US BANCORP DEL

Ticker: USB CUSIP: 902973304 Class: COM NEW

SPROTT INC.'s Holding History (CIK: 0001512920)

Note: Option positions (PUT/CALL) are excluded.

Q4 2016

Shares 27,043 Value ($000) $1,389 Avg Close $33.77 Range $30.08 - $37.40

Q3 2016

Shares 22,300 Value ($000) $956 Avg Close $29.97 Range $27.25 - $31.22

Q1 2016

Shares 18,400 Value ($000) $747 Avg Close $27.80 Range $25.81 - $29.12

Q4 2015

Shares 11,100 Value ($000) $474 Avg Close $29.59 Range $27.19 - $30.86

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	27,043	$1,389	$33.77	$30.08 - $37.40
Q3 2016	22,300	$956	$29.97	$27.25 - $31.22
Q1 2016	18,400	$747	$27.80	$25.81 - $29.12
Q4 2015	11,100	$474	$29.59	$27.19 - $30.86