Business
SPROTT INC. ANNOUNCES INDIRECT ACQUISITION OF CONTROL OF COMMON SHARES OF KIRKCALDY CAPITAL CORP. THROUGH RESOURCE CAPITAL INVESTMENTS CORP.
Apr. 29, 2011 (Canada NewsWire Group) -- TORONTO, April 29 /CNW/ - In connection with its pre...
About this update from Sprott Inc.
[{"type":"text","content":"\n\n\n Apr. 29, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, April 29 /CNW/ - In connection with its previously announced\n acquisition of all of the outstanding stock of Global Resource\n Investments Ltd., Terra Resource Investment Management Inc. and\n Resource Capital Investments Corp., Sprott Inc. (TSX: SII) ("Sprott")\n acquired indirect direction or control over 4,000,000 common shares\n ("Shares") of Kirkcaldy Capital Corp. ("Kirkcaldy Capital")\n representing 61.54% of the outstanding common shares of Kirkcaldy\n Capital. Kirkcaldy Capital is a capital pool corporation (TSXV: KRKP).\n\n\nResource Capital Investments Corp. (RCIC) is the general partner for six\n limited partnerships including Exploration Capital Partners 2006\n Limited Partnership ("Exploration Capital"). On October 27, 2010,\n Exploration Capital acquired the Shares. On January 25, 2011, Kirkcaldy\n Capital became a reporting issuer in the Provinces of British Columbia,\n Alberta and Ontario.\n\n\nThe Shares were acquired in October 2010 and are held by Exploration\n Capital for investment purposes and it may increase or decrease its\n investment in Kirkcaldy Capital depending on market conditions or any\n other relevant factors.\n\n\nSprott Inc.\n2700 - 200 Bay St.\nSouth Tower, Royal Bank Plaza\nToronto, Ontario M4J 2J1\n\n\n\n\n To obtain a copy of the report required pursuant to early warning requirements, please contact: Steven Rostowsky Chie...