TORONTO, Feb. 6, 2014 /CNW/ - Sprott 2012 Flow-Through Limited
Partnership (the "Partnership") announced today that it had completed the tax-deferred transfer of
the assets of the Partnership (the "Mutual Fund Rollover Transaction") into Sprott Resource Class of Sprott Corporate Class Inc. on February
3, 2014, as discussed in the Partnership's press release of January 10,
2014. The Partnership was subsequently dissolved on February 4, 2014.
1,932,312 Series A shares of Sprott Resource Class ("Fund Shares") were issued at their net asset value of $6.2126 per Fund Share. The
final net asset value per Partnership unit for purposes of the Mutual
Fund Rollover Transaction was $10.0156 per Partnership unit.
Accordingly, each holder of Partnership units will receive 1.6121 Fund
Shares for each Partnership unit held. The adjusted cost base for each
Partnership unit was $6.51 per Partnership unit and the adjusted cost
base for each allocated Fund Share was $4.04 per Fund Share.
For investors looking for another tax-advantaged investment, Sprott has
filed and received a receipt for a final prospectus dated January 30,
2014 offering units of a new flow-through limited partnership, Sprott
2014 Flow-Through Limited Partnership. The final prospectus contains
important detailed information about the securities being offered.
Investors should read the prospectus before making an investment
Additional information: The prospectus for Sprott Resource Class is available at www.sprott.com, through a broker or by calling Sprott Asset Management LP at
1-866-299-9906. Information about the Sprott 2014 Flow-Through Limited
Partnership is available through the dealers or by contacting us
directly at 1-866-299-9906 or email@example.com. A copy of the final prospectus for the Sprott 2014 Flow-Through
Limited Partnership can be found at www.sprott.com or under Sprott 2014 Flow-Through Limited Partnership's SEDAR profile
About Sprott Asset Management LP
Sprott Asset Management LP, a wholly owned subsidiary of Sprott Inc., is
an investment manager dedicated to achieving outstanding returns for
its investors over the long-term. With a history dating back to 1981,
Sprott has a team of leading investment professionals that think
independently and have the courage to act on their convictions.
Sprott's clients include individual and high-net-worth investors,
institutions and endowments. Please visit www.sprott.com to learn more about Sprott's award-winning investment professionals and
their market insights.
Commissions, trailing commissions, management fees and expenses all may
be associated with mutual fund investments. Please read the prospectus
of the relevant Fund before investing. Mutual funds are not guaranteed,
their values change frequently and past performance may not be
repeated. The information contained herein does not constitute an
offer or solicitation to anyone in the United States or in any other
jurisdiction in which such an offer or solicitation is not authorized
or to any person to whom it is unlawful to make such an offer or
solicitation. Prospective investors should consult their financial
advisor to determine if such Funds may be sold in their
jurisdiction.For further information, please contact us at 1 (416)
362-7172 or 1(866) 299-9906 or firstname.lastname@example.org.
SOURCE: Sprott Asset Management LP
For further information:
1 (416) 362-7172 or 1(866) 299-9906 or email@example.com.