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Sprott Resource Holdings Inc. Announces Results of its Annual Meeting of Shareholders

Shareholder Meetings

Sprott Resource Holdings Inc. Announces Results of its Annual Meeting of

Shareholders

TORONTO, June 23, 2020 -- Sprott Resource Holdings Inc. (“SRHI” or the “Corporation”) (TSX: SRHI) reported the

results of its Annual Meeting of the Corporation's shareholders (the “Shareholders”) held earlier today via live

video conference (the “Meeting”). SRHI is pleased to announce that all matters disclosed in the Management

Information Circular dated May 12, 2020 were approved by the Shareholders.

At the Meeting, each of the following five proposed nominees was elected as a director of SRHI:

Nominee Votes For % For Votes Withheld % Withheld

Lenard F. Boggio 10,016,716 92.61 799,795 7.39

Joan E. Dunne 10,023,198 92.67 793,313 7.33

Bo Liu 9,962,874 92.11 853,637 7.89

Terrence A. Lyons 9,969,815 92.17 846,696 7.83

David Smith 10,018,666 92.62 797,845 7.38

About Sprott Resource Holdings Inc.

SRHI is a publicly -listed company currently f ocused on expanding the Minera Tres Valles copper mining

operation in Chile and divesting of its investment portfolio. Based in Toronto, SRHI is managed by a team of

resource professionals and its businesses and portfolio investments are concentrated in th e mining sector. For

more information about SRHI, please visit www.srhi.ca.

For further information:

Michael Staresinic

Chief Financial Officer

T: (416) 943-7107

E: [email protected]