Mr. Michael Staresinic reports

SRHI INC. APPOINTS MICHAEL STARESINIC TO THE BOARD OF DIRECTORS

Sprott Resource Holdings Inc. has increased the size of its board of directors from five to six members and has appointed Michael Staresinic to the board of directors, effective immediately.

Mr. Staresinic also serves as Sprott Resource's president and chief financial officer. Mr. Staresinic has 20 years of experience in financial services and mining, and previously served as the CFO of the company since 2013. Prior to, Mr. Staresinic was the vice-president of finance at Sprott Inc., where he was also a key member of the mergers and acquisitions team. Over the course of his career, Mr. Staresinic has gained experience in mining, private equity, private debt, real estate asset management, hedge funds, mutual funds and managed futures. Mr. Staresinic is a chartered professional accountant, chartered accountant, CFA charterholder and a chartered alternative investment analyst. He holds an honours bachelor of mathematics in chartered accountancy from the University of Waterloo and holds the ICD.D designation from the Institute of Corporate Directors.

About Sprott Resource Holdings Inc.

Sprott Resource is currently focused on expanding the Minera Tres Valles copper mining operation in Chile and divesting its investment portfolio.

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