Sprott Asset Management Announces Acquisition Of Assets Relating To The North Shore Global Uranium Mining Etf
Sprott Asset Management Announces Acquisition Of Assets Relating To The North Shore Global Uranium Mining Etf
04/25/22, 11:02 AM
Sprott Inc. (“Sprott”) (NYSE/TSX: SII) and Sprott Funds Trust jointly announced today that Sprott Asset Management LP (“Sprott Asset Management”), a wholly-owned subsidiary of Sprott, has completed the acquisition of certain assets relating to managing the North Shore Global Uranium Mining ETF (“URNM”), to which Exchange Traded Concepts, LLC acted as the investment adviser. Sprott Funds Trust and Exchange Traded Concepts Trust have completed the reorganization of the North Shore Global Uranium Mining ETF from a series of Exchange Traded Concepts Trust to Sprott Uranium Miners ETF, a series of Sprott Funds Trust. URNM is now advised by Sprott Asset Management and sub-advised by ALPS Advisors, Inc.
Company Info
Company info
Sprott is a global leader in precious metal and real asset investments. We are specialists. Our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities, Private Strategies and Brokerage. Sprott has offices in Toronto, New York and London and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol (SII). For more information, please visit www.sprott.com.