Sprott Physical Uranium Trust Announces Upsized US$200 Million Bought Deal Financing SHARE THIS ARTICLE
Jun 16, 2025, 09:15 ET /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART. IN OR INTO THE UNITED STATES./ TORONTO, June 16, 2025 /CNW/ - Sprott Inc. (NYSE: SIl) (TSX: SI) ('Sprott") on behalf of the Sprott Physical Uranium Trust (TSX: U,UNI (TSX: WU ('SPUT" or the "Trust") is pleased to announce that as a result of strong investor demand, the Trust has amended its agreement with Canaccord Genuity Corp. (the "Underwriter*). pursuant to which the Underwriter has agreed to purchase 11,600,000 units of the Trust (the "Units) at a price of US$17.25 per Unit (the "Offering Price") for aggregate gross proceeds of US$200.100,000 (the "Offering). The net proceeds per Unit to be received by the Trust will be not less than 100% of the most recently calculated not |