Exhibit 99.1

Lisa Aston
Investor Relations
For Immediate Release

U.S. Global Investors Reports 19% Year-Over-Year Growth in Assets Under Management for Third Quarter of 2017 Fiscal Year
SAN ANTONIO–May 11, 2017–
U.S. Global Investors, Inc. (NASDAQ: GROW), a boutique registered investment advisory firm with longstanding experience in global markets and specialized sectors, today reported net loss of $33,000, or $0.00 per share, on operating revenues of $1.7 million for the quarter ended March 31, 2017. This was an improvement over the same quarter of the previous year, which had a net loss of $350,000, or ($0.02) per share, on operating revenues of $1.3 million, a decrease of 91 percent. The improvement in net loss was mainly due to an increase in operating revenue from increased assets under management. If average assets had increased another 3 percent, then the company would have had positive net income for the quarter.
Average assets under management, including U.S. Global Investors Funds, the JETS exchange traded fund, Galileo clients and offshore clients, were $841 million for the quarter ended March 31, 2017, compared to an average of $709 million for the same quarter a year ago, an increase of 19 percent. Total assets under management were $796 million as of March 31, 2017, versus $773 million at March 31, 2016, an increase of 3 percent.
Frank Holmes, CEO and chief investment officer of U.S. Global Investors, comments, “The gold market experienced volatility during the quarter, as investors reacted amid fluctuations in government bond yields and the Federal Reserve’s dovish tone in March. Our gold-focused funds reflected this volatility in asset fluctuation during the quarter, although average assets in the gold funds for the current quarter were relatively flat compared to the prior quarter ending December 31, 2016. We believe shareholders appreciate the active management expertise that we offer, and we are pleased that Thomson Reuters Lipper, a trusted financial authority, recognized us with a recent Lipper Award. Investors can read more about that award at www.usfunds.com.

“In addition,” Holmes continues, “the junior gold mining industry has been undergoing a disruption in recent months. I’m proud to say that Ralph Aldis, the co-portfolio manager for our gold funds, is looked to as an industry expert, and was recently quoted in Investors’ Business Daily, where he commented on recent events and how we are capturing opportunities.”

The following information was filed by U S Global Investors Inc (GROW) on Friday, May 12, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

View differences made from one year to another to evaluate U S Global Investors Inc's financial trajectory

Compare SEC Filings Year-over-Year (YoY) and Quarter-over-Quarter (QoQ)
Sample 10-K Year-over-Year (YoY) Comparison

Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were  removed  ,   added    and   changed   by U S Global Investors Inc.


Never Miss A New SEC Filing Again

Real-Time SEC Filing Notifications
Screenshot taken from Gmail for a new 10-K Annual Report
Last10K.com Member Feature

Receive an e-mail as soon as a company files an Annual Report, Quarterly Report or has new 8-K corporate news.


We Highlighted This SEC Filing For You

SEC Filing Sentiment Analysis - Bullish, Bearish, Neutral
Screenshot taken from Wynn's 2018 10-K Annual Report
Last10K.com Member Feature

Read positive and negative remarks made by management in their entirety without having to find them in a 10-K/Q.


Widen Your SEC Filing Reading Experience

Increased Reading Area for SEC Filings
Screenshot taken from Adobe Inc.'s 10-Q Quarterly Report
Last10K.com Member Feature

Remove data columns and navigations in order to see much more filing content and tables in one view


Uncover Actionable Information Inside SEC Filings

SEC Filing Disclosures
Screenshot taken from Lumber Liquidators 10-K Annual Report
Last10K.com Member Feature

Read both hidden opportunities and early signs of potential problems without having to find them in a 10-K/Q


Adobe PDF, Microsoft Word and Excel Downloads

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshots of actual 10-K and 10-Q SEC Filings in PDF, Word and Excel formats
Last10K.com Member Feature

Export Annual and Quarterly Reports to Adobe PDF, Microsoft Word and Excel for offline viewing, annotations and analysis


FREE Financial Statements

Download Annual and Quarterly Reports as PDF, Word and Excel Documents
Screenshot of actual balance sheet from company 10-K Annual Report
Last10K.com Member Feature

Get one-click access to balance sheets, income, operations and cash flow statements without having to find them in Annual and Quarterly Reports

Continue for FREE

Log in with your credentials


Forgot your details?

Create Account