Sprott invests in Scottie, stock rallies

Shares in TSX-V-listed Scottie Resources advanced 13% on Friday, after the British Columbia-focused company announced that gold and silver investor Eric Sprott had put C$2-million into the business.

The gold junior announced a nonbrokered private placement with Sprott, comprising 10 000 000 units at C$0.20 each, for gross proceeds of C$2-million.