VERMILION ENERGY INC

Ticker: VET CUSIP: 923725105 Class: COM

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

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

Q4 2014

Shares 24,200 Value ($000) $1,186 Avg Close $51.98 Range $38.47 - $61.41

Q3 2014

Shares 50,000 Value ($000) $3,038 Avg Close $63.96 Range $57.70 - $70.13

Q3 2013

Shares 6,000 Value ($000) $332 Avg Close $53.65 Range $47.65 - $56.74

Q2 2013

Shares 6,400 Value ($000) $313 Avg Close $49.78 Range $44.50 - $52.40

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	24,200	$1,186	$51.98	$38.47 - $61.41
Q3 2014	50,000	$3,038	$63.96	$57.70 - $70.13
Q3 2013	6,000	$332	$53.65	$47.65 - $56.74
Q2 2013	6,400	$313	$49.78	$44.50 - $52.40