Sprott Trust Updates Equity Program to Expand Precious Metals Holdings

The latest update is out from Sprott Physical Platinum and Palladium Trust Trust Units ( (SPPP) ).

Sprott Physical Platinum and Palladium Trust has updated its at-the-market equity program to issue up to $100 million of trust units in the U.S. and Canada. The proceeds from this program will be used to acquire physical platinum and palladium bullion, aligning with the Trust’s investment objectives and potentially impacting its market positioning by increasing its holdings in these precious metals.

More about Sprott Physical Platinum and Palladium Trust Trust Units

Sprott Asset Management, a subsidiary of Sprott Inc., is a global leader in precious metals and critical materials investments. The company specializes in investment strategies that include Exchange Listed Products, Managed Equities, and Private Investments, leveraging its in-depth knowledge and experience in the sector.

For detailed information about SPPP stock, go to TipRanks’ Stock Analysis page.