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Sprott Provides Update on Joint Venture

TORONTO , July 4, 2013 /CNW/ - Sprott Inc. (TSX: SII) ("Sprott" or the "Company") today ...

articleSprott Inc.July 4, 20134/company/sprott-inc/news/sprott-provides-update-on-joint-venture
Sprott Provides Update on Joint Venture

About this update from Sprott Inc.

[{"type":"text","content":"\n\n\nTORONTO, July 4, 2013 /CNW/ - Sprott Inc. (TSX: SII) (\"Sprott\" or the\n \"Company\") today announced that the previously announced joint venture\n with CITICPE Hongkong Mgt. Co. Limited to set up an offshore global\n resource fund will not proceed. \n\n\nForward-Looking Statements \n\n\nThis release contains \"forward-looking statements\" which reflect the\n current expectations of the Company. These statements reflect\n management's current beliefs with respect to future events and are\n based on information currently available to management. Forward-looking\n statements involve significant known and unknown risks, uncertainties\n and assumptions. Many factors could cause actual results, performance\n or achievements to be materially different from any future results,\n performance or achievements that may be expressed or implied by such\n forward-looking statements including, without limitation, those listed\n under the heading \"Risk Factors\" in the Company's annual information\n form dated March 26, 2013. Should one or more of these risks or\n uncertainties materialize, or should assumptions underlying the\n forward-looking statements prove incorrect, actual results, performance\n or achievements could vary materially from those expressed or implied\n by the forward-looking statements contained in this release. Although\n the forward-looking statements contained in this release are based upon\n what the Company believes to be reasonable assumptions, the Company\n cannot assure investors that actual results, performance or\n achievements will be consistent with these forward-looking statements.\n These forward-looking statements are made as of the date of this\n release and the Company does not assume any obligation to update or\n revise them to reflect new events or circumstances.\n\n\nAbout Sprott Inc.\n\n\nSprott Inc. is a leading alternative asset manager dedicated to\n achieving superior returns for its clients over the long term. The\n Company currently operates through four business units: Sprott Asset\n Management LP, Sprott Private Wealth LP, Sprott Consulting LP, and\n Sprott U.S. Holdings Inc. Sprott Asset Management is the investment\n manager of the Sprott family of mutual funds and hedge funds and\n discretionary managed accounts; Sprott Private Wealth provides wealth\n management services to high ...

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