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Press Release

Ninepoint Partners Announces Ninepoint 2019 Short Duration Flow-Through Limited Partnership

TORONTO, August 27, 2019 – Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2019 Short Duration Flow-Through Limited Partnership (the "Partnership") has filed a preliminary prospectus in connection with its offering of limited partnership units (the “Units”). A receipt for the preliminary prospectus has been issued by the securities regulatory authorities in each of the provinces and territories of Canada. The Units are being offered at a price per Unit of $25.00 with a minimum subscription of 100 Units ($2,500).

The Partnership has retained Sprott Asset Management LP (“Sprott”) to act as sub-advisor to the Partnership. The Partnership intends to provide liquidity to limited partners through a rollover to the Ninepoint Resource Class in the period between January 15, 2021 to February 28, 2021.

Investment Objective of the Partnership

The Partnership’s investment objective is to achieve capital appreciation and significant tax benefits for Limited Partners by investing in a diversified portfolio of Flow-Through Shares and other securities, if any, of Resource Issuers.

Attractive Tax-Reduction Benefits

Flow-through partnerships are one of the most effective tax reduction strategies available to Canadians. Sprott anticipates that investors participating in the Partnership will be eligible to receive a tax deduction of approximately 100% of the amount invested.

Resource Expertise

The Partnership will be sub-advised by Sprott, one of Canada’s leading investment advisors in small and mid- cap resource companies. Over its long history of investing in the resource sector, Sprott  has developed relationships with hundreds of companies. Its experienced team of portfolio managers is supported by a team of technical experts with extensive backgrounds in mining and geology.

Portfolio  manager  Jason  Mayer  will  manage  the portfolio  of  the  Partnership  and  will  be supported by Sprott’s broader team of experienced resource investment professionals.

Agents

The offering is being made through a syndicate of agents led by RBC Dominion Securities Inc., CIBC World Markets Inc., TD Securities Inc., National Bank Financial Inc., BMO Nesbitt Burns Inc., Scotia Capital Inc., GMP Securities L.P., Industrial Alliance Securities Inc., Manulife Securities Incorporated, Raymond James Ltd., Canaccord Genuity Corp., Desjardins Securities Inc. and Echelon Wealth Partners Inc.

About Ninepoint Partners LP

Based in Toronto, Ninepoint Partners LP is one of Canada’s leading alternative investment management firms overseeing approximately $3.1 billion in assets under management. Committed to helping investors explore innovative investment solutions that have the potential to enhance returns and manage portfolio risk, Ninepoint offers a diverse set of alternative strategies including North American Equity, Global Equity, Real Assets & Alternative Income.

Ninepoint is an operating company that has been created to assume portfolio management of the Canadian diversified assets of Sprott Asset Management LP, including actively managed hedge and mutual funds.

For more information on Ninepoint Partners LP, please visit www.ninepoint.com or for inquiries regarding the offering, please contact us at (416) 943-6707 or (866) 299-9906 or invest@ninepoint.com.

About Sprott Asset Management LP

Sprott is an alternative asset manager and a global leader in precious metal and real asset investments.  Sprott is a subsidiary of Sprott Inc. (the “Corporation”).  Through its subsidiaries in Canada, the US and Asia, the Corporation is dedicated to providing investors with best-in-class investment strategies that include Exchange Listed Products, Alternative Asset Management and Private Resource Investments. The Corporation also operates Merchant Banking and Brokerage businesses in both Canada and the US. Sprott is based in Toronto with offices in New York, Carlsbad and Vancouver and its common shares are listed on the Toronto Stock Exchange under the symbol (TSX:SII). For more information, please visit www.sprott.com.