 TORONTO, Nov. 20, 2020 GLOBE NEWSWIRE -- The Board of Trustees the Board of Sprott Focus Trust, Inc. the Fund or Nasdaq ticker FUND, advised by Sprott Asset Management L.P. and sub-advised by Sprott Asset Management USA, Inc. collectively, the Advisers, announced today that the Board has authorized and approved a share repurchase program for up to 50 million aggregate purchase price of the currently outstanding shares of the Companys common stock through 2021. Under the share repurchase program, the Fund may purchase up to 5 of its outstanding common shares as of November 20, 2020, in the open market, between now and December 31, 2021. As part of its evaluation of options to enhance shareholder value, the Board has authorized the Advisers to repurchase its Funds common shares at such times and in such amounts as the Advisers reasonably believe may enhance shareholder value. 