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Eric Sprott.
Eric Sprott.
(DARREN CALABRESE FOR THE GLOBE AND MAIL)

Eric Sprott to sell $60-million of his company’s stock

The man who founded Sprott Inc. is selling a substantial portion of his shares.

Eric Sprott, who created the company and took it public in 2008, is selling 20 million shares at $3 each, generating $60-million. The shares are being sold through a bought deal that guarantees Mr. Sprott the full proceeds.