Sprott Inc. Announces Results of its Annual and Special Meeting of Shareholders
TORONTO, May 14, 2014 /CNW/ - Sprott Inc. ("Sprott" or the "Corporation") (TSX: SII) reported the results of its Annual and Special Meeting of the Corporation's shareholders ("Shareholders") held earlier today (the "Meeting"). Sprott is pleased to announce that all resolutions put forward in the Management Information Circular dated April 7, 2014 (the "Circular") to Shareholders were approved.
At the Meeting, each of the following nine nominees proposed by management was elected as a director of Sprott:
|Nominee||Votes For||% For||Votes Withheld||% Withheld|
|Eric S. Sprott||183,917,166||99.51||900,817||0.49|
|Jack C. Lee||184,386,139||99.77||431,844||0.23|
|James T. Roddy||183,763,529||99.43||1,054,454||0.57|
|Arthur Richards Rule IV||184,068,599||99.59||749,384||0.41|
|Paul H. Stephens||184,584,194||99.87||233,789||0.13|
In addition to the election of directors, Shareholders also appointed Ernst & Young LLP, Chartered Accountants, as auditors for the Corporation for the ensuing year and approved all unallocated options, rights and entitlements with respect to treasury issuances under the Corporation's amended and restated stock option plan, employee profit sharing plan and equity incentive plan.
For further details of each of the above matters, please refer to the Circular filed on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
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 primarily 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.
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