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Press release from CNW Group

Sprott Inc. Announces Resignation of Mark McCain as Director

Monday, February 06, 2012

Sprott Inc. Announces Resignation of Mark McCain as Director17:00 EST Monday, February 06, 2012TORONTO, Feb. 6, 2012 /CNW/ - Sprott Inc. (TSX: SII) (the "Corporation") today announced that Mark McCain has tendered his resignation due to personal and other business commitments outside the country.  The Board of Directors would like to express its thanks to Mr. McCain for his dedicated service and contribution as a director of the Corporation since its initial public offering.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, Terra Resource Investment Management 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.