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Press release from CNW Group

Sprott Inc. Declares First Quarter 2012 Dividend

Tuesday, May 08, 2012

Sprott Inc. Declares First Quarter 2012 Dividend12:36 EDT Tuesday, May 08, 2012TORONTO, May 8, 2012 /CNW/ - Sprott Inc. (TSX:SII) today declared an eligible dividend of $0.03 per common share for the quarter ended March 31, 2012, payable on June 1, 2012 to shareholders of record at the close of business on May 18, 2012.About Sprott Inc.Sprott Inc. is a leading independent asset manager dedicated to achieving superior returns for its clients over the long term. Sprott Inc. 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