Sprott Inc. Declares Second Quarter 2020 Dividend
August 06 2020 - 1:30PM
Sprott Inc. (“Sprott” or the “Company”)
(NYSE/TSX:
SII) announced today that its Board of Directors has
declared a dividend of US$0.23 per common share, payable on
September 1, 2020 to shareholders of record at the close of
business on August 17, 2020.
Registered shareholders who are residents of
Canada as reflected in the Company’s shareholders register, as well
as beneficial holders (i.e., shareholders who hold their common
shares through a broker or other intermediary) whose intermediary
is a participant in CDS Clearing and Depositary Services Inc. or
its nominee, CDS & Co. (“CDS”), will receive their dividend in
Canadian dollars, calculated based on the spot price exchange rate
on September 1, 2020. Registered shareholders resident outside of
Canada as reflected in Sprott’s shareholders register, including
the United States, as well as beneficial holders whose intermediary
is a participant in The Depository Trust Company or its nominee,
Cede & Co., will receive their dividend in U.S. dollars.
However, beneficial holders whose intermediary is a participant in
CDS, may elect to change the currency of their dividend payments to
U.S. dollars and can contact their broker for more details.
Registered shareholders, other than CDS, who are residents of
Canada and wish to receive their dividend in U.S. dollars should
make arrangements to deposit their common shares with CDS, and make
a currency election, prior to August 17, 2020.
The dividend is designated as an eligible
dividend for Canadian income tax purposes.
About SprottSprott is an
alternative asset manager and a global leader in precious metal
investments. Through its subsidiaries in Canada, the US and Asia,
Sprott is dedicated to providing investors with specialized
investment strategies that include Exchange Listed Products,
Managed Equities, Lending, and Brokerage. Sprott’s common shares
are listed on the New York Stock Exchange under the symbol (NYSE:
SII) and the Toronto Stock Exchange under the symbol (TSX: SII).
For more information, please visit www.sprott.com.
Investor contact
information:
Glen WilliamsManaging Director(416)
943-4394gwilliams@sprott.com
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