Articles From: Sprott Inc. Announces Completion of $60,000,000 Secondary Offering to SPY Inc. Announces Investor Conference Call for the Quarter Ended June 30, 2014


Sprott Inc. Announces Completion of $60,000,000 Secondary Offering Canada NewsWire /THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES / TORONTO , July 15, 2014 /CNW/ - Sprott Inc. (" Sprott " or the " Corporation ") (TSX: SII) announced today the completion of its previously announced secondary offering (the " Offering ") of common shares of the Corporation (the " Shares ") held by 2176423 Ontario Ltd., a company controlled by Eric Sprott (the " Selling Shareholder "). An aggregate of 20,000,000 Shares were sold to a syndicate of underwriters co-led by TD Securities Inc. and Scotia Capital Inc., and including RBC Dominion Securities Inc., CIBC World Markets Inc., GMP Securities L.P., Canaccord Genuity Corp., Cormark Securities Inc. and Desjardins Securities Inc., at a price of $3.00 per Share (the " Issue Price ") for gross proceeds of $60,000,000 .
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- Earnings per Share from Continuing Operations Increased 54% to $1.25 - Segment Income Increased 7% and Margins Expanded 50 Points to 10.4% - Flow Technology Segment Income Margins Expanded 310 Points to 13.4% - Completed $140 Million of Share Repurchases in the Quarter - Reaffirms 2014 Adjusted EPS Guidance of $5.00 - $5.50 CHARLOTTE, N.C. , July 30, 2014 /PRNewswire/ -- SPX Corporation (NYSE: SPW) today reported results for the second quarter ended June 28, 2014 .
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Articles From: Sprott Inc. Announces Completion of $60,000,000 Secondary Offering to SPY Inc. Announces Investor Conference Call for the Quarter Ended June 30, 2014
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