14:53:04 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Sprott Physical Uranium Trust
Symbol U
Shares Issued 248,435,917
Close 2023-09-11 C$ 20.05
Market Cap C$ 4,981,140,136
Recent Sedar Documents

Sprott Physical Uranium to list additional units

2023-09-11 18:29 ET - Prospectus Approved

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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