KGN Asanko Gold, Inc.

CUSIP No. 487275109
.......................................

1. NAME OF REPORTING PERSON
 I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

 Sprott Inc.
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
 (a) [ ]
 (b) [X]
________________________________________________________________________________
3. SEC USE ONLY


________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION

 Ontario, Canada
________________________________________________________________________________
 NUMBER OF 5. SOLE VOTING POWER

 SHARES 4,249,465
 _________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER

 OWNED BY 0
 _________________________________________________________________
 EACH 7. SOLE DISPOSITIVE POWER

 REPORTING 4,249,465
 _________________________________________________________________
 PERSON 8. SHARED DISPOSITIVE POWER

 WITH 0
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 4,249,465
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*

 [_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 5.0%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON*

 CO
________________________________________________________________________________



Item 1.

 (a) Name of Issuer: Keegan Resources Inc.

 (b) Address of Issuer's Principal Executive Offices:
 Suite 700 - 1199 West Hastings Street, Vancouver BC V6E 3T5

Item 2.

 (a) Name of Person Filing: Sprott Inc.

 (b) Address of Principal Business Office:
 200 Bay Street, Suite 2700, Royal Bank Plaza, South Tower
 Toronto, ON M5J 2J1

 (c) Citizenship: Canada

 (d) Title of Class of Securities: Common Shares

 (e) CUSIP Number: 487275109

Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
 check whether the person filing is a:

 (a) [ ] Broker or dealer registered under section 15 of the Act
 (15 U.S.C. 78o).

 (b) [ ] Bank as defined in section 3(a)(6) of the Act
 (15 U.S.C. 78c).

 (c) [ ] Insurance company as defined in section 3(a)(19) of the Act
 (15 U.S.C. 78c).

 (d) [ ] Investment company registered under section 8 of the Investment
 Company Act of 1940 (15 U.S.C. 80a-8).

 (e) [ ] An investment adviser in accordance with ss. 240.13d-1(b)(ii)(E).

 (f) [ ] An employee benefit plan or endowment fund in accordance with
 ss. 240.13d-1(b)(1)(ii)(F).

 (g) [ ] A parent holding company or control person in accordance with
 ss. 240.13d-1(b)(1)(ii)(G).

 (h) [ ] A savings association as defined in Section 3(b) of the
 Federal Deposit Insurance Act (12 U.S.C. 1813).

 (i) [ ] A church plan that is excluded from the definition of an
 investment company under section 3(c)(14) of the Investment
 Company Act of 1940 (15 U.S.C. 80a-3).

 (j) [ ] Group, in accordance with ss. 240.13d-1(b)(1)(ii)(J).

Item 4. Ownership

 (a) Amount Beneficially Owned: 4,249,465

 (b) Percent of Class: 5.0%

 (c) Number of shares as to which such person has:

 (i) Sole power to vote or to direct the vote: 4,249,465

 (ii) Shared power to vote or to direct the vote: 0

 (iii Sole power to dispose or to direct the disposition of: 4,249,465

 (iv) Shared power to dispose or to direct the disposition of: 0

Item 5. Ownership of Five Percent or Less of a Class:

 If this statement is being filed to report the fact that as of the date
 hereof the reporting person has ceased to be the beneficial owner of more
 than five percent of the class of securities, check the following. [ ]

Item 6. Ownership of More than Five Percent on Behalf of Another Person:

 These shares are held in accounts managed by subsidiary of Sprott Inc.,
 none of which, beneficially owns more than five percent of the class.

Item 7. Identification and Classification of the Subsidiary Which Acquired the
 Security Being Reported on By the Parent Holding Company:

 N/A

Item 8. Identification and Classification of Members of the Group:

 N/A

Item 9. Notice of Dissolution of Group:

 N/A

Item 10. Certification:

 By signing below I certify that, to the best of my knowledge
 and belief, the securities referred to above were not
 acquired and are not held for the purpose of or with the
 effect of changing or influencing the control of the issuer
 of the securities and were not acquired and are not held in
 connection with or as a participant in any transaction
 having that purpose or effect.




 SIGNATURE

 After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

 December 6, 2012
 _____________________
 Date


 SPROTT Inc.

 By: /s/Kirstin McTaggart
 _____________________
 Kirstin McTaggart
 Authorized Person