Sprott appoints two new directors
TORONTO, April 7, 2014 /CNW/ - Sprott Inc. (TSX: SII) today announced the appointment of two new directors, effective April 1, 2014. Sharon Ranson and Rosemary Zigrossi have been appointed to the Sprott Board of Directors and will stand for re-election at the Company's Annual General Meeting on May 14, 2014.
"We are very pleased to have Sharon and Rosemary join the board. Together they bring a diverse range of experience and industry expertise and we look forward to their future contributions," said Eric Sprott, Chairman of the Sprott Inc. Board of Directors.
Ms. Ranson is President of The Ranson Group Inc., a company offering Executive Coaching and Consulting services. Ms. Ranson has experience as a director on numerous corporate and not-for-profit boards. She is a currently a director of Continental Bank of Canada. Previously, she was on the Board of Governors for CI Investments, a director of Bank West, Western Life, Western Financial Insurance and MEGA Brands (TSX: MB). Her current not-for-profit boards include the Advisory Board for the School of Business at Queen's University and The Children's Book Bank. Ms. Ranson is an Adjunct Professor for the Master of Finance program at Queen's University. Prior to founding her current business in 2002, Ms. Ranson spent over 20 years in the Financial Services industry in executive positions where she worked at both large and small firms. She was a top ranked Financial Services Analyst and Director with RBC Dominion Securities and was a senior Portfolio Manager with TAL (CIBC). Ms. Ranson is a Chartered Accountant and holds the ICD.D designation. She graduated from Queen's University with a Bachelor of Commerce and holds a Masters of Business Administration from York University.
Ms. Zigrossi is a Consultant to, and former Director at Promontory Financial Group Canada. In this role, Ms. Zigrossi advises clients in the asset management and banking industries in the area of risk management, regulatory compliance and governance. Prior to joining Promontory, Ms. Zigrossi was at the Ontario Teachers' Pension Plan ("OTPP") for almost two decades where she held various roles including Vice President, Asset Mix and Risk, Vice President, Venture Capital, a program she initiated, and Controller, responsible for building the Investment Finance department. She has extensive experience with investments in venture-capital-backed companies and private equity and has served as a member of the Board of Directors for companies in various industries, including information technology, communications, health care and life sciences, and renewable energy. Prior to joining OTPP, Ms. Zigrossi was an Assistant Vice President at J.P. Morgan (Canada). Ms. Zigrossi serves on the board of the Business Development Bank, Russell Investments Corporate Class Inc., and the McMichael Canadian Art Collection. She is a member of the Investment Committee of Sustainable Development Technology Corporation and past governor of Trent University. Ms. Zigrossi is a Chartered Accountant and CFA charter holder. She holds the ICD.D designation, graduated from the University of Toronto with a Bachelor of Commerce, and attended the Harvard Business School's Program for Management Development.
About Sprott Inc.
Sprott Inc. is a leading independent asset manager dedicated to achieving superior returns for its clients over the long term. The Company currently operates through six business units: Sprott Asset Management LP, Sprott Private Wealth LP, Sprott Consulting LP, Sprott Resource Lending Corp., Sprott Toscana and Sprott U.S. Holdings Inc. Sprott Asset Management is the investment manager of the Sprott family of mutual funds and hedge funds and discretionary managed accounts; Sprott Private Wealth provides wealth management services to high net worth individuals; and Sprott Consulting and Sprott Toscana provide management, administrative and consulting services to other companies. Sprott Resource Lending provides lending services to mining and energy sectors. Sprott U.S. Holdings Inc. includes Sprott Global Resource Investments Ltd, Sprott Asset Management USA Inc., and Resource Capital Investments Corporation. Sprott Inc. is headquartered in Toronto, Canada, and is listed on the Toronto Stock Exchange under the symbol "SII". For more information on Sprott Inc., please visit www.sprottinc.com.
SOURCE Sprott Inc.For further information: Glen Williams, Director of Communications, Sprott Group, (416) 943-4394, firstname.lastname@example.org