the TSX, Sprott is entitled to repurchase during the same trading day on the TSX up to 25% of the ADTV of the common shares, being 6,691 common shares, except where such purchases are made in accordance with the “block purchase” exemption under applicable TSX policy. Sprott will effect purchases at varying times commencing on March 11, 2025 and ending on March 10, 2026.
Toronto, Ontario--(Newsfile Corp. - March 6, 2025) - Eric Sprott announces that, on March 5, 2025, 2176423 Ontario Ltd., a corporation beneficially owned by him, acquired 57,142,857 common shares (Shares) and 28,571,428 Share purchase warrants (Warrants) of Manganese X Energy Corp. pursuant to the automatic conversion of 57,142,857 subscription receipts (Subscription Receipts) of Manganese X Energy acquired on January 29, 2025 through a private placement, at $0.035 per Subscription Receipt for total consideration of $2,000,000.
Montreal, Quebec--(Newsfile Corp. - March 6, 2025) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) ("Manganese X" or the "Company") is pleased to announce that following the closing of its $2,100,000 offering (the "Offering") of 60,000,000 subscription receipts (each, a "Subscription Receipt"), at a price of $0.035 per Subscription Receipt, on January 28, 2025, the Escrow Release Conditions (as defined below) related to the Subscription Receipts have been satisfied. This has resulted in (i) the Subscription Receipts being automatically converted into units of the Company (the "Units"), and (ii) the Escrowed Funds (as defined below) being released to the Company.
Montreal, Quebec--(Newsfile Corp. - March 6, 2025) - Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC) (TRADEGATE: 9SC) ("Manganese X" or the "Company") is pleased to announce that following the closing of its $2,100,000 offering (the "Offering") of 60,000,000 subscription receipts (each, a "Subscription Receipt"), at a price of $0.035 per Subscription Receipt, on January 28, 2025, the Escrow Release Conditions (as defined below) related to the Subscription Receipts have been satisfied. This has resulted in (i) the Subscription Receipts being automatically converted into units of the Company (the "Units"), and (ii) the Escrowed Funds (as defined below) being released to the Company.
TORONTO, March 04, 2025 (GLOBE NEWSWIRE) -- Sprott Focus Trust, Inc. (Nasdaq-FUND) (the “Fund” or “FUND”) has declared a quarterly distribution of $0.1305 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on March 28, 2025 to stockholders of record at the close of business on March 14, 2025 (ex-dividend on March 14, 2025). The price of shares issued for reinvestment will be determined on March 21, 2025.
Sprott Inc. (NYSE:SII ) Q4 2024 Earnings Conference Call February 26, 2025 10:00 AM ET Company Participants Whitney George - Chief Executive Officer Kevin Hibbert - Chief Financial Officer John Ciampaglia - Chief Executive Officer, Sprott Asset Management Conference Call Participants Matthew Lee - Canaccord Michael Kozak - Cantor Fitzgerald Operator Good morning, ladies and gentlemen. Thank you for standing by.
KELLOGG, Idaho and VANCOUVER, British Columbia, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Bunker Hill Mining Corp. (“Bunker Hill” or the “Company”) (TSX-V:BNKR | OTCQX:BHLL) announces that the Company, its wholly-owned subsidiary Silver Valley Metals Corp. (“Silver Valley”) and an affiliate of Sprott Private Resource Streaming & Royalty Corp. (“Sprott Streaming”) entered into a first amendment agreement to royalty agreement dated December 12, 2024 (the “First Amendment”) in connection with the royalty agreement dated June 23, 2023 (the “Existing Royalty Agreement”) previously entered into by the parties.
TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a fourth quarter 2024 dividend of US$0.30 per common share, payable on March 25, 2025 to shareholders of record at the close of business on March 10, 2025.
Toronto, Ontario--(Newsfile Corp. - February 11, 2025) - Eric Sprott announces that, on February 10, 2025, 1,111,100 common share purchase warrants (Warrants) of Summa Silver Corp., (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in holdings of approximately 3.6% of the outstanding common shares (Shares) on a partially diluted basis since the date of the last early warning report.