SCHEDULE 13G/A: Sprott Inc. Discloses 4.2% Passive Stake in SilverCrest Metals Inc.

Sprott Inc. has filed an amended Schedule 13G, disclosing a 4.2% beneficial ownership stake in SilverCrest Metals Inc. as of December 31, 2024.

Summary

• Sprott Inc. reported beneficial ownership of 6,231,970 common shares of SilverCrest Metals Inc.
• This ownership represents 4.2% of SilverCrest Metals Inc.'s common shares outstanding.
• Sprott Inc. holds shared voting power and shared dispositive power over all 6,231,970 shares, with no sole voting or dispositive power.
• The filing is an Amendment No. 4 to a Schedule 13G, indicating an update to previously reported ownership information.
• The shares are held in accounts managed by subsidiaries of Sprott Inc., specifically Sprott Asset Management USA Inc., Resource Capital Investment Corp., and Sprott Asset Management LP, none of which individually own more than 5% of the common shares.
• Sprott Inc. certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of SilverCrest Metals Inc.

Sentiment

Score: 5

Explanation: Neutral, as this is a factual disclosure of beneficial ownership and does not contain performance or operational updates.

Future Outlook

NA

Industry Context

Sprott Inc. is a prominent asset manager with a focus on precious metals and real assets. Their continued beneficial ownership stake in SilverCrest Metals Inc., a company likely involved in the mining sector, aligns with their established investment strategy and indicates ongoing institutional interest in the precious metals industry.

Stakeholder Impact

• This filing primarily impacts shareholders by providing transparency on significant institutional ownership. It indicates a continued investment by Sprott Inc. in SilverCrest Metals Inc.

Key Dates

Keywords

SilverCrest Metals Inc., Sprott Inc., Schedule 13G, Beneficial Ownership, Common Shares, Investment Adviser, Mining, Precious Metals