 TORONTO, April 19, 2021 GLOBE NEWSWIRE -- Sprott Inc. Sprott TSX:SII announces that it has filed an updated early warning report under applicable Canadian securities laws in respect of SRHI Inc. SRHI. On April 16, 2021, SRHI closed a bought deal financing the Offering. In connection with the Offering, SRHI issued a total of 20,930,000 units on a bought deal basis, at an offering price of C0.55 per unit, which included 2,730,000 units issued pursuant to the exercise of the over-allotment option, in full, for gross proceeds of approximately 11.5 million. Each unit consists of one Class A common share in the capital of SRHI and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at a price of 0.70 for a period of 18 months following the closing of the Offering. 