Sprott Resource Corp. Announces Dividend Reinvestment Plan

TORONTO, Feb. 25, 2013 /CNW/ - Sprott Resource Corp. ("SRC") (TSX: SCP) is 
pleased to announce the introduction of the Dividend Reinvestment Plan (the 
"Plan") for Canadian resident shareholders of common shares of SRC. The Plan 
provides a convenient and cost-effective method for eligible holders in Canada 
to maximize their investment in SRC by reinvesting their monthly cash 
dividends to acquire additional SRC common shares. A discount in the purchase 
price of up to 5% may apply on dividend reinvestment shares purchased from 
SRC. Any applicable discounts on dividend reinvestment share purchases are 
announced at the time SRC declares a dividend. 
For more information about the Plan, or to request or download a copy of the 
detailed Plan Offering Circular, please contact the Plan Agent, CIBC Mellon 
Trust Company, via its administrative agent Canadian Stock Transfer Company 
Inc. ("CST"), by phone at 1-800-387-0825 or 416-682-3860, by e-mail to 
inquiries@canstockta.com, or visit CST's website at www.canstockta.com (go to 
"Investor Services" and "Dividend Reinvestment Plans"). A copy of the Plan 
Offering Circular is also available on our website at www.sprottresource.com 
(go to "Investors" and "DRIP Information"). 
About Sprott Resource Corp. 
SRC is a Canadian-based company, the primary purpose of which is to invest and 
operate in natural resources. Through acquisitions, joint ventures and other 
investments, SRC seeks to provide its shareholders with exposure to the 
natural resource sector for the purposes of capital appreciation and real 
wealth preservation. SRC is well positioned to draw upon the considerable 
experience and expertise of both its Board of Directors and Sprott Consulting 
Limited Partnership (SCLP), of which Sprott Inc. is the sole limited 
partner. Pursuant to a management services agreement between SCLP and SRC, 
SCLP provides day-to-day business management for SRC as well as other 
management and administrative services. SRC invests and operates through 
Sprott Resource Partnership (SRP), a partnership between SRC and Sprott 
Resource Consulting Limited Partnership, an affiliate of SCLP which is the 
managing partner of SRP. 
Forward-Looking Information and Statements 
This news release contains certain forward-looking information and statements 
within the meaning of applicable securities laws. The use of any of the words 
"expect", "anticipate", "continue", "estimate", "may", "will", "project", 
"should", "believe", "plans", "intends" and similar expressions are intended 
to identify forward-looking information or statements. In particular, but 
without limiting the forgoing, this news release contains forward-looking 
information and statements pertaining to the declaration of future dividends 
and SRC's dividend reinvestment plan. Forward-looking statements or 
information are based on a number of expectations or assumptions which have 
been used to develop such statements and information but which may prove to be 
incorrect. The payment of dividends is not guaranteed and the amount and 
timing of any dividends payable by SRC will be at the discretion of the Board 
of Directors and will be established on the basis of SRC's earnings, the 
satisfaction of solvency tests imposed by applicable corporate law for the 
declaration and payment of dividends, and other relevant factors. Although 
SRC believes the expectations and assumptions reflected in such 
forward-looking information and statements are reasonable, undue reliance 
should not be placed on forward-looking information and statements because SRC 
can give no assurance that such expectations and assumptions will prove to be 
correct. The forward-looking information and statements included in this 
news release are not guarantees of future performance and should not be unduly 
relied upon. Such information and statements, including the assumptions made 
in respect thereof, involve known and unknown risks, uncertainties and other 
factors, which may cause actual results or events to differ materially from 
those anticipated in such forward-looking information or statements, 
including, without limitation, those listed under the heading "Risk Factors" 
in SRC's annual information form dated March 29, 2012. Should one or more of 
these risks or uncertainties materialize, or should assumptions underlying the 
forward-looking information and statements prove incorrect, actual results, 
performance or achievements could vary materially from those expressed or 
implied by the forward-looking information and statements contained in this 
news release. 
The forward-looking information and statements contained in this news release 
speak only as of the date of this news release, and SRC does not assume any 
obligation to publicly update or revise any of the included forward-looking 
statements or information, whether as a result of new information, future 
events or otherwise, except as may be expressly required by applicable 
securities laws. 
Stephen Yuzpe Chief Financial Officer Sprott Resource Corp. 200 Bay Street, 
Suite 2750 Toronto, Ontario M5J 2J2 Tel: (416) 977-7333 Fax: (416) 977-9555 
SOURCE: Sprott Resource Corp. 
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CO: Sprott Resource Corp.
ST: Ontario
-0- Feb/25/2013 22:47 GMT
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