Sprott Gold Trust Amends Sales Agreement
Ticker: PHYS · Form: 6-K · Filed: Dec 9, 2024 · CIK: 1477049
Sentiment: neutral
Topics: amendment, sales-agreement, financial-services
TL;DR
Gold Trust updated its sales agreement with major financial players.
AI Summary
Sprott Physical Gold Trust filed an amendment (Amendment No. 3) to its Amended and Restated Sales Agreement on December 6, 2024. This agreement involves the Trust, Sprott Asset Management LP, and several financial institutions including Cantor Fitzgerald & Co., Virtu Americas LLC, Virtu Canada Corp., Canaccord Genuity Corp., Canaccord Genuity LLC, BMO Nesbitt Burns Inc., and BMO Capital Markets Corp.
Why It Matters
Amendments to sales agreements can impact how a trust distributes or sells its assets, potentially affecting liquidity and investor access.
Risk Assessment
Risk Level: low — This filing is an administrative amendment to a sales agreement and does not appear to introduce new financial risks.
Key Players & Entities
- Sprott Physical Gold Trust (company) — Registrant
- Sprott Asset Management LP (company) — Party to sales agreement
- Cantor Fitzgerald & Co. (company) — Party to sales agreement
- Virtu Americas LLC (company) — Party to sales agreement
- Virtu Canada Corp. (company) — Party to sales agreement
- Canaccord Genuity Corp. (company) — Party to sales agreement
- Canaccord Genuity LLC (company) — Party to sales agreement
- BMO Nesbitt Burns Inc. (company) — Party to sales agreement
- BMO Capital Markets Corp. (company) — Party to sales agreement
- Amendment No. 3 (document) — Amended sales agreement
FAQ
What is the primary purpose of Amendment No. 3 to the Amended and Restated Sales Agreement?
The filing does not specify the exact purpose of Amendment No. 3, only that it is an amendment to the existing sales agreement.
Who are the parties involved in the Amended and Restated Sales Agreement?
The parties are Sprott Physical Gold Trust, Sprott Asset Management LP, Cantor Fitzgerald & Co., Virtu Americas LLC, Virtu Canada Corp., Canaccord Genuity Corp., Canaccord Genuity LLC, BMO Nesbitt Burns Inc., and BMO Capital Markets Corp.
When was Amendment No. 3 filed?
Amendment No. 3 was filed on December 6, 2024.
What type of filing is this document?
This document is a Form 6-K, a Report of Foreign Private Issuer.
What is the principal executive office of Sprott Physical Gold Trust?
The principal executive offices are located at Suite 2600, South Tower, Royal Bank Plaza, 200 Bay Street, Toronto, Ontario, Canada M5J 2J1.
Filing Stats: 248 words · 1 min read · ~1 pages · Grade level 10.8 · Accepted 2024-12-06 21:13:54
Filing Documents
- phys-6k_120624.htm (6-K) — 15KB
- ex99-1.htm (EX-99.1) — 404KB
- 0001839882-24-044175.txt ( ) — 420KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. SPROTT PHYSICAL GOLD TRUST (Registrant) By Sprott Asset Management GP Inc., as general partner of the manager of the Registrant By: /s/ Kevin Hibbert Kevin Hibbert Director Dated: December 6, 2024