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Sprott To Merge Growth, Equity Fund

Sprott Asset Management has been granted unitholder and regulatory authorization to combine the Sprott Growth Fund and the Sprott Small Cap Equity Fund.

Sprott Asset Management has been granted unitholder and regulatory authorization to combine the Sprott Growth Fund and the Sprott Small Cap Equity Fund. Holders of units of each series of growth fund will obtain units of the equivalent series of the small-cap equity fund on a dollar-for-dollar basis.

The growth fund will be wrapped up following the merger. No redemption fees, sales charges or other fees related to the termination will be required from the unitholders as all costs will be borne by investment advisory services firm. The merger will be effective from August 29.

Click here for the release from Canada Newswire.

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