Sprott ETF Trust NPORT-P Sprott Gold Equity Fund (Mar 2022 report)

2) Transactions with Affiliates*

The following issuers are affiliated with the Funds; that is, the Adviser had control of 5% or more of the outstanding voting securities during the period from January 1, 2022 through March 31, 2022. As defined in Section (2)(a)(3) of the Investment Company Act of 1940; such issues are:

	January 1, 2022				Additions				Reductions						March 31, 2022				Interest		Dividend		Realized			Change in Gross Unrealized			March 31, 2022
Issuer Name	Share Balance		Cost		Share Balance		Cost		Share Balance			Cost			Share Balance		Income		Income		Income		Gain/(Loss)			Appreciation/ (Depreciation)			Value		Cost
Sprott Gold Equity Fund
Baru Gold Corp.		13,290,993	$	22,795,998		—	$	—		—		$	—			13,290,993	$	—	$	—	$	—	$	—		$	(253,349	)	$	797,364	$	22,795,998
Baru Gold Corp. Warrant		3,321,250		—		—		—		(3,321,250	)		—			—		—		—		—		—			—			—		—
Corvus Gold Inc. (a)		3,226,901		2,212,904		—		—		(3,226,901	)		(2,212,904	)		—		—		—		—		8,359,491			(8,016,373	)		—		—
Corvus Gold Inc. (a)		1,739,130		1,561,600		—		—		(1,739,130	)		(1,561,600	)		—		—		—		—		4,136,365			(4,047,832	)		—		—
Corvus Gold Inc. (a)		6,954,100		8,503,013		—		—		(6,954,100	)		(8,503,013	)		—		—		—		—		14,280,917			(13,926,907	)		—		—
Corvus Gold Inc. (a)		9,500,000		7,163,141		—		—		(9,500,000	)		(7,163,141	)		—		—		—		—		23,961,999			(23,478,386	)		—		—
Falco Resources Ltd.		23,722,300		14,359,879		—		—		—			—			23,722,300		—		—		—		—			918,285			6,356,814		14,359,879
Falco Resources Ltd. Warrant		3,750,000		—		—		—		—			—			3,750,000		—		—		—		—			52,250			158,381		—
Gold Bullion International LLC		5,000,000		5,000,000		—		—		—			—			5,000,000		—		—		—		—			—			6,900,000		5,000,000
I-80 Gold Corp.		12,915,264		24,346,322		3,000,000		6,307,680		—			—			15,915,264		—		—		—		—			5,936,667			43,793,551		30,654,002
I-80 Gold Corp.		3,000,000		6,307,680		—		—		(3,000,000	)		(6,307,680	)		—		—		—		—		—			(942,409	)		—		—
I-80 Gold Corp. Warrant		1,330,000		—		—		—		—			—			1,330,000		—		—		—		—			76,535			322,779		—
International Tower Hill Mines Ltd.		18,664,631		35,619,856		—		—		—			—			18,664,631		—		—		—		—			5,087,578			18,662,391		35,619,856
International Tower Hill Mines Ltd.		6,750,222		22,383,358		—		—		—			—			6,750,222		—		—		—		—			1,661,905			6,621,293		22,383,358
International Tower Hill Mines Ltd.		1,666,667		8,833,502		—		—		(296,929	)		(1,573,754	)		1,369,738		—		—		—		(1,258,002	)		1,731,158			1,369,574		7,259,748
Jaguar Mining Inc.		5,746,159		3,644,952		—		—		(9,600	)		(6,090	)		5,736,559		—		—		155,185		36,228			(575,303	)		18,997,203		3,638,862
MAG Silver Corp.		1,432,665		15,000,003		—		—		—			—			1,432,665		—		—		—		—			735,743			23,194,928		15,000,003
MAG Silver Corp.		1,686,595		20,382,833		94,540		1,457,892		(38,300	)		(432,852	)		1,742,835		—		—		—		304,945			727,658			28,181,642		21,407,873
Nickel Creek Platinum Corp.		14,037,494		2,596,104		—		—		—			—			14,037,494		—		—		—		—			402,199			1,179,008		2,596,104
Nickel Creek Platinum Ltd. Warrant		6,189,601		—		—		—		—			—			6,189,601		—		—		—		—			—			—		—
Nickel Creek Platinum Ltd. Warrant		1,658,293		—		—		—		—			—			1,658,293		—		—		—		—			23,227			46,824		—
Nulegacy Gold Corp.		37,852,485		6,682,142		—		—		—			—			37,852,485		—		—		—		—			767,587			1,665,309		6,682,142
NuLegacy Gold Corp. Warrant		4,648,198		—		—		—		—			—			4,648,198		—		—		—		—			—			—		—
Osisko Mining Inc.		15,384,239		45,113,236		—		—		—			—			15,384,239		—		—		—		—			2,763,629			49,100,599		45,113,236
Osisko Mining, Inc. Warrant		932,500		—		—		—		—			—			932,500		—		—		—		—			(48,027	)		23,123		—
Silvercrest Metals Inc.		4,056,600		23,986,557		—		—		—			—			4,056,600		—		—		—		—			4,078,830			36,148,081		23,986,557
Strategic Metals Ltd.		9,886,500		14,175,946		—		—		—			—			9,886,500		—		—		—		—			467,338			3,202,842		14,175,946
Tocqueville Bullion Reserve LP - Class G (b)		7,619		13,795,735		—		—		—			—			7,619		—		—		—		—			866,256			13,852,864		13,795,735
Victoria Gold Corp.		—		—		2,264,600		27,298,618		—			—			2,264,600		—		—		—		142,141			1,503,637			28,802,256		27,298,618
West African Resources Ltd		24,900,000		4,486,034		—		—		—			—			24,900,000		—		—		—		—			(622,164	)		23,290,880		4,486,034
			$	308,950,795			$	35,064,190				$	(27,761,034	)			$	—	$	—	$	155,185	$	49,964,084		$	(24,110,268	)	$	312,667,706	$	316,253,951

* All affiliates listed are neither majority-owned subsidiaries or other controlled companies.

(a) Security is no longer an affiliated company at March 31, 2022.

(b) Tocqueville Bullion Reserve (“TBR”) is a Delaware Limited Partnership created for the purpose of owning physical gold. John Hathaway is an independent Director of the TBR Cayman entities [and is a TBR limited partner].