Sprott Inc 2025年度报告

Washington, D.C. 20549 FORM40-F ☐REGISTRATION STATEMENT PURSUANT TO SECTION12 OF THE SECURITIES EXCHANGE ACT OF 1934 or ANNUAL REPORT PURSUANT TO SECTION13(a) OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year endedDecember31, 2025Commission File Number: 001-39298 Sprott Inc. (Exact name of Registrant as specified in its charter) Securities registered or to be registered pursuant to Section12(g) of the Exchange Act:NoneSecurities for which there is a reporting obligation pursuant to Section15(d) of the Exchange Act:NoneFor annual reports, indicate by check mark the information filed with this Form: ☒Annual information form ☒Audited annual financial statements Indicate the number of outstanding shares of each of the Registrant’s classes of capital or common stock as of the close of the period covered by this annual report: The Registrant had 25,786,258 Common Shares issued and outstanding as of December31, 2025. Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Exchange Act during the preceding 12 months(or for such shorter period that the Registrant was required to file such reports) and (2)has been subject to such filing requirements for the past 90 days. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the Registrant was required to submit such files). Indicate by check mark whether the registrant is an emerging growth company as defined in Rule12b-2 of the Exchange Act. Emerging growth company.☐ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use theextended transition period for complying with any new or revised financial accounting standards† provided pursuant to Section13(a) of the Exchange Act.☐ † The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting StandardsCodification after April5, 2012. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control overfinancial reporting under Section404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section12(b) of the Exchange Act, indicate by check mark whether the financial statements of the registrant included in the filingreflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of theregistrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this Annual Report on Form40-F (this “Annual Report”) and the exhibits attached hereto are forward-lookingstatements under the provisions of the United States Private Securities Litigation Reform Act of 1995, Section27A of the SecuritiesAct of 1933, as amended, and Section21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and forward-looking information within the meaning of applicable Canadian securities legislation (collectively, “forward-looking statements”).Forward-looking statements are subject to risks, uncertainties and contingencies that could cause actual results to differ materiallyfrom those expressed or implied by these forward-looking statements. Investors are cautioned not to put undue reliance on forward-looking statements. Applicable risks and uncertainties include, but are not limited to, those identified in the section “Risk Factors” inthe Annual Information Formfor the year ended December31, 2025 (the “AIF”) of Sprott Inc. (“Sprott,” “we,” “our,” or the“Company”), attached as Exhibit99.1 to this Annual Report and incorporated herein by reference, and in other filings that we havemade and may make with applicable securities authorities in the future. Please also see the section “Forward-Looking Statements” ineach of our AIF and our management’s discussion and analysis for the year ended December31, 2025, attached as Exhibit99.2 to thisAnnual Report, in each case, incorporated by reference herein, for a discussion of forward-looking statements. Except as required byapplicable law, we do not intend, and undertake no obligation, to update any forward-looking statements to reflect, in particular, newinformation or future events, or otherwise. DIFFERENCES IN UNITED STATES AND CANADIAN REPORTING PRACTICES The Company is permitted, under a multijurisdictional d