SPROTT INC.
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
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The yearly report of certain Canadian companies, filed under a joint US and Canadian system. It is the main yearly account these companies give US investors, largely as filed in Canada.
FY2023 · Filed Feb 21, 2024
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Contents
EX-99.2 · Commitments
Commitments
The Company has commitments to make co-investments in private strategies LPs or commitments to make co-investments in fund strategies in the Company's other segments. As at December 31, 2023, the Company had $4 million in co-investment commitments in private strategies LPs due within one year (December 31, 2022 - $5.7 million) and $1.9 million due after 12 months (December 31, 2022 - $0.4 million). During the year, the Company signed a new lease for its existing Toronto office location that is set to commence on January 1, 2024.
The following are the remaining contractual maturities of financial liabilities as at December 31, 2023 (in thousands $):
| Contractual obligations | CarryingAmount | Less than1 year | 1-3 years | 4-5 years | More than 5 years |
|---|---|---|---|---|---|
| Operating accounts payable | 11,749 | 11,749 | — | — | — |
| Compensation payable | 7,822 | 7,822 | — | — | — |
| Contingent consideration on URNM acquisition | 4,470 | 4,470 | — | — | — |
| Lease obligation | 2,096 | 765 | 1,244 | 87 | — |
| Loan facility | 24,237 | — | — | 24,237 | — |
| Total contractual obligations | 50,374 | 24,806 | 1,244 | 24,324 | — |
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