December 27, 2014 9:35 AM ET

Diversified Financial Services

Company Overview of Sprott Resource Lending Corp.

Company Overview

Sprott Resource Lending Corp., a natural resource lender, provides financing to mining, and oil and gas companies worldwide. The company was formerly known as Quest Capital Corporation and changed its name to Sprott Resource Lending Corp. in September 2010. Sprott Resource Lending Corp. was founded in 1984 and is headquartered in Toronto, Canada. Sprott Resource Lending Corp. operates as a subsidiary of Sprott Inc.

200 Bay Street

Royal Bank Plaza

South Tower

Suite 2750

Toronto, ON M5J 2J2

Canada

Founded in 1984

Key Executives for Sprott Resource Lending Corp.

Chief Executive Officer
Age: 49
President
Age: 44
Non-Executive Chairman
Age: 53
Chief Executive Officer of Sprott Asset Management
Corporate Secretary
Compensation as of Fiscal Year 2014.

Sprott Resource Lending Corp. Key Developments

Sprott Resource Lending Corp. Presents at Cambridge House Vancouver Resource Investment Conference, Jan-19-2014 02:00 PM

Sprott Resource Lending Corp. Presents at Cambridge House Vancouver Resource Investment Conference, Jan-19-2014 02:00 PM. Venue: Booth #1002, Vancouver Convention Center, 1055 Canada Place, Vancouver, British Columbia, Canada. Speakers: Narinder Nagra, President, Chief Operating Officer and Member of Real Estate Committee.

Sprott Resource Lending Corp., Annual General Meeting, Jul 18, 2013

Sprott Resource Lending Corp., Annual General Meeting, Jul 18, 2013., at 10:00 Eastern Daylight. Location: TSX Gallery, TMX Broadcast Centre. Agenda: To approve the previously announced arrangement under the Canada Business Corporations Act involving SRLC and Sprott Inc; to consider election of directors; to re-appoint PricewaterhouseCoopers LLP as the auditor of the company and authorize the board of directors to fix the auditor's remuneration; to approve the company's stock option plan and authorize and approve the available unallocated options thereunder for grant until June 25, 2016; and to transact such other business as may properly come before the Meeting or any postponement or adjournment thereof.

Sprott Resource Lending Corp. Reports Earnings Results for the First Quarter Ended March 31, 2013

Sprott Resource Lending Corp. reported earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported net income of $5.7 million or $0.04 per common share compared to $5.4 million or $0.04 per common share in the first quarter of 2012. During the first quarter of 2013, the company recognized a deferred income tax asset of $3.2 million which increased net income by an equivalent amount. Interest income on the resource loan portfolio increased to $4.7 million compared to $4.4 million for the first quarter of 2012, in line with the increase in the average resource loan portfolio of $22 million. Book value grew from $1.52 per common share at December 31, 2012 to $1.54 per common share at March 31, 2013.

Recent Private Companies Transactions

Type
Date
Target
Private Placement
July 15, 2014
Corsa Coal Corp.
 

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