Press Release

Sprott Inc. announces date for Q1 2012 earnings release, conference call and Annual General Meeting

TORONTO, May 1, 2012 /CNW/ - Sprott Inc. (TSX:SII) today announced that it will host a conference call on Wednesday, May 9, 2012 at 10:00 a.m. ET to discuss its 2012 first quarter financial results. Peter Grosskopf, CEO of Sprott Inc., will chair the call. The Company plans to release its financial results at 7:00 a.m. ET the same day.

Conference Call Details
To participate in the call, please dial 647-427-7450 or 1-888-231-8191 ten minutes prior to the scheduled start of the call. A taped replay of the conference call will be available until Wednesday, May 16, 2012 by calling 416-849-0833 or 1-855-859-2056, reference number 76237551. The conference call will be webcast live at www.sprottinc.com and www.newswire.ca

Annual General Meeting
The Annual General Meeting of Shareholders will be held on May 23, 2012 at 4:00 p.m. ET at the Toronto Board of Trade, 77 Adelaide Street West Toronto, ON.

The Annual General Meting will be webcast live at www.sprottinc.com and http://www.newswire.ca.

Archived replays of the webcasts will be available for 365 days.

About Sprott Inc.
Sprott Inc. is a leading independent 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, including Sprott Resource Corp. (TSX: SCP), Sprott Resource Lending Corp. (TSX: SIL) (NYSE AMEX: SILU) and Sprott Power Corp. (TSX: SPZ). Sprott U.S. Holdings Inc. includes 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.

Important Message

You are now leaving Sprott.com and entering a linked website. Sprott has partnered with ALPS in offering Sprott ETFs. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETFs, you will be directed to the ALPS/Sprott website at SprottETFs.com.

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Important Message

You are now leaving Sprott.com and entering a linked website. Sprott Asset Management is a sub-advisor for several mutual funds on behalf of Ninepoint Partners. For details on these funds, you will be directed to the Ninepoint Partners website at ninepoint.com.

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