Sprott Inc. is an independent asset management company. The Company operates through four wholly owned subsidiaries, Sprott Asset Management LP (SAM), Sprott Private Wealth LP (SPW), Sprott Consulting LP (SC) and Sprott U.S. Holdings Inc. SAM is an investment fund manager, portfolio manager and exempt market dealer in Canada. SPW is an investment dealer and provides wealth management business. SC provides active management, consulting and administrative services to its managed companies companies. As of December 31, 2011, the Company�s assets under management totaled $9.1 billion. In July 2012, the Company acquired Toscana Capital Corporation and Toscana Energy Corporation (collectively, the Toscana Companies). In August 2012, it acquired Flatiron Capital Management Partners.