Sprott Resource impacted by challenging year in resource sectors

Canadian resource-focused private equity firm Sprott Resource Corp (TSX: SCP) reported a negative impact on its net asset value and share price in 2013. This was attributed by the firm to a difficult year for companies in natural resource sectors, which included volatility in market conditions. Steve Yuzpe, who was named Sprott Resource's new president and CEO late last year, said the firm was nonetheless well positioned for opportunities in 2014.

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