Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

SPROTT PHYSICAL GOLD TRUST

(PHYS)
Delayed Nyse  -  04:00 2022-09-30 pm EDT
12.80 USD   -0.08%
08/17Sprott Physical Gold Trust : UPDATES Its “At-The-Market” Equity Program - Form 6-K
PU
08/12Sprott Physical Gold Trust : Interim Report to Unitholders - Form 6-K
PU
08/11Sprott Physical Gold Trust : Sales Agreement - Form 6-K
PU
SummaryQuotesChartsNewsCalendarCompanyFunds 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Sprott Physical Gold Trust : Sales Agreement - Form 6-K

08/11/2022 | 05:22pm EDT

Sales Agreement

August 11, 2022

Cantor Fitzgerald & Co.

499 Park Avenue

New York, NY 10022

Virtu Americas LLC

One Liberty Plaza

165 Broadway

New York, NY 10006

Virtu ITG Canada Corp.

222 Bay Street

Suite 2600, P.O. Box 33

Toronto, ON M5K 1B7

Ladies and Gentlemen:

Reference is made to the Amended and Restated Sales Agreement, dated October 21, 2020, including the Schedules thereto (the "Sales Agreement"), by and among Sprott Physical Gold Trust, a trust formed and organized under the laws of the Province of Ontario (the "Trust"), Sprott Asset Management LP, a limited partnership organized under the laws of the Province of Ontario (the "Manager"), and Cantor Fitzgerald & Co., Virtu Americas LLC and Virtu ITG Canada Corp. (the "Agents"), pursuant to which the Company agreed to sell through the Agents, as sales agents, units of the Trust. All capitalized terms used in this Amendment No. 1 to the Sales Agreement (this "Amendment") among the Trust, the Manager, and the Agents and not otherwise defined herein shall have the respective meanings assigned to such terms in the Sales Agreement. The Trust, the Manager, and the Agents agree as follows:

A.Amendments to Sales Agreement. On the date hereof (the "Amendment Date"), the Sales Agreement is amended as follows:

1.In the third paragraph of Section 1, the reference to "(File No. 333-239717)" shall be changed to "(File No. 333-266758)."

2.References to "date of this Agreement" shall mean August 11, 2022

B.Canadian Base Prospectus. The parties hereto acknowledge that any reference to the Canadian Base Prospectus in the Sales Agreement shall refer to the final short form base shelf prospectus dated August 10, 2022, or any subsequent final short form base shelf prospectus, filed with the OSC as principal regulator and with each of the other Canadian Securities Commissions in accordance with the Shelf Procedures.

C.Notwithstanding anything to the contrary contained herein, this Amendment shall not have any effect on the terms of the Sales Agreement prior to date of this Amendment, and the rights and obligations of the parties thereunder, including, without limitation, the representations, warranties and agreements (including the indemnification and contribution provisions), as well as the definitions of "Registration Statement," "Base Prospectus," "and "Prospectus," contained in the Sales Agreement.

D.No Other Amendments. Except as set forth herein, all the terms and provisions of the Sales Agreement shall continue in full force and effect.

E.Counterparts. This Amendment may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. Delivery of an executed Amendment by one party to the other may be made by facsimile or electronic transmission of a portable document format (PDF) file (including any electronic signature covered by the U.S. federal ESIGN Act of 2000, Uniform Electronic Transactions Act, the Electronic Signatures and Records Act or other applicable law, e.g., www.docusign.com).

F.Governing Law. This Amendment shall be governed by, and construed in accordance with, the internal laws of the State of New York without regard to the principles of conflicts of laws.

[Remainder of page intentionally left blank.]

-2-

If the foregoing correctly sets forth the understanding among us, please so indicate in the space provided below for that purpose.

Very truly yours,

/s/ Lara MisnerName: Lara MisnerTitle: Chief Compliance Officer

SPROTT ASSET MANAGEMENT LP

By its general partner, Sprott Asset Management GP Inc.

By:/s/ Lara MisnerName: Lara MisnerTitle: Chief Compliance Officer

SPROTT PHYSICAL GOLD TRUST

By its manager, Sprott Asset Management LP

By its general partner, Sprott Asset Management GP Inc.

By:

ACCEPTED as of the date first-above written:

CANTOR FITZGERALD & CO.

By: /s/ Sage Kelly
Name: Sage Kelly
Title: Senior Managing Director and Head of Investment Banking

VIRTU AMERICAS LLC

By: /s/ Joshua Feldman
Name: Joshua Feldman

Title: Managing Director

VIRTU ITG CANADA CORP.

By: /s/ Ian Williams
Name: Ian Williams
Title: Managing Director

Disclaimer

Sprott Physical Gold Trust published this content on 11 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2022 21:17:54 UTC.


© Publicnow 2022
All news about SPROTT PHYSICAL GOLD TRUST
08/17Sprott Physical Gold Trust : UPDATES Its “At-The-Market” Equity Program - Form..
PU
08/12Sprott Physical Gold Trust : Interim Report to Unitholders - Form 6-K
PU
08/11Sprott Physical Gold Trust : Sales Agreement - Form 6-K
PU
08/11Sprott Physical Gold Trust Updates Its “At-The-Market” Equity Program
AQ
03/17Sprott Physical Gold Trust : Annual Information Form
PU
2021Sprott Physical Gold Trust : 6-K - Form 6-K
PU
2021Sprott Physical Gold Trust Reports Unaudited Earnings Results for the Three Months Ende..
CI
2020Sprott Physical Gold Trust Announces Amendments to Trust Agreement
NE
2020Sprott Physical Gold Trust Reports Unaudited Earnings Results for the Third Quarter and..
CI
2020Sprott Physical Gold Trust Expands Its "At-The-Market" Equity Program
NE
More news
Chart SPROTT PHYSICAL GOLD TRUST
Duration : Period :
Sprott Physical Gold Trust Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SPROTT PHYSICAL GOLD TRUST
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Managers and Directors
John Anthony Ciampaglia Chief Executive Officer & Director
Varinder Bhathal Chief Financial Officer
Lara Misner Chief Compliance Officer
Maria Arkadevna Smirnova Chief Investment Officer
Kevin Hibbert Director