Sprott Inc.’s former top executive, Peter Grosskopf, has acquired the firm’s Canadian investment banking business in a bid to help mining companies make deals as industry consolidation heats up. Sprott Capital Partners has become a privately held standalone company after Grosskopf led a management buyout of the Sprott division last month. Terms weren’t disclosed. The new firm, which offers underwriting and advisory services for small mining companies, has been renamed SCP Resource Finance. Grosskopf, Sprott’s chief executive officer from 2010 to 2022, is CEO. Without Sprott as a parent, the Toronto-based firm can now ... (full story)