Sprott Resource Holdings Announces Marketed Offering of Units
Sprott Resource Holdings Announces Marketed Offering of Units
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERV ICES OR
FOR DISSEMINATION IN THE UNITED STATES
Toronto, March 6, 2017 – Sprott Resource Holdings Inc. (“ SRHI ”) (TSX: SRHI) announced today
that is has filed a preliminary short form prospect us (the “ Prospectus ”) in connection with a “best
efforts” marketed offering (the “ Offering ”) of units (the “ Offered Units ”). Each Offered Unit consists
of one class “A” common share in the capital of SRHI (a “ Common Share ”) and one Common Share
purchase warrant in the capital of SRHI (a “ Warrant ”). Each Warrant will expire on February 9, 2022
and has a strike price of $0.333 per Common Share. A syndicate of Agents for the Offering is being
led by Sprott Capital Partners, a division of Sprot t Private Wealth LP, and includes Haywood
Securities Inc.
The Offered Units will be offered by way of the Pro spectus which has been filed in all of the
provinces of Canada, excluding Québec, pursuant to National Instrument 44-101 Short Form
Prospectus Distributions , and in the United States on a private placement b asis pursuant to an
exemption from the registration requirements of the United States Securities Act of 1933, as
amended (the “ U.S. Securities Act ”). The Prospectus contains important information r elating to the
Offering and is still subject to completion or amen dment. For more information, potential investors
should read the Prospectus which is available on SE DAR at www.sedar.com. There will not be any
sale or any acceptance of an offer to buy the Offer ed Units until a receipt for the final short form
prospectus has been issued.
SRHI intends to use the net proceeds of the Offerin g towards making investments in the natural
resources sector and for general working capital purposes.
The Offering will be priced in the context of the m arket with the final terms of the Offering to be
determined at the time of pricing. Closing of the O ffering will be subject to customary closing
conditions including, without limitation, receipt of all regulatory and stock exchange approvals.
This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any
securities, nor shall there be any sale of securiti es in any jurisdiction in which such offer or sale
would be unlawful. The Offered Units, Common Shares and Warrants, as well as the Common
Shares issuable upon exercise of the Warrants, have not been and will not be registered under the
U.S. Securities Act, or any securities or “blue sky ” laws of any of the states of the United States.
Accordingly, such securities may not be offered or sold within the United States except in
accordance with an exemption from the registration requirements of the U.S. Securities Act and
applicable state securities laws.
About Sprott Resource Holdings Inc.
SRHI is a publicly-listed corporation transitioning into a diversified holding company focused on
holding businesses in the natural resource industry . Based in Toronto, SRHI is part of the Sprott
Group of Companies and is managed by a team of lead ing resource investment professionals.
SRHI’s current holdings are concentrated in the min ing, energy and agriculture sectors. SRHI takes
an active role in the companies in which it invests and is committed to being a high-value partner to
the management teams it backs and the co-investors who invest alongside SRHI. For more
information about SRHI, please visit www.sprottresource.com .
Forward-Looking Information and Statements
Certain statements in this press release contain fo rward-looking information (collectively referred to
herein as the “ Forward-Looking Statements ”) within the meaning of applicable securities laws
including, but not limited to, statements about: the completion of the proposed Offering, the expected
use of proceeds from the Offering, the receipt of r egulatory and other required approvals for the
Offering, expectations regarding trading on the TSX , and similar statements concerning anticipated
future events, results, circumstances, performance or expectations, that reflect management’s
current expectations and are based on information c urrently available to management of SRHI and
its subsidiaries.
Forward-Looking Statements are based on a number of expectations or assumptions which have
been used to develop such statements and informatio n but which may prove to be incorrect.
Although management believes the expectations and a ssumptions reflected in such Forward-
Looking Statements are reasonable, undue reliance s hould not be placed on Forward-Looking
Statements because management can give no assurance that such expectations and assumptions
will prove to be correct. The Forward-Looking State ments included in this news release are not
guarantees of future performance and should not be unduly relied upon. Such information and
statements, including the assumptions made in respe ct thereof, involve known and unknown risks,
uncertainties and other factors, which may cause ac tual results or events to differ materially from
those anticipated in such Forward-Looking Statement s, including, but not limited to, a failure to
obtain necessary regulatory and other third party a pprovals and SRHI’s inability to complete the
Offering. The foregoing factors are not exhaustive. Additional information on other factors that could
affect the operations or financial results of SRHI are included in reports on file with applicable
securities regulatory authorities, including, but n ot limited to, those listed under the heading “Risk s
relating to the Company generally” in SRHI’s Manage ment’s Discussion and Analysis for the Year
Ended December 31, 2016. Should one or more of these risks or uncertainties materialize, or should
assumptions underlying the Forward-Looking Statemen ts prove incorrect, actual results,
performance or achievements could vary materially f rom those expressed or implied by the Forward
Looking Statements contained in this news release.
The Forward-Looking Statements contained in this ne ws release speak only as of the date of this
news release, and SRHI does not assume any obligati on to publicly update or revise any of the
included Forward-Looking Statements, whether as a r esult of new information, future events or
otherwise, except as may be expressly required by applicable securities laws.
Contact:
Glen Williams
Director of Communications
Sprott Group of Companies
T: 416-943-4394
Source: Sprott Resource Holdings Inc.