Tag: equity issuance strategy
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Sprott Physical Gold Trust Plans $1 Billion Equity Program Expansion
Sprott Asset Management LP, a subsidiary of Sprott Inc., made an announcement regarding the Sprott Physical Gold Trust’s updated at-the-market equity program. The Trust, established as a closed-ended mutual fund trust to invest in physical gold bullion, revealed plans to issue an additional $1 billion of units in the United States and Canada under the…