The Toronto Stock Exchange reports that Sprott Physical Uranium Trust will list additional units. As stated in the prospectus supplement dated Sept. 8, 2023, to the short form base shelf prospectus dated Sept. 7, 2023, the trust will issue up to $125-million (U.S.) of units to the public, pursuant to the at-the-market (ATM) distribution procedures as defined by National Instrument 44-102, Shelf Distributions.
According to the TSX, the ATM sales will be
made directly on the TSX or any other existing
trading market in Canada, during the period commencing
Sept. 8, 2023, and ending upon termination of the amending
agreement dated Sept. 8, 2023, to the amended and restated
sales agreement dated Sept. 13, 2021, and as further
amended on Nov. 22, 2021. As a result of the ATM
procedures, prices may vary as between purchasers and during the
period of distribution.
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