Press Release

Sprott 2014 Flow-Through Limited Partnership Announces Completion of Rollover Transaction

TORONTO, Feb. 25, 2016 (GLOBE NEWSWIRE) -- Sprott 2014 Flow-Through Limited Partnership (the “Partnership”) announced today that it had completed the tax-deferred transfer of the assets of the Partnership (the “Mutual Fund Rollover Transaction”) into Sprott Resource Class (the “Resource Fund”) of Sprott Corporate Class Inc. on February 24, 2016, as discussed in the Partnership’s press release of December 21, 2015. The Partnership was subsequently dissolved on February 25, 2016.

1,606,050 Series A shares of the Resource Fund (“Fund Shares”) were issued at their net asset value of $5.2737 per Fund Share.  The final net asset value per Partnership unit for purposes of the Mutual Fund Rollover Transaction was $12.3088 per Partnership unit. Accordingly, each holder of Partnership units will receive 2.3340 Fund Shares for each Partnership unit held. The adjusted cost base for each Partnership unit was $3.87 per Partnership unit and the adjusted cost base for each allocated Fund Share was $1.66 per Fund Share.

For investors looking for another tax-advantaged investment, Sprott has filed and received a receipt for a preliminary prospectus dated February 24, 2016 offering units of a new flow-through limited partnership, Sprott 2016 Short Duration Flow-Through Limited Partnership. The preliminary prospectus contains important detailed information about the securities being offered. Investors should read the prospectus before making an investment decision.

Additional information: The prospectus for the Resource Fund is available at www.sprott.com, through a broker or by calling Sprott Asset Management LP at 1-866-299-9906. Information about the Sprott 2016 Short Duration Flow-Through Limited Partnership is available through the dealers or by contacting us directly at 1-866-299-9906 or invest@sprott.com.

About Sprott Asset Management LP

Sprott Asset Management LP is a leading independent asset management company headquartered in Toronto, Canada. The company manages the Sprott family of mutual funds, hedge funds, physical bullion funds and specialty products and is dedicated to achieving superior returns for its investors over the long term. The company also manages discretionary managed accounts. Please visit us at www.sprott.com to learn more about our investment professionals and their market insights.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the relevant Fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.  The information contained herein does not constitute an offer or solicitation to anyone in the United States or in any other jurisdiction in which such an offer or solicitation is not authorized or to any person to whom it is unlawful to make such an offer or solicitation.  Prospective investors should consult their financial advisor to determine if such Funds may be sold in their jurisdiction.

Source: Sprott Asset Management

For further information, please contact us at 1 (416) 362-7172 or 1(866) 299-9906 or invest@sprott.com.

You are now leaving Sprott.com and entering a linked website. Sprott has partnered with ALPS in offering ETF products. 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 www.SprottETFs.com

An investor should consider investment objectives, risks, charges and expenses carefully before investing. The prospectuses contain this and other important information. For more information about the ETFs or to obtain a prospectus, call 1.855.215.1425. Read the prospectuses carefully before investing. The ETFs are distributed by ALPS Distributors, Inc. ALPS Advisors, Inc. is the investment adviser to the ETFs and Sprott Asset Management LP is the investment sub-adviser. Sprott is not affiliated with ALPS.

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