Sprott Physical Gold and Silver Trust Updates Its "At-the-Market" Equity Program
Sprott Physical Gold and Silver Trust Updates Its "At-the-Market" Equity Program
TORONTO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Sprott Asset Management LP ("Sprott Asset Management"), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Gold and Silver Trust (NYSE: CEF) (TSX: CEF) (TSX: CEF.U) (the "Trust"), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical gold and silver bullion, today announced that it has added additional sales agents to its at-the-market equity program to issue up to US$250 million of units of the Trust ("Units") in the United States and Canada.
多伦多,2024年12月6日(环球新闻)—— sprott 资产管理有限公司("sprott 资产管理"),作为 sprott inc. 的子公司,代表 sprott physical gold & silver trust(纽交所:CEF)(tsx:CEF)(tsx:CEF.U)("trust"),这是一个封闭式共同基金信托,旨在投资和持有其资产中的绝大部分于实物黄金和白银,今天宣布已增加额外销售代理商,以在美国和加拿大通过市场的股权计划发行最多25000万美元的信托单位("单位")。
Distributions under the at-the-market equity programs in the United States and Canada (together, the "ATM Program") will now be completed in accordance with the terms of an amended and restated sales agreement (the "A&R Sales Agreement") dated December 6, 2024 between Sprott Asset Management (as the manager of the Trust), the Trust, Cantor Fitzgerald & Co. ("CF&Co"), Cantor Fitzgerald Canada Corporation ("Cantor Canada"), Virtu Americas LLC ("Virtu"), BMO Capital Markets ("BMO") and Canaccord Genuity LLC ("Canaccord", and together with CF&Co, Virtu and BMO, the "U.S. Agents"), Virtu Canada Corp. ("Virtu Canada"), BMO Nesbitt Burns Inc. ("BMO Canada"), Canaccord Genuity Corp. ("Canaccord Canada" and together with BMO Canada, Cantor Canada and Virtu Canada, the "Canadian Agents", and, together with the U.S. Agents, the "Agents"). The A&R Sales Agreement is available on EDGAR at the website of the United States Securities and Exchange Commission (the "SEC") at www.sec.gov and the SEDAR+ website maintained by the Canadian Securities Administrators at .
在美国和加拿大(统称为"ATm程序")的市场股权计划下的分配现在将根据sprott资产管理(作为信托的经理)、信托、Cantor Fitzgerald & Co.("CF&Co")、Cantor Fitzgerald Canada Corporation("Cantor Canada")、Virtu Americas LLC("Virtu")、BMO Capital Markets("BMO")和Canaccord Genuity LLC("Canaccord",与CF&Co、Virtu和BMO一起称为"美国代理商")、Virtu Canada Corp.("Virtu Canada")、BMO Nesbitt Burns Inc.("BMO Canada")、Canaccord Genuity Corp.("Canaccord Canada",与BMO Canada、Cantor Canada和Virtu Canada一起称为"加拿大代理商",以及与美国代理商一起称为"代理商")于2024年12月6日签署的经过修订和重述的销售协议("A&R销售协议")的条款进行完成。A&R销售协议可在美国证券交易委员会("SEC")的网站www.sec.gov和加拿大证券管理者维护的SEDAR+网站上找到。
Sales of Units through the Agents, acting as agent, will be made through "at the market" issuances on the NYSE Arca ("NYSE") and the Toronto Stock Exchange ("TSX") or other existing trading markets in the United States and Canada at the market price prevailing at the time of each sale, and, as a result, sale prices may vary. Neither U.S. Agent is registered as a dealer in any Canadian jurisdiction and, accordingly, the U.S. Agents will only sell Units on marketplaces in the United States and are not permitted to and will not, directly or indirectly, advertise or solicit offers to purchase any Units in Canada. The Canadian Agents may only sell Units on marketplaces in Canada.
通过代理作为代理出售单位将通过在纽交所阿尔卡("纽交所")和多伦多证券交易所("tsx")或其他现有的美国和加拿大交易市场进行"市场发行",并且因此,销售价格可能会有所不同。美国代理在任何加拿大司法管辖区内均未注册为交易商,因此,美国代理将只在美国的市场上出售单位,并且不被允许且不会直接或间接地宣传或诱导在加拿大购买任何单位。加拿大代理只能在加拿大的市场上出售单位。
The volume and timing of distributions under the ATM Program, if any, will be determined in the Trust's sole discretion. The Trust intends to use the proceeds from the ATM Program, if any, to acquire physical gold and silver bullion in accordance with the Trust's objective and subject to the Trust's investment and operating restrictions.
根据信托的唯一酌情权,将决定ATM计划下的分配的成交量和时间(如有)。信托计划使用ATM计划的收益(如有)根据信托的目标和信托的投资及运营限制,收购实物黄金和白银。
The offering under the ATM Program is now being made pursuant to the amended and restated prospectus supplement dated December 6, 2024 (the "A&R U.S. Prospectus Supplement") to the Trust's U.S. base prospectus (the "U.S. Base Prospectus") included in its registration statement on Form F-10 (the "Registration Statement") (File No. 333-271163) filed with the SEC on April 6, 2023, and pursuant to the amended and restated prospectus supplement dated December 6, 2024 (the "A&R Prospectus Supplement") to the Trust's Canadian short form base shelf prospectus dated April 6, 2023 (the "Base Shelf Prospectus" and together with the A&R Prospectus Supplement, the A&R U.S. Prospectus Supplement, the U.S. Base Prospectus and the Registration Statement, the "Offering Documents"). The A&R U.S. Prospectus Supplement, the U.S. Base Prospectus and the Registration Statement are available on EDGAR at the SEC's website at www.sec.gov, and the A&R Prospectus Supplement and the Base Shelf Prospectus are available on the SEDAR+ website maintained by the Canadian Securities Administrators at .
在ATM计划下的发行现已根据2024年12月6日修改和重述的招股说明书补充("A&R美国招股说明书补充")进行,该补充适用于信托的美国基本招股说明书("美国基本招股说明书"),该基本招股说明书包含在其F-10表格注册声明("注册声明")中(文件编号:333-271163),于2023年4月6日提交给SEC,并根据2024年12月6日修改和重述的招股说明书补充("A&R招股说明书补充")适用于信托于2023年4月6日的加拿大短期基础架构招股说明书("基础架构招股说明书",与A&R招股说明书补充、A&R美国招股说明书补充、美国基本招股说明书和注册声明一起称为"发行文件")。A&R美国招股说明书补充、美国基本招股说明书和注册声明可在SEC网站www.sec.gov上的EDGAR上找到,而A&R招股说明书补充和基础架构招股说明书可在由加拿大证券管理局维护的SEDAR+网站上找到。
Before you invest, you should read the Offering Documents and other documents that the Trust has filed for more complete information about the Trust, the A&R Sales Agreement and the ATM Program.
Before you invest, you should read the Offering Documents and other documents that the Trust has filed for more complete information about the Trust, the A&R Sales Agreement and the ATm Program.
Listing of the Units sold pursuant to the ATM Program on the NYSE and the TSX has been approved by the NYSE and the TSX, as applicable, subject to all applicable listing requirements.
Listing of the Units sold pursuant to the ATm Program on the NYSE and the TSX has been approved by the NYSE and the TSX, as applicable, subject to all applicable listing requirements.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which an offer, solicitation or sale would be unlawful prior to registration or qualifications under the securities laws of any such jurisdiction.
本新闻稿不构成卖出或购买的要约,也不得在任何未在该地区适用的证券法规要求进行注册或资格认定的司法辖区内销售这些证券。
About Sprott and Sprott Asset Management
Sprott Asset Management is a wholly-owned subsidiary of Sprott and is the investment manager to the Trust. Sprott is a global leader in precious metals and critical materials investments. At Sprott, we are specialists. Our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California and Sprott's common shares are listed on the NYSE and the TSX under the symbol "SII".
关于sprott和sprott资产管理
Sprott资产管理是Sprott的全资子公司,是该信托的投资经理。Sprott是全球贵金属和关键材料投资的领先者。在Sprott,我们是专家。我们的深入知识、经验和人际关系使我们与一般投资者不同。我们的投资策略包括交易所上市产品、管理股票和私人策略。Sprott在多伦多、纽约、康涅狄格和加利福尼亚设有办公室,Sprott的普通股在纽约证券交易所和tsx上以“SII”符号进行交易。
About the Trust
Important information about the Trust, including its investment objectives and strategies, applicable management fees, and expenses, is contained in the Trust's annual information form for the year ended December 31, 2023 (the "AIF"). Commissions, management fees, or other charges and expenses may be associated with investing in the Trust. The performance of the Trust is not guaranteed, its value changes frequently and past performance is not an indication of future results.
关于信托
有关信托的重要信息,包括其投资目标和策略、适用的管理费用以及费用,均包含在截至2023年12月31日止的信托年度信息表(“AIF”)中。投资信托可能涉及佣金、管理费或其他费用和支出。信托的表现不被保证,其价值会经常变化,过往表现不预示未来结果。
Caution Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable United States securities laws and forward-looking information within the meaning of Canadian securities laws (collectively, "forward-looking statements"). Forward-looking statements in this press release include, without limitation, investor demands for Units, statements regarding the ATM Program, including the intended use of proceeds from the sale of Units, any sale of Units and the timing and ability of the Trust to obtain all necessary approvals in connection with a sale of Units. With respect to the forward-looking statements contained in this press release, the Trust has made numerous assumptions regarding, among other things, the gold and silver market. While the Trust considers these assumptions to be reasonable, these assumptions are inherently subject to significant business, economic, competitive, market and social uncertainties and contingencies. Additionally, there are known and unknown risk factors that could cause the Trust's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements contained in this press release. A discussion of risks and uncertainties facing the Trust appears in the Offering Documents, as updated by the Trust's continuous disclosure filings, which are available at www.sec.gov and . All forward-looking statements herein are qualified in their entirety by this cautionary statement, and the Trust disclaims any obligation to revise or update any such forward-looking statements or to publicly announce the result of any revisions to any of the forward-looking statements contained herein to reflect future results, events or developments, except as required by law.
关于前瞻性声明的警告
本新闻稿包含符合适用的美国证券法的前瞻性声明,以及符合加拿大证券法的前瞻性信息(统称为“前瞻性声明”)。本新闻稿中的前瞻性声明包括但不限于,投资者对单位的需求、关于ATm计划的声明,包括单位销售所得款项的预期用途、任何单位的销售以及信托获得与单位销售相关的所有必要批准的时间和能力。关于本新闻稿中包含的前瞻性声明,信托作出了许多假设,涉及黄金和白银市场等方面。虽然信托认为这些假设是合理的,但这些假设本质上受到重大业务、经济、竞争、市场和社会不确定性与意外事件的影响。此外,还有已知和未知的风险因素可能导致信托的实际结果、业绩或成就与本新闻稿中所表达或暗示的任何未来结果、业绩或成就存在重大差异。信托面临的风险和不确定性的讨论见于融资文件,并由信托的持续披露文件更新,这些文件可在www.sec.gov和上找到。本声明中的所有前瞻性声明均受到这一警告的全面限制,信托不承担修订或更新这些前瞻性声明的任何义务,或公开宣布对本声明中包含的任何前瞻性声明所做的修订结果,以反映未来的结果、事件或发展,法律要求的除外。
For more information:
Glen Williams
Managing Director
Investor and Institutional Client Relations
Direct: 416-943-4394
gwilliams@sprott.com
欲了解更多信息:
威廉姆斯
董事总经理
投资者和机构客户关系
直接拨打:416-943-4394
gwilliams@sprott.com