Mr. John Ciampaglia of Sprott Asset Management reports

SPROTT LAUNCHES COPPER MINERS ETF

Sprott Inc.'s Sprott Asset Management LP has launched the Sprott Copper Miners ETF (COPP), the only United States-listed ETF (exchange-traded product) to provide pure play exposure to large-, mid- and small-cap copper miners that supply a critical material necessary for the energy transition. The ETF is the most recent addition to Sprott's suite of critical materials-focused ETFs and is Sprott's second copper mining fund, joining the Sprott Junior Copper Miners ETF (COPJ), which launched in February, 2023.

"Global commitments to meet net-zero emissions by 2050 are reliant upon copper-intensive electrification initiatives, such as expanding power grids, building clean energy infrastructure like wind turbines and solar panels, and manufacturing more electric vehicles," said John Ciampaglia, chief executive officer of Sprott Asset Management. "Despite growing investor interest in copper as the energy transition gains momentum, it's been challenging for investors to gain targeted exposure to copper miners. We're pleased to offer a focused opportunity to invest in copper miners through this ETF."

The Sprott Copper Miners ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Copper Miners Index (NSCOPP). The index is designed to track the performance of a selection of global securities in the copper industry, including copper producers, developers and explorers.

COPP is part of Sprott's energy transition ETF suite, which is focused on the investment opportunity of the critical materials needed to generate, transmit and store cleaner energy. The suite includes the ETFs shown in the associated table.

About Sprott Asset Management LP

Sprott Asset Management is a wholly owned subsidiary of Sprott Inc. Sprott is a global leader in precious metals and critical materials investments. It 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, Connecticut and California, and the company's common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol SII.