May 12 (Reuters) - Sprott Resource Holdings Inc SRHI.TO :
* SPROTT RESOURCE HOLDINGS INC. ANNOUNCES MTV FILES FOR CREDITOR PROTECTION IN CHILE
* SPROTT RESOURCE - 70% CHILEAN COPPER MINING SUBSIDIARY, HAS COMMENCED REORGANIZATION PROCEEDINGS BY FILING A JUDICIAL RESTRUCTURING PROCEDURE
* SPROTT RESOURCE HOLDINGS - CO & MTV DETERMINED IT WAS IN BEST INTERESTS OF MTV, ALL OF ITS STAKEHOLDERS TO FILE FOR CREDITOR PROTECTION UNDER JRP
* SPROTT RESOURCE -MTV EXPECTS THAT UPON SUCCESSFUL NEGOTIATION WITH CREDITORS, ADDITIONAL CAPITAL WILL BE COMMITTED BY CO AND MTV'S SENIOR LENDERS
* SPROTT RESOURCE-MINERA TRES VALLES SPA, CO'S 70% CHILEAN COPPER MINING SUBSIDIARY, HAS COMMENCED REORGANIZATION PROCEEDINGS