TORONTO, May 03, 2017 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (TSX:SRHI) ("SRHI" or the "Company") today announced its financial results for the three-months ended March 31, 2017. SRHI was formed in February 2017 via a business combination between Sprott Resource Corp. (“SRC”) and Adriana Resources Inc. ("ADI"). Summary Successfully completed the business combination between SRC and ADI and [...]
TORONTO, May 01, 2017 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI”) (TSX:SRHI) today announced that it will host a conference call on Wednesday, May 3, 2017 at 8:00am EDT to discuss its 2017 first quarter results. The call will be hosted by SRHI CEO, Steve Yuzpe, CIO, Rick Rule and CFO, Michael Staresinic. The company plans to release its financial results at 7:00am EDT the same day. Conference [...]
TORONTO, April 20, 2017 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI”) (TSX:SRHI) is pleased to announce that it has closed its previously announced “best efforts” marketed offering (the “Offering”) of units (the “Offered Units”) made pursuant to an agency agreement dated April 3, 2017 between SRHI and a syndicate of agents led by Sprott Capital Partners, a [...]
TORONTO, April 03, 2017 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI”) (TSX:SRHI) announced today that in connection with its previously announced “best efforts” marketed offering (the “Offering”) of units (the “Offered Units”), it has entered into an agency agreement with a syndicate of agents led by Sprott Capital Partners, a division of Sprott Private Wealth [...]
TORONTO, March 06, 2017 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. (“SRHI”) (TSX:SRHI) announced today that is has filed a preliminary short form prospectus (the “Prospectus”) in connection with a “best efforts” marketed offering (the “Offering”) of units (the “Offered Units”). Each Offered Unit consists of one class “A” common share in the [...]
TORONTO, March 06, 2017 (GLOBE NEWSWIRE) -- Sprott Resource Holdings Inc. ("SRHI" or the "Company") (formerly Adriana Resources Inc. ("ADI")) today announced its financial results for the year ended December 31, 2016. SRHI was formed in February 2017 via a business combination between Sprott Resource Corp. (“SRC”) and ADI. The financial results for both SRHI and SRC have been filed under the SRHI profile at [...]
Sprott Resource and Adriana Resources are pleased to announce the completion of the previously announced plan of arrangement pursuant to which ADI acquired 100% of the outstanding 96,672,102 SRC common shares and SRC became a wholly-owned subsidiary of ADI. Holders of common shares of SRC received 3.0 ADI common shares per common share of SRC held. ADI shareholders of record on the business day immediately prior to the [...]
Adriana Resources is pleased to announce that at a special meeting of the holders of common shares of ADI, held earlier today, the ADI Shareholders voted to approve the plan of arrangement pursuant to which ADI will acquire all of the issued and outstanding common shares of Sprott Resource Corp. Immediately prior to closing, ADI Shareholders will receive 0.25 warrants for each ADI Share held by them ...
Sprott Resource and Adriana Resources are pleased to announce that leading proxy advisory firms Institutional Investor Services and Glass, Lewis & Co., have recommended that SRC shareholders vote in favour of the proposed business combination of SRC and ADI pursuant to which SRC would become a wholly-owned subsidiary of ADI and SRC shareholders would receive 3.0 ADI common shares per common share of SRC. Glass Lewis did [...]
Sprott Resource and Adriana Resources today announced that they will host a conference call on Tuesday, December 6, 2016 at 11:00am ET to discuss the proposed business combination of SRC and ADI and concurrent private placement announced on November 29, 2016. The call will be hosted by SRC CEO, Steve Yuzpe and ADI CEO, Michael Harrison. Conference Call Details To participate in the call, please dial (877) 930-8292 ten [...]
Sprott Resource and Adriana Resources are pleased to announce that ADI has received TSX Venture Exchange acceptance with respect to the pricing of the private placement financings to be completed concurrently with the closing of the proposed business combination of SRC and ADI previously announced on November 29, 2016. Pursuant to the Private Placements (i) Sprott Inc. will invest $10 million in ADI common shares at a [...]
Sprott Resource and Adriana Resources announced today that they have entered into a definitive agreement to effect a business combination of SRC and ADI pursuant to a plan of arrangement under the Canada Business Corporations Act . In connection with the Arrangement, Sprott Inc., a fund managed by a subsidiary of Sprott, and Term Oil Inc. (a corporation controlled by Arthur Richards (Rick) Rule IV, Chairman of Sprott U...