Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Sprott Inc.'s 2026 First Quarter Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded today, May 6, 2026.

On behalf of the speakers that follow, listeners are cautioned that today's presentation and the responses to questions may contain forward-looking information and forward-looking statements within the meaning of applicable Canadian and U.S. securities laws.

Forward-looking statements involve risks and uncertainties, and undue reliance should not be placed on such statements. Certain material factors or assumptions are implied in making forward-looking statements, and actual results may differ materially from those expressed or implied in such statements. For additional information about factors that may cause actual results to differ materially from expectations and about material factors or assumptions applied in making forward-looking statements, please consult the MD&A for the quarter and Sprott's other filings with the Canadian and U.S. securities regulators.

I will now turn the conference over to Mr. Whitney George. Please go ahead, Mr. George.

W. George
CEO & Director

Thank you, operator, and good morning, everyone. Thank you for joining us today. On the call with me today is our CFO and Co-COO, Kevin Hibbert; and John Ciampaglia, CEO of Sprott Asset Management.

Our 2026 first quarter results were released this morning and are available on our website, where you