Sprott Resource Lending is engaged in the provision of bridge and mezzanine lending to the resource sector. As a natural resource lender, Co. finance precious and base metal mining, exploration and development companies, as well as oil and gas companies. Financing will be primarily to companies that are in late stage exploration and development, or early stage production. Co. lend generally on a first secured basis with, and in addition to earning interest on loans, Co. receive fees, stock and or warrants from borrowers.