Sherritt International Corp T.S

RE:Sprott Launches Nickel Miners ETF

[rkhosla]

Wonderful! Thanks for this.  $1.45mil net assets x 3.95% = $57k or just over 100k shares.  But yes, this and Clearwater are a start to emerging from orphan status.  

bester1975 wrote: https://www.globenewswire.com/news-release/2023/03/22/2632050/35395/en/Sprott-Launches-Nickel-Miners-ETF.html

Sprott Launches Nickel Miners ETF

Latest addition to Sprott’s Expanding Energy Transition ETF suite

March 22, 2023 at 07:00 ET | Source: Sprott Asset Management

TORONTO, March 22, 2023 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (“Sprott”) today announced the launch of the Sprott Nickel Miners ETF (Nasdaq: NIKL), the only1 U.S.-listed ETF focused on nickel mining companies that are providing a critical mineral necessary for the clean energy transition. The ETF is the most recent addition to Sprott’s suite of energy transition-focused ETFs.

“Nickel is a vital component in the rechargeable batteries used for hybrid and electric vehicles [EVs] and clean energy storage,” said John Ciampaglia, CEO of Sprott Asset Management. “Automakers have begun adding more nickel to EV batteries to increase their drivable range.2 Demand for this critical mineral for use in EVs and battery storage may increase nearly 20 times by 2040, relative to 2020.3 We believe nickel producers are well positioned to benefit from the significant investment required to fund the energy transition.”

The Sprott Nickel Miners ETF seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Nickel Miners™ Index (NSNIKL™). The Index is designed to track the performance of a selection of global securities in the nickel industry, including nickel producers, developers and explorers.

This new ETF joins Sprott’s energy transition fund suite, which is focused on the investment opportunity of the critical minerals needed to generate, transmit and store cleaner energy.

https://sprottetfs.com/nikl-sprott-nickel-miners-etf/

Index Holdings

As of 3/21/2023

Company	Ticker	Weight*
Nickel Industries Limited	NIC	13.40%
IGO Limited	IGO	12.89%
PT Vale Indonesia Tbk	INCO	11.31%
Nickel Asia Corporation	NIKL	6.61%
Horizonte Minerals Plc	HZM	6.31%
Mincor Resources NL	MCR	4.94%
Talon Metals Corp.	TLO	4.43%
Centaurus Metals Limited	CTM	4.00%
Sherritt International Corporation	S	3.95%
Canada Nickel Company Inc.	CNC	3.89%
Global Ferronickel Holdings, Inc.	FNI	3.78%
Xinjiang Xinxin Mining Industry Co., Ltd.	3833	3.39%
Premium Nickel Resources Ltd.	PNRL	3.23%
Panoramic Resources Limited	PAN	2.83%
Nickel 28 Capital Corp.	NKL	1.99%
Aston Minerals Limited	ASO	1.82%
Poseidon Nickel Limited	POS	1.79%
Galileo Mining Ltd	GAL	1.70%
Sunrise Energy Metals Limited	SRL	1.64%
FPX Nickel Corp.	FPX	1.49%
Ardea Resources Limited	ARL	1.33%
Widgie Nickel Limited	WIN	1.32%
Legend Mining Limited	LEG	1.00%
Azure Minerals Limited	AZS	0.96%

*Source: Nasdaq as of 3/21/2023, subject to change.