Sprott Asset Management LP

Sprott Asset Management LP
Canadian Athletes Now Fund

Canadian Athletes Now Fund

February 15, 2010 00:21 ET

Media Alert: Coming From the Heart on Valentine's Day....

Alexandre Bilodeau Freestyle Skier (moguls) wins first Gold for Canada on Canadian Soil-and kicks off the Sprott Gold Metal Celebration

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 14, 2010) - Valentine's Day -

Attention: Business Editors, Assignment Desks and Sports Editors

Sprott Asset Management in conjunction with the Sprott Foundation will be donating its first $100,000 to the Canadian Athletes Now Fund in celebration of Alexandre Bilodeau's Gold Medal performance. $100,000 will be donated by Sprott every time a Canadian athlete wins Gold in Vancouver. This funding will directly benefit our summer athletes preparing for London and ensure future success for Canada. 

"Celebrating excellence and ongoing support for our athletes is a winning combination" says Jane Roos founder of CAN Fund. 

Sprott is inviting Canadians to also make a pledge for every gold medal won at www.sprottgoldpledge.com

Tonight at the CAN Fund Athlete House at Shaw Tower in Vancouver the Sprott Gold Metal cheque presentation included Sprott representative Peter Hodson, Chairman and Senior Portfolio Manager and on behalf of CAN Fund Zoe Hoskins 2008 Olympian, Rowing, Alexandra Orlando, 2008 Olympian Rhythmic Gymnastics and Tracy Cameron, 2008 Olympic Bronze Medalist, Rowing. 

About Sprott Asset Management LP

Sprott Asset Management LP is one of Canada's premier investment firms. Founded in 2000, SAM is widely acknowledged for its investment acumen and dedication to generating consistent long-term returns for investors. The company boasts a unique collection of award-winning portfolio managers who are all experts in their respective investment styles. The SAM investment team currently manages nine mutual funds and three hedge fund strategies, with each manager leading their own respective strategy and mandate. The common shares of SAM's parent company, Sprott Inc., are listed on the Toronto Stock Exchange under the symbol "SII". 

About CAN Fund (Canadian Athletes Now Fund)

CAN Fund is a not for profit organization devoted solely to raising funds and awareness of our Canadian athletes. We have created a vehicle that connects Canadians directly to our athlete's journey and their success. CAN Fund is the only organization in Canada that with each donation, you find out the name of the athlete you have directly supported and receive a tax receipt. We provide our athletes with the opportunity to focus on success instead of focusing on unnecessary financial hurdles. Donations go directly to Canadian athletes to support their training, coaching, nutrition, team fees, travel and basic living expenses. For more information please visit www.canadianathletesnow.ca.

Contact Information

  • Sprott
    Ida Khajadourian
    Canadian Athletes Now Fund
    Jane Roos
    Maverick Public Relations
    Julie Rusciolelli/Kelly Olive
    416-640-5525 ext. 222 or ext. 230