Sprott Resource Holdings Investor FAQ

Where are your common shares traded?
Our common shares trade on the Toronto Stock Exchange under the symbol SRHI.

How many shares does Sprott Resource Holdings Inc. ("SRH" or the "Company") have outstanding?
We have 681,680,846 common shares issued and outstanding as of October 2, 2017.

Who is your transfer agent?
TSX Trust Company. For further information, please visit the transfer agent’s administrative agent’s website at  www.tsxtrust.com

Do you have any warrants issued and outstanding?
There are currently 201,138,560 warrants issued and outstanding as of October 2, 2017

What is the relationship between SRH and Sprott Consulting Limited Partnership ("SCLP")?
SCLP manages the affairs of SRH pursuant to the terms of a Management Services Agreement (the "MSA"). 

Where can I get a copy of the MSA?
A copy of the MSA can be obtained by clicking here.

What fees does SRH pay to SCLP?
In consideration for the management and administrative services provided by SCLP to SRH pursuant to the MSA, we pay a quarterly management services fee to SCLP equal to 0.5% of the Quarterly Net Asset Value of SRH for such fiscal quarter, less the total remuneration paid directly by SRH to all persons nominated by SCLP as employees, officers or directors of SRH who provide investment management services to SRH. The "Quarterly Net Asset Value of SRH" on each valuation date is the amount equal to the average of the Net Asset Value of SRH (as defined in the MSA) as of the end of such fiscal quarter and the Net Asset Value of SRH as of the end of the immediately preceding fiscal quarter. 

What is the relationship between SRH and Sprott Inc.?
We have common officers and directors with Sprott Inc. As well, Sprott Inc. is the sole limited partner of SCLP, the manager of SRH. SRH has a standing Conflict Resolution Committee composed solely of independent directors of the Company.  The Conflict Resolution Committee is responsible for making recommendations to the Board regarding matters in respect of which those members of the Board who are nominees of Sprott Inc., may have a conflict of interest due to their relationship with Sprott Inc.

Do you have a stock option plan?
Yes. The Company has a stock option plan for employees and directors of the Company. There are 4,300,000 options outstanding at June 30, 2017.

Do you have a deferred share unit ("DSU") plan?
Yes. On August 13, 2013, Sprott Resource Corp. ("SRC") adopted a deferred share unit ("DSU") plan for the independent directors of SRC and issued DSU’s to independent directors of SRC in 2013 and 2014. There are 401,040 deferred share units outstanding as of December 31, 2016, and as of February 9, 2017. There are no current plans to issue DSUs to the directors and officers of the Company in the future.

Is there an equity incentive plan for employees and directors?
Yes. On May 21, 2014, the Company adopted the Sprott Resource Corp. 2014 Employee Profit Sharing Plan (the "EPSP") an equity incentive plan for its eligible full-time employees and directors (collectively, the "Members").  Pursuant to the EPSP, Common Shares may be purchased in the open market or from a third party by the independent trustee(s) under the EPSP and the Common Shares so purchased shall be designated for the account of the particular Member in accordance with the Company’s written direction. Members shall have no interest in or entitlement to such awards until such time as the awards have been distributed to him or her or disposed of by the EPSP, in accordance with the terms of the EPSP and the Member’s applicable employment or other contract entitling him or her to benefits under the EPSP.  There are 1,731,398 unvested common shares held by the EPSP as of June 30, 2017.

What is your current NAV (net asset value)?
We do not disclose our NAV on a current basis. Our net assets (total asset less total liabilities) as of the most recently completed quarter can be obtained from our consolidated financial statements.

Where can I access your latest financial reports and other regulatory filings?
Please click here to access our latest financial reports. All regulatory filings, including financial reports, can be found on SEDAR (www.sedar.com).




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