Sprott Physical Silver Trust Expands Equity Program to Boost Silver Holdings

Sprott Physical Silver Trust ( (PSLV) ) has shared an update.

Sprott Physical Silver Trust has updated its at-the-market equity program to issue an additional $1 billion of trust units in the U.S. and Canada. This move aims to raise funds for acquiring more physical silver bullion, aligning with the Trust’s investment objectives and potentially strengthening its market position in the silver investment sector.

More about Sprott Physical Silver Trust

Sprott Asset Management, a subsidiary of Sprott Inc., manages the Sprott Physical Silver Trust, a closed-ended mutual fund trust focused on investing in physical silver bullion. The Trust operates primarily in the United States and Canada, catering to investors interested in silver as a commodity.

For an in-depth examination of PSLV stock, go to TipRanks’ Overview page.