Soliciting dealer groups have been formed in connection with the offers to acquire all outstanding units ofCentral GoldTrust (TSX:GTU.UN) and Silver Bullion Trust (TSX:SBT.UN) in exchange for units of Sprott Physical Gold Trust (ARCA:PHYS) and Sprott Physical Silver Trust (ARCA:PSLV), respectively, on a net-asset-value-to-net-asset value basis. Sprott Asset Management, LP has agreed to pay to each soliciting dealer a solicitation fee of $0.1358 per GTU unit and $0.0448 per SBT unit deposited through such soliciting dealer if such unit is either taken-up and paid for under the applicable Sprott offer, or provided the Merger Transaction is completed, deemed to be withdrawn from the applicable Sprott offer under the Merger Election subject to a minimum fee of $50 and a maximum fee of $1,500 with respect to each beneficial unitholder of GTU or SBT and a minimum deposit of 300 GTU units or 1000 SBT units.
Stocks mentioned in the article
Price
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Change
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5d. change
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Capi.
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18.5 USD | +0.33% | +2.32% | 7.33B | ||
9.7 USD | +1.68% | +3.08% | 4.71B | ||