Sprott Inc. shares rise 1.17% intraday after Eric Sprott's acquisition of Tudor Gold shares and New Found Gold's acquisition of Maritime Resources.

Sprott Inc. rose 1.17% intraday, with Eric Sprott announcing the acquisition of 15,470,000 common shares of Tudor Gold Corp. through a statutory plan of arrangement. Additionally, New Found Gold Corp. signed a definitive agreement to acquire a 99.9% stake in Maritime Resources Corp. from Dundee Resources Limited, Eric Sprott, and others for approximately CAD 290 million. This acquisition includes the Hammerdown Gold Project and other exploration properties, which could positively impact Sprott Inc.'s stock performance.