Sprott Physical Copper Trust updates at-the-market unit offering to raise up to U.S.$250 million
Reuters2026/07/29 22:52- Sprott updated the Sprott Physical Copper Trust’s at-the-market equity program to issue up to U.S. $250 million of units.
- The new ATM program replaces the prior program announced May 4, 2026, which has been terminated.
- Units may be sold at prevailing market prices on NYSE Arca or the TSX, with timing set at the trust’s discretion.
- Proceeds are intended to fund additional purchases of physical copper metal, consistent with the trust’s investment mandate.
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