Sprott Announces Joint Venture to Form New Offshore Fund with Zijin Mining Group Company Ltd.

Sprott Announces Joint Venture to Form New Offshore Fund with Zijin Mining 
Group Company Ltd. 
TORONTO, March 20, 2013 /CNW/ - Sprott Inc. (TSX: SII) ("Sprott" or the 
"Company") today announced that Sprott has entered into a joint venture 
agreement ("the JV Agreement") with Zijin Mining Group Co., Ltd. ("Zijin"), 
one of the largest gold and copper producers in China, to set up an offshore 
global mining fund ("the Fund"). 
The Fund will focus primarily on investment opportunities in equities and debt 
instruments of precious metals producers. The Fund will be co-managed by 
affiliates of Sprott and Zijin. Under the JV Agreement, Americas Now Resources 
Investment Management Corp. has agreed to provide technical and marketing 
services. 
The target size of the Fund is US$500 million. Zijin has agreed to make 
capital contributions of US$100 million, while Sprott will provide initial 
capital contributions of US$10million. The Fund will raise additional 
commitments from other investors, primarily in China. 
The launch of the Fund is conditional on Sprott receiving the necessary 
regulatory approvals in Canada and Zijin receiving the relevant regulatory 
approvals in the People's Republic of China. 
Forward-Looking Statements 
This release contains "forward-looking statements" which reflect the current 
expectations of the Company. These statements reflect management's current 
beliefs with respect to future events and are based on information currently 
available to management. Forward-looking statements involve significant known 
and unknown risks, uncertainties and assumptions. Many factors could cause 
actual results, performance or achievements to be materially different from 
any future results, performance or achievements that may be expressed or 
implied by such forward-looking statements including, without limitation, 
those listed under the heading "Risk Factors" in the Company's annual 
information form dated March 27, 2012. Should one or more of these risks or 
uncertainties materialize, or should assumptions underlying the 
forward-looking statements prove incorrect, actual results, performance or 
achievements could vary materially from those expressed or implied by the 
forward-looking statements contained in this release. Although the 
forward-looking statements contained in this release are based upon what the 
Company believes to be reasonable assumptions, the Company cannot assure 
investors that actual results, performance or achievements will be consistent 
with these forward-looking statements. These forward-looking statements are 
made as of the date of this release and the Company does not assume any 
obligation to update or revise them to reflect new events or circumstances. 
About Sprott Inc. 
Sprott Inc. is a leading alternative 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. Sprott U.S. Holdings Inc. includes Sprott Global Resource 
Investments Ltd, Sprott Asset Management USA Inc., and Resource Capital 
Investments Corporation. Sprott Inc. is headquartered in Toronto, Canada, and 
is listed on the Toronto Stock Exchange under the symbol "SII". For more 
information on Sprott Inc., please visit www.sprottinc.com. 
Glen Williams Director of Communications Sprott Inc. (416) 943-4394 
gwilliams@sprott.com 
SOURCE: Sprott Inc. 
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CO: Sprott Inc.
ST: Ontario
NI: FIN VNT COS  
-0- Mar/20/2013 17:14 GMT
 
 
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