Sprott Appoints New Director TORONTO, Jan. 09,

TORONTO, Jan. 09, 2017 (GLOBE NEWSWIRE) -- Sprott Inc. (TSX: SII ) (“Sprott” or the “Company”) announces the appointment of a new director, effective January 9, 2017. Ron Dewhurst has been appointed to the Sprott Board of Directors and will stand for re-election at the Company's next Annual General Meeting.

“With more than 40 years of experience in the asset management and investment banking industries, Ron has a long track record of guiding the growth of successful asset managers and we are pleased to welcome him to the board,” said Peter Grosskopf, Chief Executive Officer and Director of Sprott Inc.

Over the course of his career, Mr. Dewhurst has held many senior leadership roles in the US and Australia, most recently serving as Executive Vice President and Head of Global Investment Managers for Legg Mason Inc. Prior to joining Legg Mason, Mr. Dewhurst’s previous roles included terms as Chief Executive Officer of ANZ McCaughan Ltd., Managing Director at IOOF Holdings Ltd, and Head of Americas for JP Morgan Asset Management.

Mr. Dewhurst has held a number of Board positions, including directorships at Australian United Investment Company, IOOF Holdings Ltd, Orchard Petroleum Ltd, Rhinomed Ltd, One Vue Holdings, The National Gallery of Victoria and The Breast Cancer Network of Australia.

About Sprott

Sprott Inc. is a global alternative asset manager with three primary lines of business: Private Resources; Exchange Listed Products; and Alternative Investment Management. The Private Resource business platform houses the Company's private resource-focused asset management activities; the Exchange Listed Products business platform houses the Company's closed-end physical trusts and exchange traded funds ("ETFs"); and the Diversified Alternative Asset Management business platform houses the Company's full suite of public mutual funds, alternative investment strategies and managed accounts. Sprott Asset Management LP is the principal subsidiary of Sprott Inc. and the manager of both the Exchange Listed Products business line and the Diversified Alternative Investment Management business line. For more information, please visit www.sprottinc.com

Investor contact information: Glen Williams Head of Investor Relations (416) 943-4394 gwilliams@sprott.com