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Sprott Inc. (Ticker: SII), a global asset manager focused on precious metals and critical materials investments, filed a Form 40-F with the SEC on February 19, 2026, for its fiscal year ended December 31, 2025. Form 40-F is an annual report required for Canadian companies with securities listed on U.S. exchanges, allowing them to fulfill U.S. reporting obligations by incorporating Canadian regulatory filings by reference, primarily under NI 51-102 and Multilateral Instrument 52-112. This filing incorporates Sprott's Annual Information Form, audited annual financial statements, Management's Discussion and Analysis (MD&A), and CEO/CFO certifications. Key highlights include strong performance in physical bullion trusts and resource-focused funds amid rising gold and uranium prices. Assets under management (AUM) grew to approximately CAD $35 billion, up 18% from 2024, driven by net inflows and market appreciation. Revenues increased 22% to CAD $450 million, with net income rising 15% to CAD $120 million. The company emphasized its diversified platform spanning ETFs, managed accounts, and alternative strategies. Disclosures cover risk factors such as commodity price volatility, geopolitical tensions, and regulatory changes in mining jurisdictions. No major adverse events, restatements, or legal proceedings were noted. Governance updates include board refreshment and enhanced ESG reporting. This filing ensures continued compliance for U.S. investors while cross-referencing detailed Canadian disclosures, signaling operational strength and strategic positioning in cyclical markets.