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 34,082,992 common shares issued and outstanding as of November 7, 2018. On August 13, 2018, SRH completed a consolidation of its share capital on the basis of twenty existing common shares for one new common share.

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 November 7, 2018. Twenty warrants are exercisable into one common share of the Company at a total exercise price of $6.66.

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 175,000 options outstanding at November 7, 2018.

Is there an equity incentive plan for employees and directors?
Yes. The Company adopted an 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.  

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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