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Press release from CNW Group

Sprott Inc. Declares Third Quarter 2011 Dividend

Tuesday, November 08, 2011

Sprott Inc. Declares Third Quarter 2011 Dividend13:09 EST Tuesday, November 08, 2011TORONTO, Nov. 8, 2011 /CNW/ - Sprott Inc. (TSX:SII) today declared an eligible dividend of $0.03 per common share for the quarter ended September 30, 2011, payable on December 2, 2011 to shareholders of record at the close of business on November 17, 2011.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 four business units: Sprott Asset Management LP, Sprott Private Wealth LP, Sprott Consulting LP, 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 provides management, administrative and consulting services to other companies, including Sprott Resource Corp. (TSX: SCP), Sprott Resource Lending Corp. (TSX: SIL) (NYSE AMEX: SILU) and Sprott Power Corp. (TSX: SPZ). Sprott U.S. Holdings Inc. includes Global Resource Investments Ltd, Sprott Asset Management USA Inc., and Resource Capital Investments Inc. Sprott Inc. is headquartered in Toronto, Canada, and its common shares are listed on the Toronto Stock Exchange under the symbol "SII". For more information on Sprott Inc., please visit www.sprottinc.com.For further information: Investor contact information: (416) 203-2310 or 1 (877) 403-2310 or ir@sprott.com.