March 8 (Reuters) - Sprott Inc SII.TO
* Sprott files court application proposing a plan of arrangement involving Central Fund of Canada
* Sprott - arrangement would involve exchange of central fund of Canada Limited's class A shares for trust units of a newly-formed Sprott Physical Gold, Silver Trust
* Sprott - Sprott Physical Gold and Silver Trust would be substantially similar to existing Sprott Physical Gold Trust and Sprott Physical Silver Trust
* Sprott - aggregate value of proposed arrangement is approximately $3.1 billion Source text for Eikon: Further company coverage: SII.TO