SPROTT INC. DECLARES SPECIAL ANNUAL AND FOURTH QUARTER 2011 DIVIDEND

Mar. 22, 2011 (Canada NewsWire Group) --

TORONTO, March 22 /CNW/ - Sprott Inc. (TSX: SII) today declared a second special eligible dividend of $0.12 per common share for the year ended December 31, 2010 and a fourth quarter eligible dividend of $0.03 per common share for the quarter ended December 31, 2010, both payable on April 15, 2011 to shareholders of record at the close of business on March 31, 2011.

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 four business units: Sprott Asset Management LP, Sprott Private Wealth LP, Sprott Consulting LP, and Sprott U.S. Holdings Inc.  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 Sprott Resource Corp. (TSX: SCP), Sprott Resource Lending Corp. (TSX: SIL) (NYSE AMEX: SILU) and Sprott Power Corp. (TSX: SPZ). Sprott U.S. Holdings Inc. includes Global Resource Investments Ltd, Terra Resource Investment Management Inc., and Resource Capital Investments Inc. 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.

Investor contact information: (416) 203-2310 or 1 (877) 403-2310 or ir@sprott.com.