Sprott 2011 Flow-Through Limited Partnership has filed a final prospectus in connection with its initial public offering of limited partnership units. The price per unit is $25.00 and the offering will be capped at $125 million.

The initial closing of the offering is expected on or about February 10, with subsequent closings expected to be completed by mid-March, 2011.

The partnership’s investment objective is to provide for a tax-assisted investment in a diversified portfolio of flow-through shares of resource issuers with a view to achieving capital appreciation and significant tax benefits for limited partners.

Sprott Asset Management LP, the manager of the partnership, anticipates that investors purchasing units will be eligible to receive a tax deduction in 2011 that is approximately 100% of the amount invested in the partnership, based on certain assumptions set forth in the prospectus.

Portfolio managers Allan Jacobs and Eric Nuttall will co-manage the partnership’s investment portfolio and will be supported by Eric Sprott, Charles Oliver and Rick Rule.
Agents

The offering is being made through a syndicate of agents co-led by RBC Capital Markets and CIBC World Markets Inc. and including, TD Securities Inc., BMO Capital Markets, National Bank Financial Inc., Canaccord Genuity Corp., Dundee Securities Corp., HSBC Securities (Canada) Inc., Scotia Capital Inc., GMP Securities L.P., Wellington West Capital Markets Inc., Desjardins Securities Inc., Macquarie Private Wealth Inc. and Manulife Securities Inc.

IE