Page ContentSprott Inc. closes C$200 million initial public offeringDate Closed: 5/15/2008Value: C$200 million On May 15, 2008, Sprott Inc. (Sprott) completed an initial public offering of 20 million common shares. Shares began trading on the Toronto Stock Exchange (TSX) on May 15, 2008, under the ticker SII. The shares were sold by Sprott’s executives and employees, most of whom are expected to re-invest in the firm’s funds. The deal values Sprott at $1.5 billion. Cormark Securities and TD Securities were the co-lead underwriters. BLG's Securities and Capital Markets Group acted as counsel to the underwriters with a team consisting of Philippe Tardif, Dolores Di Felice and Vanessa McMinn.