N-PX: Filer Information

Filer CIK

0001512920

Filer CCC

********

Date of Report

06/30/2025

Are you a Registered Management Investment Company or an Institutional Manager?

Institutional Manager

Is this a LIVE or TEST Filing?

LIVE

TEST

Is this an electronic copy of an official filing submitted in paper format?

Submission Contact Information

Name

Phone Number

E-mail Address

Notification Information

Notify via Filing Website only?

N-PX: Cover Page

Name and address of reporting person:

Name of reporting person (For registered management investment companies, provide exact name of registrant as specified in charter)

Sprott Inc.

Street 1

200 BAY ST, SUITE 2600

Street 2

Royal Bank Plaza, South Tower

City

Toronto

State/Country

CANADA (FEDERAL LEVEL)

Zip code and zip code extension or foreign postal code

M5J2J1

Telephone number of reporting person, including area code:

416-943-8099

Name and address of agent for service:

Name of agent for service

Street 1

Street 2

City

State/Country

Zip code and zip code extension or foreign postal code

Reporting Period:

Report for the year ended June 30, 2025

SEC Investment Company Act or Form 13F File Number:

028-14703

CRD Number (if any):

Other SEC File Number (if any):

Legal Entity Identifier (if any):

Report Type (check only one):

Registered Management Investment Company.

Fund Voting Report (Check here if the registered management investment company held one or more securities it was entitled to vote.)

Fund Notice Report (Check here if the registered management investment company did not hold any securities it was entitled to vote.)

Institutional Manager.

Institutional Manager Voting Report (Check here if all proxy votes of this reporting manager are reported in this report.)

Institutional Manager Notice Report (Check here if no proxy votes are reported in this report and complete the notice report filing explanation section below)

Institutional Manager Combination Report (Check here if a portion of the proxy votes for this reporting manager are reported in this report and a portion are reported by other reporting person(s).)

Other Persons Reporting for this Manager:1

Investment Company Act or Form 13F File Number:

811-05379

CRD Number (if any):

Other SEC File Number (if any):

LEI (if any):

Name:

Sprott Focus Trust Inc.

Other Persons Reporting for this Manager:2

Investment Company Act or Form 13F File Number:

811-23382

CRD Number (if any):

Other SEC File Number (if any):

LEI (if any):

Name:

Sprott Funds Trust

Do you wish to provide explanatory information pursuant to Special Instruction B.4?:

Yes

Additional information:

N-PX: Summary - Included Managers

Number of Included Institutional Managers:

Included Institutional Managers:

NONE

N-PX: Signature Block

Reporting Person:

Sprott Inc.

By (Signature):

Tom Ulrich

By (Printed Signature):

Tom Ulrich

By (Title):

Chief Compliance Officer

Date:

08/13/2025