Sprott Physical Gold Trust Announces Follow-On Offering
April 04, 2011 at 19:25 PM EDT
Sprott Physical Gold Trust (NYSEArca: PHYS) after Monday’s closing bell said it has launched a follow-on offering of up to $340 million. The net proceeds from the offering will be used to acquire physical gold bullion, according to a press release. Sprott Physical Gold Trust, which held a secondary...