Sprott Physical Silver Trust (PSLV) has released an update.
The Royal Canadian Mint, custodian for the Sprott Physical Silver Trust, is revising its fee structure due to increased redemption requests and operational costs. The new fees reflect the Mint’s need to maintain profitability while offering value, and include increases in standard redemption fees as well as supplementary fees for multiple redemptions in a calendar year, with potential rebates on storage fees for the Trusts.
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