Press Release

Sprott Adds Specialized Expertise to Alternative Income Team

TORONTO, May 26, 2016 (GLOBE NEWSWIRE) -- Sprott Asset Management ("Sprott") is pleased to announce that Ramesh Kashyap has joined the firm as Senior Vice President of Sprott's Alternative Income Group. Ramesh will enhance Sprott's due diligence and oversight capabilities and help maintain the firm's commitment to best practices in its alternative income product line. He will also contribute to new product development and the evaluation of potential acquisitions in the alternative income space. Ramesh has more than 15 years of experience in commercial and private lending and previously held progressively senior positions at leading lenders including GE Capital, Wells Fargo and a CIBC joint venture with CIT Group.

"At Sprott, we are committed to being leaders in the alternative income space in Canada," said James Fox, President of Sprott. "Ramesh strengthens our team and gives us additional specialized internal expertise that will help support our growing suite of alternative income product offerings."

Sprott's alternative income products include: Sprott Private Credit Trust, Sprott Bridging Income Fund, Sprott Credit Opportunities Fund and Sprott Diversified Bond Fund.

About Sprott Asset Management

Sprott Asset Management is a leading alternative asset manager headquartered in Toronto, Canada. The company manages the Sprott family of alternative investment strategies, exchange-listed products and discretionary managed accounts. Please visit www.sprott.com  to learn more.

Glen Williams
Director of Communications
(416) 943-4394
gwilliams@sprott.com

Source: Sprott Asset Management

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