Sprott Resource Lending Corp. to Host Third Quarter Conference Call on November 10, 2011

TORONTO, ONTARIO--(Marketwire - Nov. 1, 2011) - Sprott Resource Lending Corp. (the "Company" or "Sprott Resource Lending") SIL(NYSE Amex:SILU) will report its financial results for the three and nine months ended September 30, 2011 prior to the TSX market open on Thursday, November 10, 2011, following which the Company will hold a conference call.

The call will take place at 11 a.m. EST on Thursday, November 10, 2011 and will be hosted by Peter Grosskopf, President and Chief Executive Officer, and Jim Grosdanis, Chief Financial Officer. The call can be accessed live by dialing 416-644-3418.

The call will be recorded and a replay made available approximately one hour after the live call ends. Individuals can access the replay by dialing 416-640-1917 and entering pass code 4485233 followed by the number sign. The replay will be available until Thursday, November 17, 2011.

About Sprott Resource Lending Corp.

Sprott Resource Lending specializes in bridge and mezzanine lending to precious and base metal mining, exploration and development companies and energy companies on a global basis. Headquartered in Toronto, the Company seeks to generate income from lending activities as well as the upside potential of bonus arrangements with borrowers generally tied to the underlying property or shares of the borrower.

Sprott Resource Lending (www.sprottlending.com) was founded by Quest Capital Corp. and Sprott Lending Consulting Limited Partnership. Sprott Lending Consulting LP is a wholly owned subsidiary of Sprott Inc., the parent of Sprott Asset Management LP (www.sprott.com), a leading Canadian independent money manager.

For more information about Sprott Resource Lending, please visit SEDAR (www.sedar.com).