Mr. Michael Harrison reports

SPROTT PRIVATE RESOURCE STREAMING AND ROYALTY ANNEX FUND COMPLETES FINAL CLOSING

Sprott Inc.'s Sprott Private Resource Streaming and Royalty Annex Fund has completed its final closing, raising a total of $310-million (U.S.). With the close of the annex fund, total assets under management of Sprott Resource Streaming and Royalty Corp. (Sprott Streaming) stands at $1.1-billion (U.S.) within the company's private strategies segment.

"We are pleased with the successful closing of the annex fund," said Michael Harrison, managing partner of Sprott Streaming. "The global market for metals is growing and we are well positioned to provide financing to miners to acquire and bring projects into production to meet increased metal demand. Through our investments, we have partnered with 19 developers and producers, and have developed a strong pipeline of opportunities, while growing cash distributions paid to investors."

"We appreciate the support from the limited partners that have invested in the annex fund and those existing investors that increased their investment commitment to the streaming and royalty strategy. We seek to provide our investors with diversified long-duration exposure to commodity prices and production levels across precious and base metals with a focus on materials required for batteries and the energy transition," said Caroline Donally, managing partner of Sprott Streaming. "Limited partners in the annex fund include large public pension plans, foundations, endowments and family offices."

About Sprott Inc.

Sprott is a global leader in precious metal and energy transition investments. Sprott is a specialist. Its in-depth knowledge, experience and relationships separate the company from the generalists. Sprott's investment strategies include exchange-listed products, managed equities and private strategies. Sprott has offices in Toronto, New York and Connecticut and the company's common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol SII.

About Sprott Resource Streaming and Royalty Corp.

Sprott Streaming provides flexible, creative structured financing solutions to mining companies. In return for an upfront payment, royalties and streams share in a project's long-term revenues and metal production, respectively, in a way that aligns financing with the production schedule. Sprott Streaming evaluates investment opportunities globally across a diversified set of commodities, including precious, base and energy transition metals.