SPROTT INC. DECLARES SPECIAL DIVIDEND

TORONTO, Jan. 10 /CNW/ -- 
TORONTO, Jan. 10 /CNW/ - Sprott Inc. (TSX: SII) today declared an
 interim special eligible dividend of $0.60 per common share for the
 year ended December 31, 2010, payable on February 3, 2011 to
 shareholders of record at the close of business on January 19, 2011.


The Company expects that, once its annual financial statements have been
 audited and approved by the Board of Directors, that the Board of
 Directors will resolve to have the Company pay out, by way of special
 dividend to its shareholders, an additional amount, which, together
 with the interim special dividend declared today, will represent most
 of the Performance Fees (net of related bonuses, expenses and taxes)
 earned for the year.


Non-GAAP Financial Measures


This press release includes financial terms (including Performance Fees)
 that the Company utilizes to assess the financial performance of its
 business that are not measures recognized under Canadian generally
 accepted accounting principles ("GAAP"). These non-GAAP measures should
 not be considered alternatives to performance measures determined in
 accordance with GAAP and may not be comparable to similar measures
 presented by other issuers. For additional information regarding the
 Company's use of non-GAAP measures, including the calculation of these
 measures, please refer to the "Non-GAAP Financial Measures" section of
 the Company's Management's Discussion and Analysis and its financial
 statements available on the Company's website at www.sprottinc.com and
 on SEDAR at www.sedar.com.


Forward-Looking Statements 


This release contains "forward-looking statements" which reflect the
 current expectations of the Company. These statements reflect
 management's current beliefs with respect to future events and are
 based on information currently available to management. Forward-looking
 statements involve significant known and unknown risks, uncertainties
 and assumptions. Many factors could cause actual results, performance
 or achievements to be materially different from any future results,
 performance or achievements that may be expressed or implied by such
 forward-looking statements including, without limitation, those listed
 under the heading "Risk Factors" in the Company's annual information
 form dated March 30, 2010. Should one or more of these risks or
 uncertainties materialize, or should assumptions underlying the
 forward-looking statements prove incorrect, actual results, performance
 or achievements could vary materially from those expressed or implied
 by the forward-looking statements contained in this release. These
 forward-looking statements are made as of the date of this release and
 the Company does not assume any obligation to update or revise them to
 reflect new events or circumstances.


About Sprott Inc.


Sprott Inc. is a leading independent asset manager dedicated to
 achieving superior returns for its clients over the long term. The
 Company currently operates through three business units: Sprott Asset
 Management LP, Sprott Private Wealth LP and Sprott Consulting LP. 
 Sprott Asset Management is the investment manager of the Sprott family
 of mutual funds and hedge funds and discretionary managed accounts;
 Sprott Private Wealth provides wealth management services to high net
 worth individuals; and Sprott Consulting provides management,
 administrative and consulting services to other companies, including
 Sprott Resource Corp. (TSX: SCP) and Sprott Resource Lending Corp.
 (TSX: SIL) (NYSE AMEX: SILU).  Sprott Inc. is headquartered in Toronto,
 Canada, and is listed on the Toronto Stock Exchange under the symbol
 "SII". For more information on Sprott Inc., please visit www.sprottinc.com.


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