Sprott files paperwork for a battery metal exchange-traded investment

  • 📰 KitcoNewsNOW
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 78%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Sprott files paperwork for a battery metal exchange-traded investment

Sprott Asset Management said yesterday it filed a a preliminary prospectus for the trust to create a exchange-traded investment focused on battery metals.

"[The] Trust was filed and receipted by the securities regulatory authorities of all the Canadian provinces and territories for an initial public offering of transferable, non-redeemable units at a price of US$10.00 per Unit. The number of Units to be sold has not yet been determined," writes Sprott in a news release.

"The Trust is a closed-end trust established to invest and hold substantially all of its assets in physical nickel metal, cobalt metal and lithium carbonate. The net proceeds of the Offering will be used to purchase Battery Metals."

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 13. in BE

Belgique Dernières Nouvelles, Belgique Actualités