One Earth Farms

Sprott Resource Corp. Announces Launch of One Earth Farms Corp.

Sprott Resource Corp. ('SRC') announced today that it has launched One Earth Farms Corp. ('One Earth Farms'), a large scale, fully-integrated corporate farming entity, which intends to have operations on world class First Nations' farmland in the Prairie Provinces. SRC will invest $27.5 million in One Earth Farms to establish operations, fund working capital and support its initial growth.

'We believe that the opportunities associated with this new venture are unprecedented in the agricultural industry,' said Kevin Bambrough, President and CEO of SRC. 'We intend to build a long-term profitable agricultural business in partnership with the First Nations, which will improve the management and environmental sustainability of First Nations' farmland as well as benefit their peoples through increased revenue and job opportunities. We have assembled an exceptional team at One Earth Farms, which we believe provides the industry experience and operational skill necessary to build One Earth Farms.'"