Sprott Resource Lending Corp.
million in AUM
million resource loan portfolio (includes bonds)
Sprott Resource Lending Corp. is a natural resource lender focused on providing financing to mining and oil and gas companies.In July 2013, Sprott Inc. completed the acquisition of Sprott Resource Lending Corp. which now operates as a subsidiary of Sprott Inc.
The Company’s leadership team has significant lending experience and deep expertise investing in the natural resource space and applies conservative lending practices and careful asset evaluation to generate shareholder value. Accessing capital from Sprott Resource Lending Corp. allows mid cap and junior resource companies to execute on their strategic plans through increasing their enterprise value or restructuring their capital base.
Growth in the natural resource space, and in particular through the TSX and TSX-V, have put Canada in the centre of financings in this sector. The Company is focused on providing temporary specific purpose loans with attractive and desirable security and attractive interest yields with equity participation. Sprott Resource Lending Corp. applies strict underwriting discipline and engages in extensive due diligence to identify mining and oil and gas companies that are strong loan candidates.
*Metrics as at September 30, 2013
President, Sprott Resource Lending Corp.