Sprott Inc. announced on September 6, 2023, the successful final closing of the Sprott Private Resource Streaming and Royalty Annex Fund, raising a total of approximately $415 million (U.S.$310 million). This closure elevated the total assets under management by Sprott Resource Streaming and Royalty Corp. ("Sprott Streaming") to around $1.47 billion (U.S.$1.1 billion) within the Company’s private strategies segment.

Michael Harrison, Managing Partner of Sprott Streaming, expressed satisfaction with the closure, emphasizing the growing global metals market. He highlighted the company's role in financing miners to acquire and develop projects to meet rising metal demand. Sprott Streaming had partnered with nineteen developers and producers, fostering a strong investment pipeline and increasing cash distributions to investors.

Caroline Donally, also a Managing Partner of Sprott Streaming, acknowledged the support from limited partners, including large public pension plans, foundations, endowments, and family offices. She noted that the Annex Fund aimed to provide investors with diversified, long-duration exposure to commodity prices and production levels across precious and base metals, particularly those essential for batteries and the energy transition.