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taken-up and paid for under the applicable Sprott offer, or provided the Merger Transaction is completed, deemed to be withdrawn from the applicable Sprott offer under the Merger Election subject to a minimum fee of $50 and a maximum fee of $1,500 with respect to each beneficial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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17.8 USD | -0.14% | -1.93% | 7.07B | ||
8.925 USD | -0.72% | -3.57% | 4.36B | ||