Press Release

Sprott Inc. declares fourth quarter 2009 dividend

TORONTO, Feb. 17 /CNW/ - Sprott Inc. (TSX:SII) today declared an eligible dividend of $0.025 per common share for the quarter ended December 31, 2009, payable on March 16, 2010 to shareholders of record at the close of business on March 1, 2010.

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 three distinct business units: Sprott Asset Management LP, Sprott Private Wealth LP and Sprott Consulting LP. 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 SRC (TSX: SCP). 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.

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