Operator

Welcome to the Annual Meeting of Shareholders of Sprott Inc. Please note the meeting is being recorded.

I would like to introduce Mr. Ronald Dewhurst, Chairman of today's meeting. Mr. Dewhurst, the floor is yours.

Ronald Dewhurst

The Annual Meeting of Shareholders of Sprott Inc. will now come to order. In accordance with the bylaws of the corporation, I shall preside as Chairman of the meeting.

In the event I am disconnected from the meeting as a result of a technical malfunction, pursuant to the corporation's bylaws, the shareholders are entitled to choose another director as Chair. Given that management has proxies in hand to carry any such motion, Mr. Whitney George, a Director and Chief Executive Officer of the corporation, will step in and assume the role of Chair of the meeting.

Mr. Arthur Einav, the Corporation's Corporate Secretary, will act as Secretary of the meeting. This year, we have made the decision to hold our annual meeting in a virtual-only format via this live audio webcast online.

In order to make the best use of our time, I will move all motions, and I have been advised by Mr. George and Mr. Einav, each a proxy holder in attendance today, that each is prepared to second each of the motions I so move. Accordingly, unless there are any objections, I will not require motions to be seconded.

As you may be aware, this morning, we announced our first quarter results. Our quarterly conference call to discuss those results took place earlier this morning, and a recording of the conference call is available on our website. Therefore, please limit any questions today to a discussion of the business of the