Sprott Physical Gold Trust updates equity program to $2 billion

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Go back to Sprott Physical Gold Trust updates equity program to $2 billion

Sprott Physical Gold Trust Updates Its “At-the-Market” Equity Program

October 29, 2025 5:44 PM EDT

TORONTO, Oct. 29, 2025 (GLOBE NEWSWIRE) -- Sprott Asset Management LP (Sprott Asset Management), a subsidiary of Sprott Inc., on behalf of the Sprott Physical Gold Trust (NYSE: PHYS) (TSX: PHYS / PHYS.U) (the Trust), a closed-ended mutual fund trust created to invest and hold substantially all of its assets in physical gold bullion, today announced that it has updated its at-the-market equity program to issue up to U.S.$2 billion of units of the Trust (Units) in the United States and Canada.

Distributions under the at-the-market equity programs in the United States... More