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Sprott Inc.

04:00 PM EST - Sprott Inc. : posted first-quarter net income of $7.4 million or $0.05 per share, compared to $16.7 million or $0.12 per share in the last-year quarter. Total revenue for the quarter decreased to $26.7 million from $43.1 million in the prior-year quarter. The Company declared an eligible dividend of $0.025 per share for the quarter ended March 31, 2009. The dividend will be paid on June 1, 2009 to shareholders of record on May 15, 2009. Sprott Inc. shares T.SII are trading up $0.08 at $4.93.